During the negotiation of Moms.com‚ I played the role of Kim Taylor‚ the buyer from WCHI. I read the information over a few times and then tried to determine mine and the seller’s BATNA and reservation point. After reviewing the data‚ I determined that my BATNA would be to continue with an existing contract for more episodes of a current program‚ even though the ratings of the show were declining. The point where I would walk away with the negotiation would have been $8M for 7 runs per episode. On
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In Richard Rodriguez’s essay‚ “The Lonely‚ Good Company of Books”‚ his purpose seems to be a mixture of an analytical‚ persuasive‚ and entertaining view on reading books. This is achieved by the author sharing bits of his life which were intertwined with reading. For example‚ his first opinions on reading where formed by watching his parents read. Because of this‚ Mr. Rodriguez considered the context of reading to be more about educating people on a subject‚ rather than being entertaining. The author
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When a population grows rapidly‚ it can put great stress on an area such as a community or a country. When sudden extreme population growth occurs‚ food will become a prized possession‚ more people will die due to disease and war‚ and the economy will be affected. As a population grows‚ all the additional people will need food immediately to survive. There will not be time to develop new sources of food over many years. Instead‚ more and more people will need food more and more and the food will
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Negotiation simulation: The Pakistani Prunes The case is about a negotiation with a competitor to buy Pakistani prunes in order to use them to save lives. In fact‚ being a world leader of genetic engineering processes‚ I need Pakistani prunes to work on people. However‚ my direct competitor needs Pakistani prunes too and we have to find a deal before the day after. The outcome has been buying fifty-fifty in the short term. In fact‚ we agreed to share the limited resources on the short term
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Post-Negotiation Reflection Report I was the buyer in the Texoil Negotiation. I was offered $750‚000 and immediately counter-offered $375‚000 to re-anchor the position. This is because the first offer can otherwise exert a lot of influence. The target prices were clearly far apart; this is where the preparation start proves value and moves the seller to approach his reservation price. Specifically‚ I prepared objective rationale for my arguments and listed all the factors that I believe could influence
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Assignment #1 Negotiation and Bargaining 1. Using the definition of negotiation as provided in the text‚ modify the definition so you can include aspects of negotiation you deem important. “Negotiation is a form of decision making in which two or more parties talk with one another in an effort to resolve their opposing interests (Essentials of Negotiation fifth edition.” Negotiation occurs on a daily basis. It occurs between businesses‚ partnerships‚ marriages‚ friends‚ family and even law
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negotiating parties based on the resources they control or can influence to respond to their interests that will be addressed in a given negotiation. “walking-in” BATNA‚ that group of resources in your pocket before negotiation begins‚ and the dynamic BATNA that changes as you gain information during the negotiation process gives you a sense of whether to undertake a negotiation and whether to quit once the process has begun. Elements of BATNA 1.0 Deadlines: if you are under pressure to deliver a particular
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Negotiation Strategy Article Analysis Leisha Clark MGT/445 October 13‚ 2010 Dr. Michael Taku Negotiation Strategy Article Analysis Using the Internet the author of this paper will find two articles that describe a negotiation situation that employs different negotiation strategies. The negotiation processes used in the selected articles will be described. The two strategies will be compared and contrasted and how they may apply in the work setting. Negotiation Articles
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Communication in Negotiation Chapter 6 Introduction Communication is the effective transfer of intended meaning. If the transfer falls short of that‚ it is just noise. Much of this noise comes from interpersonal differences in key aspects of personality. Principles of effective communication are divided in to four general categories: 1. Listening 2. Speaking 3. Filtering and 4. Watching The Communication Process Source–person originating the message. Encoding–structuring the message. Channel–medium
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Ken Griffey Jr. Negotiations Case There were many mistakes made during the Ken Griffey Jr. negotiation. The key people involved were Ken Griffey‚ Jr.‚ Pat Gillick (the Mariners’ general manager)‚ Jim Bowden (the Reds’ general manager)‚ and Brian Goldberg (Griffey’s agent). First‚ there were many secrets kept during the entire process. Griffey‚ for example‚ never told Seattle upfront what his issues were. Seattle assumed it was money‚ but‚ in reality‚ Griffey wanted to be closer to his home and
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