Preview

Negotiation Quiz

Good Essays
Open Document
Open Document
3192 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Negotiation Quiz
Fill in the Blank Questions
1. (p. 2) People ____________ all the time. negotiate

2. (p. 3) The term ____________ is used to describe the competitive, win-lose situations such as haggling over price that happens at yard sale, flea market, or used car lot. bargaining

3. (p. 6) Negotiating parties always negotiate by __________. choice

4. (p. 6, 7) There are times when you should _________ negotiate. not

5. (p. 8) Successful negotiation involves the management of ____________ (e.g., the price or the terms of agreement) and also the resolution of __________. tangibles, intangibles

6. (p. 9) Independent parties are able to meet their own ____________ without the help and assistance of others. needs

7. (p. 10) The
…show more content…

(p. 9, 10) What are the three ways that characterize most relationships between parties? Most relationships between parties may be characterized in one of three ways: independent, dependent, and interdependent.

65. (p. 10) Define "zero-sum" situation. Individuals are so linked together that there is a negative correlation between their goal attainments.

66. (p. 10) Describe a "mutual gains" situation. When parties' goals are linked so that one person's goal achievement helps others to achieve their goals, it is a mutual-gains situation, also known as a non-zero-sum or integrative situation, where there is a positive correlation between the goal attainments of both parties.

67. (p. 12) What does BATNA stand for?Best alternative to a negotiated agreement.

68. (p. 13) What role do concessions play when a proposal isn't readily accepted?
If the proposal isn't readily accepted by the other, negotiators begin to defend their own initial proposals and critique the others' proposals. Each party's rejoinder usually suggests alterations to the other party's proposal, and perhaps also contains changes to his or her own position. When one party agrees to make a change in his or her position, a concession has been made (Pruitt, 1981). Concessions restrict the range of options within which a solution or agreement will be reached; when a party makes a concession, the bargaining range (the difference between the preferred acceptable settlements) is further


You May Also Find These Documents Helpful

  • Good Essays

    Besides the strategies chosen, there are several kinds of negotiations. Multi-attribute Negotiation presupposes the discussion of many issues included in the contract at the same time (Li, Giampapa, and Sycara, (2005). Bilateral negotiations oversee the two-sided…

    • 1163 Words
    • 5 Pages
    Good Essays
  • Better Essays

    City of Middlevale

    • 1798 Words
    • 8 Pages

    In negotiations there are key stakeholders. These are usually the parties that have the most to gain or lose in the…

    • 1798 Words
    • 8 Pages
    Better Essays
  • Good Essays

    MKTG542 exam 1 study guide

    • 1409 Words
    • 5 Pages

    a. working to reach an agreement that is mutually satisfactory to both buyer and seller…

    • 1409 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    The following constitutes the case on which demands will be based and which provides the…

    • 3079 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    Mgt 311 Business Plan

    • 751 Words
    • 4 Pages

    |Compromising- no one wins or loses. Both |Willing to ration the conflict and accept |The time it takes to come to a compromise…

    • 751 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    • Collective dilemma: A situation in which there is a conflict between group goals and…

    • 3675 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    * intimate relationships involve a high degree of love, trust, empathy and commitment from both partners…

    • 2285 Words
    • 10 Pages
    Good Essays
  • Good Essays

    a) A clear definition of the issue, with a good knowledge of where I want to be at the end of the negotiation, along with my limits and alternatives is mandatory.…

    • 1312 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    To attempt to define, or even identify a structured component to the process would be futile. People, personalities, economics, demographics, policy and law are not static, nor are needs, wants, concepts, trends or priorities. Deception and intimidation during negotiations is commonplace, and unfortunately sometimes holds more relevancy than fact. For these reasons, it is important for labor negotiators to be able to anticipate the worst, but hope to ultimately achieve a best case scenario. The final, ratified contract is applied to both parties, and hopefully in the end, it represents what is best for all involved. There are many potential stakeholders depending on the industry, but in the case of the community of Pleasant Ridge, it is the students and that ultimately have the most to lose. This can easily be forgotten when bargaining teams’ self-interests take hold.…

    • 2390 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Bases for using the accommodation strategy occurs when working together to accomplish goals are far more important than sorting out personal differences. This means that individuals or teams decide to go along with another 's point of view or decision. This strategy can be chosen when there is a subject matter specialist present who has more expertise in a given discipline or when a team has greater ownership of the issue and the outcome or result is not as important (Sessa, 1996). The accommodation strategy reduces group disagreement and helps an individual appear reasonable by submitting to another person 's point of view. In many, situations this approach provides good will for bargaining at a later date. However, caution should be exercised, because if this strategy is overutilized the team will assume that individual is weak. Conversely the team will consider that individual unreasonable if accommodation is overutilized.…

    • 955 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Emotions in Negotiations

    • 914 Words
    • 4 Pages

    * Negotiations occur in a complex social environment. People act within relationships that have a past, present and future.…

    • 914 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Negotiation Analysis

    • 756 Words
    • 4 Pages

    Q.1. Who are the parties in the Frasier negotiation, what are their interests? How can the various parties influence the negotiation process and its outcome?…

    • 756 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Tajfel and Turner (1979), did a research on groups in which two groups were placed in a competitive situation where each group was aware that they can only achieve a certain goal when members of the group work together and against the other group, a conflict then raised between them. They were given rewards for working against the other group.…

    • 2825 Words
    • 12 Pages
    Best Essays
  • Good Essays

    Negotiations

    • 706 Words
    • 3 Pages

    Ron Paul delegates mounting floor fight over new rules of GOP Convention. (2012). Retrieved from http://www.huffingtonpost.com/2012/08/27/ron-paul-delegates-gop-rules_n_1833755.html…

    • 706 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Relationships

    • 518 Words
    • 3 Pages

    The many relationships we encounter over our life time is what forms and molds us as humans. The way people interact with each other is based on the relationship they have with each other. There are many different types of relationships. For example there are Professional Relationships such as the relationship between you and your business partner or people in your work place. The Three main relationships you develop are Family Relationships, Friend Relationships, and Romantic Relationships.…

    • 518 Words
    • 3 Pages
    Good Essays