Assessment for Used Car Negotiation Simulation Summary My target for this negotiation was to get the car at $4‚500‚ the low end of blue book value. $4‚500 could be the net price‚ which means if seller can offer something else‚ such as maintenance service‚ parts or accessories to offset some part of the cost‚ I can accept higher price. My BATNA is to deal with other seller for similar used car. Eventually‚ I couldn’t make any deal with seller during the negotiation because he wanted to sell
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Negotiation is the most frequently used means of resolving conflicts between organizations. Particularly in international industrial marketing‚ when “big-ticket” and/or high technology products are involved‚ sales are most often negotiated. The General Medical MRI Negotiation Simulation (GM/MRI) has been developed specifically to provide a context for experiential learning and practical discussion of international business negotiations. JAPANESE NEGOTIATION STYLE INSTRUCTIONS The simulation becomes
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Hours of Work | Work Operation/Shift Schedule | Shift Premium | Overtime | Rest/Meal Period | Opening Position | 2 Operating Shifts being run by 2 shift groups. (40 hour work week) Morning Shift (60% Workforce) Evening Shift (40% Workforce)Each employee will be working on 8-hour shift. Schedule of Shifts will run on a 5 day a week. Morning Shift -5 days (Monday to Friday) 8 hours fixed‚ with 2 consecutive days off (Saturday & Sunday off)Evening Shift – 5 days (Monday to Friday) 8 hours
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above‚ during the last negotiation simulation there were three groups or teams. Each team represented a South American country. For this exercise the country of Brazil‚ wanting more action and less declaration of political will‚ convened a working group consisting of three countries: Venezuela‚ Peru and Colombia. The sole purpose of generating these countries together was to generate a solution to water quality concerns. Cooperation was a key element within this negotiation‚ as working together
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The Used Car ROLE INFORMATION FOR THE SELLER You have agreed to buy a new Subaru from a dealer. The down payment you will need to make on the new car is $9‚400‚ which lets you take out a loan with manageable (but steep) monthly payments. You are low on ready cash‚ so if you can’t come up with the down payment by selling your Volkswagen Jetta‚ you will have to borrow it at prime plus 5% interest. You are supposed to pick up the Subaru first thing tomorrow morning‚ so you want to sell the Jetta
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Cars once considered a luxury is now a necessity. The reasons for these drastic changes are two‚ 1. The residential areas have spread far and wide making cars indispensable. 2. Money at disposal and boom everywhere has made the purchase of cars possible by one and all. The Public transport system played both by the Government and private sector suffers serious drawbacks such as heavy crowd‚ negligent and rash driving undue consumption of time and unreliable operations. These are now
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What were your opening‚ target and resistance points? Since there were multiple opening‚ target‚ and resistance points throughout this negotiation‚ I feel it is best to organize this part of the assignment into bullet points. Royalties- opening point (5%)‚ target point (7%)‚ resistance point (10%) Contract Signing Bonus- opening point ($10‚000)‚ target point ($20‚000)‚ resistance point ($30‚000) Number of print runs for the book- opening point (5)‚ target point (4)‚ resistance point (4) again
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Design The descriptive research study will be used to determine the acceptability of the proposed business. Descriptive research involves gathering data that describe events and then organizes‚ tabulates‚ depicts‚ and describes the data collection (Glass & Hopkins‚ 1984). Descriptive research designs help provide answers to the questions of who‚ what‚ when‚ where‚ and how associated with a particular research problem. Anastas (2008) said that‚ It is used to obtain information concerning the current
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Negotiation Simulation Name: Chen Yi-Ying Student Number: 100016622 Programme: Management Before negotiation‚ there are many things the negotiators need to consider and prepare. In this article‚ it will be divided into nine areas. (Francis‚ C.‚ 2007) 1) Determine your goals. Negotiators have to set a goal for the issue before executing negotiation process. The goal would be the supports for the arguments that the negotiator made and the guide which help the negotiator to achieve an agreement
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Table of Contents INTRODUCTION 3 ACCESSING CULTURAL DIFFERENCES IN THE NEGOTIATION TEAMS 3 Hofstedes Cultural Dimensions 3 The Hall Model 3 The Kluckholn and Strodtbeck Model 4 ANALYSIS OF THE NEGOTIATION ACTIVITY 5 1. Background Factors 5 2. Atmosphere 5 Conflict/co-operation 5 Power/Dependence 6 Expectations 6 3. Process 6 Pre - Negotiation 6 Negotiation 7 Post negotiation 7 4. Cultural Factors 7 Time 7 Individualism vs. Collectivism 7 Pattern of communication 7 Emphasis on personal relations 8
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