Running Head: INTRODUCTION TO NEGOTIATION Introduction to Negotiation Module 1 – Case NCM512 TUI University Most people tend to take on a competitive approach to negotiation. They see everything as a win/lose situation. This unilateral strategy usually results in achieving unfavorable results. This way of thinking tends to vitiate the likelihood of serving long-term interest of the winner‚ even if the short term objectives are achieved. The solution to this is to change our way of
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Relationships 2. Conduct Negotiations S 1 Last week Last week S We have learned abut How to Build Relationships. S This week we are going to talk about Conducting Negotiations 2 Learning outcomes Learning outcomes S At the end of this lesson you will be able to; S Conduct business negotiations S Maximize benefits for all parties by negotiations‚ using negotiations techniques in the context of establishing long term relationships negotiation where appropriate S Incorporate
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Negotiation Learning Journal 1. Facts: Provide a brief overview of key events (How was the time allocated? Offers: opening-offer and counter-offer‚ as well as progression of offers? How was information exchanged? Were there pivotal turning points?) Since I’m the one who is selling the service station‚ so I suggest that I make the first offer. First offer I made was $1‚000‚000 because my target is $800‚000 and also I told her the reasons why I think the station is worth that amount of money
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In my negotiation for Viking I played the roll of Sandy Wood and I attempted to negotiate with Pat Olafson regarding a range of issue that we have had with each other over the past several years. These negotiations were extremely complicated because they dealt with three at least different issues. We had to figure out what to do about an outstanding loan that Pat had given me. We also had to come to an agreement on the matter of how much Pat was going to pay for work that I had done for his condominium
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Charge Negotiation Charge negotiations during a criminal trial are between the accused person and prosecutor. It is when the accused agrees to admit to a crime (sometimes a lesser crime that the one set out in the original charge eg. Admitting to manslaughter rather than murder). A plea of guilty will generally attract a discounted sentence and avoids spending taxpayer’s money. Negotiations are conducted in accordance with the Prosecution Guidelines of the Office of the Director of Public Prosecutions
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Negotiation Skills Assignment 10/28/2010 Sofian Dahshan NEGOTIATION SKILLS | Assignment “We cannot negotiate with those who says whats mine is mine and whats yours is negotiable!” “During 2005‚ American Hospital handled about 200 job offers for nursing assistants‚ research scientists‚ and a number of other employees. All but about 10 of these candidates took the initial offer without attempting to negotiate for something extra or more. Clark‚ the HR Manager‚ was delighted‚ but puzzled
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Andrea von Wunster Fordham University Dean Einersen 5/10/11 ESSAY # 1 As a manager‚ one must consider the cultural component of each negotiation process. Negotiations that take place internationally incur an even more dramatic set of cultural factors that contribute toward each party’s perception of the negotiation. “International business deals not only cross borders‚ but they also cross cultures. Culture profoundly influences how people think‚ communicate‚ and behave. It also affects the
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Negotiation Plan • Goals and objectives identified‚ highlighting the one key success which the group hopes to achieve. Our goal is to solve the air and water pollutions and reduce the cost which spends on road paving. The key things is that we are going to establish a filtration plant with the purpose of improve our water supply system. We could negotiate with the company to donate certain fund to cover the expense. • Interests defined We are lack of capital therefore we plan to float a 25-year
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Negotiation Process 1. Preparation and Planning Before the start of negotiation‚ you must be aware the history of conflict leading to the negotiation‚ the people involves and their perception of conflict and the expectation of negotiations. You also want to prepare an assessment of what you think the other party’s goal. Once you have gathered your info‚ use it to develop a strategy. 2. Definition of Ground Rules Once the planning and strategy is developed‚ you are ready to begin defining the
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now‚ where we want to be in the future and how we can get there. We began the negotiation process with very optimistic outcomes in mind‚ whilst considering our fall back options which would exceed current employer/ competitor offerings and protect the long term interests of the employees. We as the employee/ union group believed that the outcomes achieved were very favourable for the employees. 2 Bargaining Strategy We recognised that there was a retention issue within the organisation
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