GIBSON GUITARS CASE STUDY CONTENTS 1.Summary 2 2.Plan the Negotiation 2 2.1.Music Store Overview and the existing Relation with Gibson 2 2.2.The Lead Negotiator 3 2.3.Identify and Prioritize objectives 3 3.Defining the negotiation strategy 5 3.1.The ocean approach 7 4. Conclusion 8 5.Bibliography 8 1.SUMMARY The present report intends to briefly describe a negotiation strategy in order to successfully build a global partnership between the world famous guitar manufacture –
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Increase its stake in NECE Advantages: If Perry team succeeds in purchasing 25% of NECE directly from the NEC parent‚ parent shares will be reduced to 45%. In this way‚ the parent’s controlling stake would be eliminated and Perry’s would be increased meanwhile‚ which makes it more likely to create an independent Board for NECE. The board would tend to advocate and proceed the restructuring changes. Thus‚ Perry would be likely to profit from the restructuring and the better market performance of
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The Way of Studying By Vincent Chen In this age where studying is a bothersome chore for most students‚ students struggle to cope with their busy routine as well as their studies. The fierce competition to excel among themselves or on a national level‚ further catapults the students’ search for the ultimate study plan. Some students attend seminars‚ prep talks and tuition‚ only to tire themselves without realizing their dream of excellence. I believe that studying starts with ourselves and‚ with
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1. GM and Ford have quickly pushed the development of large Internet sites to create an environment where suppliers must compete for business. Ford and GM argue that these Internet sites should reduce cost because the negotiations are streamlined. How do you think the suppliers view these sites? Some suppliers‚ depending on their size might not have the technological infrastructure to participate in the AutoX-change. This will obviously limit their ability to work with theses automakers
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Assignment This is the second meeting between me (Sales and Marketing Director for the Khao-Lak Resort and Spa) and Miss Natalie‚ A leading European Tour Operator from Italy (acted by Khun Suparadee) In the meeting‚ we still focusing on win-win situation or compromising because we would like to keep relationship between the resort and her company and we would like to keep the future sales opportunities. From the last meeting‚ I was presented her about my resort background and also facilities
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In his book “How to Win Friends and Influence People” published in 1936‚ Dale Carnegie suggests‚ with the aid of real life examples from both ordinary people and historical figures‚ what might be the key in becoming successful. The several principles included in the book shape what could be considered as the Bible for human relationships. The book was initially written with the sole purpose to be used as a textbook for Dale Carnegie´s lectures on establishing good human relationships. Soon‚ after
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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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they did not engage in a problem solving mindset for a successful negotiation. Integrative bargaining did not transpire between Katherine and Alisa until the end. Katherine and Alisa resolved this conflict in a Win-Win situation despite the fact Katherine was arguing for a win-lose situation in her favor. Unfortunately‚ we fear both parties would find themselves in a similar confrontation in years to
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make lots concessions‚ and try to accommodating. 2) Barbara is irrational and wants a distributive negotiation. 5. Name and described the two types of negotiation. Distributive Negotiation- describes a win-lose and competitive situation Integrative negotiations- describe a win-win situation that parties try to find a solution to make the deal bigger. h.
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company. However‚ Pat does not like all the company rules. Therefore‚ as Pat‚ I tried to persuade Dale‚ the new department manager‚ that it is unnecessary to wear safety glasses all the time. As a consequence‚ Dale 1 won the negotiation and I reached a win-win result with Dale 2. This essay will reflect my performances in two negotiations and share my personal insights on the activity. To start with an evaluation of this activity provides me some ideas on my natural preferences for different types of influencing
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