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First, please explain the relationship between strategic moves, commitment and credibility. From this relationship perspective, how would you characterize the bargaining between a customer and a used car dealer? In other words, is the bargaining between a customer and a used car dealer a strategic or nonstrategic interaction? What will be the strategic moves of each of them? How each of them can express their commitment? How each of them can evaluate each other credibility?
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This assignment deals with the decision-making process, the strategies, which are applied in the decision-making process, the bargaining process between the car dealer and the car buyer. The strategies used by HOLDEN company to make the stronger relationship with the customers, suppliers also highlighted here.At last from this assignment defines the concept of the game theory of the strategy and the decision making process properly.
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