and Gaudin’s negotiating strategy in their deliberations with Reliant Chemical Company. Fontaine and Gaudin started off with a competitive strategy‚ wherein the outcome of the negotiation was more important than the relationship. This is evidenced by the fact that the market for VCM would be oversupplied in a few years due to the building of new chemical plants and a drop in demand. Pacific only needed to secure an extension from Reliant to enable them to maintain operations for just a while longer
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Pacific Oil Company Pacific Oil Company was founded in 1902 as the Sweetwater Oil Company of Oklahoma City‚ Oklahoma. The founder of Sweetwater Oil‚ E.M. Hutchinson‚ pioneered a major oil strike in north central Oklahoma that touched off the Oklahoma "black gold" rush of the early 1900s. It developed extensive oil holdings in North Africa and the Middle East‚ as well as significant coal beds in the western United States. In 1979‚ Pacific Oil established the first major contract with
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the strengths and weaknesses of Fontaine’s and Gaudin’s negotiating strategy in their deliberations with Reliant Chemical Company. How effectively did Fontaine and Gaudin approach the negotiation? Answer: Fontaine’s or Gaudin’s had good bargaining techniques. In my opinion these employees did not have enough time on the job‚ experience or in the business Their preparation for negotiations with Relient was inadequate. Adequate preparation should include careful study of strengths and weakness
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study on Pacific Oil Company shows from beginning to end the role of power in the outcome of a negotiation. From the beginning‚ the problem that Pacific Oil Company faced as it reopened negotiations with Reliant Chemical Company was that they did not assert the power necessary to really end up with the outcome of the negotiation they were hoping for. The case study points out several factors that Pacific Oil Company is trying to achieve in the contract negotiations with Reliant Chemical company: the
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The Pacific Oil Company “Look‚ you asked for my advice‚ and I gave it to you‚” Frank Kelsey said. “If I were you‚ I wouldn’t make any more concessions! I really don’t think you ought to agree to their last demand! But you’re the one who has to live with the contract‚ not me!” Static on the transatlantic telephone connection obscured Jean Fontaine’s reply. Kelsey asked him to repeat what he had said. “OK‚ OK‚ calm down‚ Jean. I can see your point of view. I appreciate the pressures you’re under
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Self-Reliant Ralph Waldo Emerson declares in "Self-Reliance" there is a higher merit we can ascribe and aspire to. These merits in man’s greatness are attributed not to conformity‚ but rather to originality. Nonconformity and discontinuity in a man’s approach to life are the doctrines advocated by Emerson in his work‚ while inwardly searching for personal truth. Although‚ Emerson employs a discontinuous literary style in his work‚ he revels in his lack of continuity to further broadcast his ideology
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External Influences 3.0 Evaluation 4.0 Cathay Pacific vs. British Airways 6.0 References Abstract CATHAY PACIFIC AIRWAYS LTD. Address: Cathay Pacific City‚ 8 Scenic Road‚ Hong Kong International Airport‚ Hong Kong. Website: www.cathaypacific.com The following report‚ comprising of secondary research found from numerous different sources will address the organisational profile of the Hong Kong based airline‚ Cathay Pacific. An organisational profile will be constructed detailing
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role is played by industry in which company operates. During my studies‚ I have noticed that oil companies are frequently used as examples of different models‚ due to specifics of the business. Particularly‚ the three models that this report is focused on – Event Process Chain‚ Data Flow Diagram and Entity-Relationship Diagram are commonly used in oil industry. Considering amount of data‚ its flow and relationships between different sets of data at oil companies‚ Data Flow Diagram and Entity-Relationship
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PACIFIC MEDICAL SUPPLY COMPANY | Case 6 | | Submitted to | Samy AhmedFaculty Member: MKT 445Sales Management | Submitted by | Medhad Nasser Chowdhury082735530Section : 01 | 3/24/2013 | Case Background Pacific Medical Supply Company was a prominent supplier in the southern California region. They used to supply medical instruments and all other itineraries using a distribution channel consisting of sales commission based Sales force. Jim Shine‚ the owner of Pacific Medical‚ started
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The idea of Pacific Coffee was inspired by the coffee culture of Seattle‚ where coffeehouses were community hubs‚ serving great Italian espresso based coffee in generous western culture sizes‚ with informality and a friendly attitude. Pacific Coffee is one of the leading coffee chains in Hong Kong‚ with retail outlets in Hong Kong‚ China and Singapore. Since opening its first outlet in 1992‚ the chain has played an instrumental role in bringing a coffee drinking culture to Hong Kong.With comfortable
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