industrial sectors for customers including General Motors‚ Nestlé‚ Shell‚ Japan Energy‚ Mitsubishi‚ and Cadbury Schweppes. Shanghai-based JJM‚ one of the biggest gaming and hospitality companies in Asia‚ is owned by Chinese businessman Tan Wu Bo. This case study revolves around the period when JJM has been a HyperHawk client for six months‚ and the companies have signed an agreement to conducttwo projects. The first‚ completed in March 2005 and tremendously successful‚ saved JJM some $1 million‚ and
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Reflection Journal: TEXOIL CASE Summer 2015 For the Texoil negotiation‚ I was assigned the role of the Service Station Owner. As such‚ my main objective was to sell the station and get the best possible agreement. My BATNA was $518‚000‚ which accounted the present and the next two years expenses ($478‚000) plus half of the year salary upon return from the trip ($35‚000). My asking price was 650‚000 explaining to Texoil that the market price was around $800‚000. The benchmark was the cost of constructing
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Negotiation Strategy and Analysis Article MGT 445 Negotiation Strategy and Analysis Article For the purpose of this analysis two separate negotiations will be discussed. Time Warner Cable v CBS Television and Century Link v CWA. This analysis will compare and contrast both negotiations for similarities and differences. Time Warner Cable v CBS Television Time Warner Cable must have an agreement with CBS Television in place in order to air the programs they offer. If an agreement
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Negotiation Strategy Article Analysis Negotiations are handled differently by everyone. Some Negotiators are more passive and others extremely direct. Some love the bargaining process and begin the offer extremely low or high for the purpose of playing the negotiating game with their opponent. Others just prefer to have their best cards on the table with a take it or leave it attitude. Negotiators should learn when and how to use different negotiating styles. After all‚ negotiations play a huge
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Negotiation Strategy Article Analysis Negotiation Strategy Article Analysis The first article is retrieved from Bloomberg.com "Saudi Oil Tanker Owners in Negotiations with Pirates" where the Saudi Arabian supertanker hijacked off the coast of Somalia. The supertanker belongs to Saudi Arabia ’s state-owned shipping line‚ Vela International Marine Ltd. The negotiation is between the pirates that have captured the Sirius Star and the owners of the Saudi Arabian supertanker. The pirates have the
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Negotiation Process Article Analysis Organizational Negotiations MGT445 Negotiation Process Article Analysis The several negotiation strategies include collaboration‚ accommodation‚ competition‚ and avoidance (Lewicki‚ Saunders‚ & Barry‚ 2006). Depending on the situation‚ one strategy may be more effective than another strategy. Two such instances in which different negotiation strategies were applied are Negotiating New Vehicle Purchases (Craver‚ 2005) and Town Settles Mall Suit (The Daily
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Negotiation Strategy Analysis MGT445 September 6‚ 2010 Jeni Mixon Negotiation Strategy Analysis In many interactions throughout life‚ there comes the need to negotiate. Negotiation comes in many forms and fashions. Often when there is an issue‚ when there is a purchase‚ when a person has a need‚ when we have a want and many other instances can require the use of negotiation to achieve the desired outcome. In the world of business‚ negotiations are a staple of every interaction. Depending
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Frasier (A): Negotiation analysis Presented to: Prof Himanshu Rai Group : 9 Nikita Singh PGP30092 Shipra Saini PGP30395 Mallika Therthani:PGP30204 Rupika Malhotra: PGP30046 Mwblib Basumatary PGP30147 Twinkle Singh PGP30293 Rituraj Das PGP30335 Parties ❖ National broadcasting company ❖ Paramount‚ owner of the show ❖ The company wants to pay under $ 5 million in order to make a profit on the show ❖ It seemed to be demanding $8 million per episode The negotiation timeline BATNAs Interests
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MANAGEMENT REPORT BATNA Basics: Boost Your Power at the Bargaining Table www.pon.harvard.edu Negotiation Management Report #10 $50 (US) Negotiation Editorial Board Board members are leading negotiation faculty‚ researchers‚ and consultants affiliated with the Program on Negotiation at Harvard Law School. Max H. Bazerman Harvard Business School Iris Bohnet Kennedy School of Government‚ Harvard University Robert C. Bordone Harvard Law School John S. Hammond John S. Hammond & Associates
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Section A: Case Study This section carries 50 marks. INSTRUCTIONS: ANSWER ALL QUESTIONS. WRITE YOUR ANSWERS IN THE BOOKLET PROVIDED. 1. Read the following case study carefully and answer the questions that follow. Case Study You are the lawyer for Audrey Lim‚ a training consultant. Last month‚ Ms Lim was involved in a car accident. As far as she is concerned‚ the traffic light was in her favour at the junction and she had the right of way. According
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