------------------------------------------------- → Papers must answer each of the following questions. 1. Explain what the video was about. The video is an informative/educative session that walks us through the DOs and DON’Ts of negotiation. Negotiation is an art that involves preparation‚ bargaining & settlement. Negotiation is all about striking a deal that benefits both the parties. One should be of the opinion that he/she needs to get the bigger portion of the pie and leave the other party in a loss situation. A deal
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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? Answer: The parties in the Frasier negotiation are the National Broadcasting Company (NBC) and Paramount‚ the owner of the show. While the National Broadcasting Company (NBC) wants to pay under $5 million in order to make a profit on the show‚ Paramount seemed to be demanding $ 6 million per episode. Paramount came down to $5.5 million later
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Algebra: Challenging problems The following questions are taken from an article written by Tom M. Giambrone‚ from Indiana University Pennsylvania. 1. Omar the Rope Maker decided to make a rope long enough to stretch around the Earth (the circumference of which is 40000 kilometers). Having completed the task‚ he discovered that he had actually made the rope 12 metres too long. Now wanting to cut the rope (it was somewhat of a record length)‚ he decided to put the ends of the rope together and
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The article starts off with the example of the negotiation between an European firm and an U.S firm‚ wherein‚ Chris‚ an employee of the US firm negotiated it to success. The US firm wanted exclusivity of the ingredient supplied by the other firm and even if they were being offered a price higher than the initial $18 a pound and a guaranteed minimum order of 1 million pounds annually ‚the European firm was not budging. Chris‚ then investigated and found the reason that the supplier of the European
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Euromouse Negotiation Mouse Reflection Paper Lim Jian Hong‚ Benjamin (A0110508W) Background of Parties I was assigned the role of Mouse representative for this Mouse exercise. The primary objective for Mouse heading into the negotiation was to ensure co-operation from the mayors of Chessy‚ Coupvray‚ Magny and Bailly. The strategy revolved around financial compensation as a means of dealing with these towns. The approach towards the French government was one based on an assumption of them being supportive
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CONVERSATION OF NEGOTIATION AT MATTA FAIR Promoter : Good morning sir! Welcome to our booth. May I help you? Me : Good morning. I was searching for my vacation at Sarawak. Do you have any good package for me? Promoter : Of course we have sir. This is the list that we offer through out this year. When you plan to go to vacation? Me : Oh‚ I would prefer in June. Do you have any good package? Promoter : Lucky for you sir! In June we have very good package. During that month they will
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Negotiation Planning Form Fundamental Interests What do each of the parties want? YOU: Z-25 Technology OTHER PARTY: Competitive Price to recoup development costs and maintain competitive advantage Issues What should be on the table? What will the discussion focus on? Look for commonality and tradeoff The new technology Preventing the sale of technology to direct competition Net Profits Recoup the development costs Audio shouldn’t sell the technology to external customers – Reducing profitability
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Job Negotiation Analysis Research on The Job The job that I am looking for is full-time accountant and many companies have openings for staff accountant. Though I have Bachelor’s Degree in Accounting and will gain Graduate Diploma‚ my shortage is that it is my first time to find full-time job and I have little work experience. So I set my career level as entry level and find relative jobs that only need less
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The first technique when displaying challenging behaviour would be being calm and taking control of the situation. This is good but does not always work in severe conditions so that’s when other methods are put into place to prevent this challenging behaviour. Proactive methods are a good method to use‚ this is because you are trying to prevent the behaviour happening before it has even started‚ therefore stopping you and others around you getting hurt. However these methods do not always work because
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Negotiation with the Families Contents Introduction 2 Summary 2 Analysis 4 Business Case 6 Appendix 1: Literary Piece 8 Introduction We have chosen an excerpt from The Godfather by Mario Puzo as our literary piece of choice to examine the conflict portrayed in it. The way Don Corleone convinced the heads of mafia families to allow his son to live safely on American soil in exchange for his permission to carry out drug trading is a masterpiece in negotiation. We have included
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