Case Study: BP Texas Refinery Introduction According to Lewicki‚ Saunders & Minton (2003)‚ adopting an unethical approach to negotiation in business can have serious consequences. A recent explosion at the British Petroleum (BP) Texas refinery on 24 March‚ 2005 reiterated this and demonstrated the effect of an unethical approach to negotiation with the death of 15 contract workers. Ethical behaviour refers to the standards of conduct such as honesty‚ fairness‚ responsibility and trust. (Lewicki
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NEGOTIATION PLANNING DOCUMENT Negotiation: Role: Viking Sandy Wood My overall goal: Maximize my sale price for the syndication of Ultra Rangers cartoon. Since financing costs and re-run costs (up to 8 runs/episode) is quite costly‚ I will feed those costs into my total sale price. Additionally‚ I want to build a sustainable relationship with WCHI so that I can negotiate future deals. Therefore‚ starting this business relationship on good terms is important for me. What are the issues at stake
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1Negotiation Planning Form – Yoav Cohen ; Student ID: N11968626 I. The Problem Problem Statement: I must negotiate with (person) to (solve what problem). I must negotiate with WCHI a 5 year license with 100 episodes of Moms.Com to maximize the net value of the bargaining deal beyond WWIN’s estimated offer of $2.5M. In addition‚ I should sell “Junior” at a higher price than $10K to WCHI. II. Goals and Decision Makers My specific‚ High Expectation: Although $70‚000 per episode paid upfront would
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Culture and Negotiations Why do Japanese negotiators behave in the manner they do? How does culture affect negotiating behavior and outcomes? MASTER THESIS Author’s name: Patrycja J. Krause Student’s number: 258891 Academic advisor: Søren O. Hilligsøe Faculty of English Aarhus School of Business May 2006 I would like to thank my Mom‚ Barbara‚ for her understanding‚ encouragement and eternal support‚ as well as my advisor‚ Søren O. Hilligsøe‚ for his academic help‚ advice and faith in me keeping
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The negotiation was fast. BebsiCo gave me a price for a yearly contract of $4 M and I agreed. We agreed to negotiate again next year after seeing the percentage of the target market we have reached. The deal was fair‚ and created value for me (reputation and possibility to obtain financing). I also noticed them about the availability to distribute in the largest chain-restaurant in the country (low cost for us‚ high value for them). This was an example of a claiming value negotiation‚ where
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Negotiation Position Paper Assignment Your task in this assignment is to review and explain what happened during our mock collective bargaining sessions and present your personal recommendation for next steps to the group that you report to as management or labour. If you are part of the labour bargaining team‚ your report would be directed to all members of the bargaining unit. If you are on the management team‚ your report would be directed to other members of management (including chain
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Negotiation Analysis Case By: Tae Hoon‚ Min‚ and Lin Business Negotiation Scenario David (age 58) is in charge of Southeast Asia for an investment company‚ Wells Fargo as a managing director. The firm is not performing well and David feels that he is at risk. He decides to negotiate an early retirement package with his company. His highest earnings have been $750‚000. When David is preparing to negotiate an early retirement package with his company‚ he gets an email from the chairman of Allianz
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pa Negotiation Expectations: Park Pipe: To have the retention monies reduced to nil. Chic Koon: To get the full 20% retention money. Information required from all Students: Your agenda for the planned negotiation. Your ‘Best alternative’ Your ‘Worst alternative’ Your proposed strategy for the negotiation Your expected outcome Negotiation Each team will have a 4 person negotiating team‚ and each person will need to actively participate during the negotiation. You will
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Option 2: National Football League Negotiation The National Football League (NFL) was formed in 1920 with 11 teams. It is currently divided into two conferences of 16 teams further divided into 4 four-team divisions. The National Football League Players Association (NFLPA) acts as a labor union for NFL players by negotiating with owners. NFL players and owners started negotiations in 2011 to divide revenue for its $9 billion a year business. The earlier NFL agreement was agreed on in 2006.
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1. What are the issues in the upcoming negotiation? From Wes Unselds perspective the issue of how much was Howard worth to the Washington Bullets? How much would the Bullets be willing to pay to keep Howard from going to another NBA team? 2. Based on a review of ALL the issues‚ what is the “bargaining mix”? (Which issues do we have to cover? Which issues are connected to other issues?) Juwan Howard’s future talent as an NBA player and how much money can he help bring to the Washington Bullets
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