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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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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Assignment #4 - Negotiation case As we are two exchange students from Spain and Israel‚ we have experienced a common situation when we arrived to Brandeis University this semester for an exchange programme in IBS. Therefore‚ the following case situation is real and it includes the real names of the characters who took part in the story. You are very welcome‚ of course‚ to change the names in case you want to use it for your future classes. Character #1 – The new exchange student Jose is a
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Google Stock. The deal closed in November 2006. I take up the negotiations from Friday October 9th 2006‚ with Google in talks to acquire YouTube after bidding 1.65Bn for it. Google will pay YouTube in Google stock which means that the owners could have a lot more than the $1.65bn in a few years time if Google continues to grow. YouTube investors Sequoia are rumoured to take $480M of this stock portfolio. Google claim that if negotiations are successful and the acquisition goes through‚ "YouTube will
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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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The Last Taboo What unites the Vatican‚ lefties‚ conservatives‚ environmentalists‚ and scientists in a conspiracy of silence? It’s midnight on the streets of Calcutta. Old women cook over open fires on the sidewalks. Men wait in line at municipal hand pumps to lather skin‚ hair‚ and lungis (skirts)‚ bathing without undressing. Girls sit in the open beds of bicycle-powered trucks‚ braiding their hair. The monsoon’s not yet over‚ and grandfathers under umbrellas squat on their
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Essentials of Negotiation - Chapter 1: The Nature of Negotiation Key Words Models Bargaining Dual Concerns Model Bargaining Range BATNA Claim value Concession Making Conflict Dependent Dilemma of Honesty Dilemma of Trust Distributive Bargaining Independent Interdependent Intergroup Conflict Integrative negotiation Intragroup Conflict Intrapersonal or Intrapsychic Conflict Interpersonal
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scenario about ‘The bidding for NatWest’‚ and then consider the questions using the course concepts and in the context of Inter-Organisational‚ Intra-Organisational‚ Inter-Group and Intrapersonal Negotiation and communication strategies. You can draw on any knowledge gain from other ‘International Negotiation and Sales Management’ courses. Case 3: The Assignment – ‘The Danone‚ Wahaha Joint Venture Dispute’ Part 1. The real story behind Wahaha’s conflict with Danone – ’national capital’ or just
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Persuasive Communications and Negotiation course‚ before a negotiation‚ the negotiator should make adequate preparations. These preparations include self-assessment‚ assessment of the other party and the situation assessment. First‚ the negotiator should complete self-assessment. The negotiator should clearly understand what he want‚ what his target point and reservation point are‚ what his alternatives are‚ and analyses‚ which is the Best Alternative to Negotiate analysis (BATNA) (Thompson‚ 2012).
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