Take-it-or-leave-it Offer

A take-it-or-leave-it offer is a negotiation tactic where one party presents a proposal that must be accepted or rejected without room for modifications. This approach often occurs in situations where one party has more power or when time is limited. For example, a supplier might offer a fixed price for goods, leaving the buyer to either agree to the price or walk away. While this tactic can expedite decisions, it may also limit flexibility and can lead to dissatisfaction if the terms are perceived as unfair.