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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program are many. To prevent this there must be direct‚ quantifiable benchmarks that are acknowledged by all parties involved. Any contract ambiguity that occurs can result in differences in opinion on interpretation and the resulting need for negotiation‚ mediation‚ and possibly litigation. This would result in time‚ money‚ and effort for both parties which is not a desirable outcome. The simulation starts with a difference in opinion between companies on progress and defects in workmanship‚ which
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European Negotiations Southern Candle’s Tour de France MGB225 Intercultural Communication and Negotiation Skills Assessment 1 Name: Raya Korudova Student ID: 9385584 Tutor’s Name: Ken Huxley Word Count: 1606 1. Executive Summary Possessing cultural awareness is of an extreme importance when it comes to doing business internationally. The European Negotiations Southern Candle’s Tour de France case study illustrates its significance as it points out a lot of intercultural
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Principled negotiation Principled negotiation is a problem solving‚ win/win approach to negotiation primarily developed by Roger Fisher‚ William Ury and Bruce Patton as a part of the Harvard Negotiation Project at Harvard University . Principled negotiation attempts to advantage all parties by providing a method of negotiation that involves thinking creatively to generate as many options as possible that will satisfy both parties. This is different to a win/lose (or zero sum) approach in which one
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Negotiation is a basic generic human activity. The world is a giant negotiating table such that a person can negotiate many different things in many different situations. Negotiations can occur over labor relations‚ buying purchases‚ salaries‚ strikes‚ international affairs such as war and freeing hostages as well as family issues such as divorce‚ child custody and even who gets the car keys. There are two common characteristics of a negotiation or bargaining situation. The first characteristic
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The collaborative negotiation A collaborative negotiation is where parties desire‚ and work towards achieving‚ a mutually beneficial outcome. In some cases this can mean reaching a “win/win” result. In a collaborative negotiation there is a greater focus on the genuine interests of the parties‚ rather than posturing or point scoring. In a collaborative negotiation‚ the parties will better understand each other’s interests. For example‚ A computer distributor approaches a Chinese supplier to tender
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6760657 BUSINESS NEGOTIATION ‘‘Negotiation is a process of interaction by which two or more parties who consider they need to be jointly involved in an outcome‚ but who initially have different objectives‚ seek by the use of argument and persuasion to resolve their differences in order to achieve a mutually acceptable solution’’. (Fowler‚ 1999) Any negotiation process has various stages. The example explained below covers every of this stages within the negotiation process. It also shows
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twenty-three years‚ he holds a lot of negotiation experience. Edward feels that although official training is always provided‚ he has mostly learned from experience. (personal communication‚ October 26‚ 2011) Perspective Description of Negotiation Process When asked to describe the negotiation process from his perspective‚ it was discovered that his description resembled Greenhalgh’s seven phases of negotiation. (Greenhalgh‚ 2001) Greenhalgh’s seven phases of negotiation include preparation‚ relationship
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Self Appraisal Paper (2500 words) The negotiations class was an insightful experience. It helped me attain a better understanding of my strengths and weaknesses both personally and professionally. It helped put into perspective a lot of my theoretical analysis conducted on group dynamics and‚ most importantly‚ has helped me become a more effective negotiator. My goal with this paper is to communicate the evolution of my negotiation skills during the progression of the course. As a negotiator
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“Sluggers Come Home” Debriefing Template You will watch an on-line video called ‚ “Sluggers Come Home”. The link to the video will be posted on Blackboard. After watching the video please write up your analysis answering the following questions. → Papers will be due on the next-to-last night of class. ------------------------------------------------- → Papers must answer each of the following questions. 1. Explain what the video was about. The video is an informative/educative
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