0
A bottom line is the least you are willing to accept. You will not negotiate beyond that point. Car dealers use this in negotiations with buyers. But just because someone says "this is my bottom line" it doesn't mean it is a fair deal.
For example, a used car Kelley Blue Book is listed at $2300. A dealer is selling that model/year for $3500. He says his bottom line is $3000. But the customer knows the industry priced the worth at excellent shape at $2300. The car at the dealer's is only in good condition. The customer counters with an offer of $1700 -- far less than the dealer's bottom line. The dealer won't budge. The customer calls his bluff and starts to walk out. The dealer stops him and says, for you, I'll sell it for 2400. The customer counters with $1800. Finally, they agree on the price of $1840.00.
Point: The supposed "bottom line" can drastically change---on both sides. A bottom line is not an absolute, but simply a suggested number or criteria.
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
Which is gramatically correct bottom-line profits or bottom line profits?
Bottom-line profits
What is the bottom line of a shape?
The bottom line of a shape is the base of the shape. For example, the bottom line of a pyramid is the base of the pyramid.
What makes a line a vertical line?
a vertical line is a line which is made from top to bottom or bottom to top.
What does the bottom line mean?
i think it means when you is done it is the bottom of the line
What does bottom line mean?
Bottom Line The last line of a company's profit and loss ledger sheet. The bottom line usually refers to the net profit or loss of a company at any given time. The bottom line is a figurative term meaning "the basic information," "the essentials," as in "What's the bottom line of this situation?"
When was Land of the Bottom Line created?
Land of the Bottom Line was created in 1990.
When was Bottom Line - album - created?
Bottom Line - album - was created in 1979.
When did WWE Bottom Line end?
WWE Bottom Line ended in 2005.
What does bottom mean?
Bottom Line The last line of a company's profit and loss ledger sheet. The bottom line usually refers to the net profit or loss of a company at any given time. The bottom line is a figurative term meaning "the basic information," "the essentials," as in "What's the bottom line of this situation?"
What is the duration of WWE Bottom Line?
The duration of WWE Bottom Line is 2700.0 seconds.
What trans line on the radiator of a 2001 Chevy Venture is the return line the top or the bottom?
BOTTOM
What does Triple bottom line reporting refer to?
can you answer this question????????? to what does the term trple bottom line refer?
