Post-Negotiation Analysis Les Florets Entering Les Florets negotiation‚ I had set for myself rules. Besides my will to buy the restaurant‚ I had some intermediary objectives to help reach my goal. First‚ I needed to learn more about the seller’s reasons to sell. This way I could offer her different solutions to solve the situation. Second‚ I needed to be flexible‚ despite the limit of $160‚000. That meant I needed to maintain a margin in the negotiation around the price‚ and I decided to start
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and Negotiations Nathan Bolton Strayer University BUS 526 – Negotiation and Conflict Resolution Dr. Joaquin M. Angles 11/28/2010 1. Outline the actions you would take to address major communication issues in a situation. Explain how these actions would improve the effectiveness of communications during the negotiation. The first action I would take to address major communication issues in a situation is to ask manageable questions. “Questions are essential elements in negotiations for
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DISCUSSION QUESTIONS: 1. What goals (target price‚ opening bid‚ bottom line‚ etc.) did the seller(s) and buyer(s) set for themselves in the negotiation? Did they reveal these goals to their agent? The goals of the buyer were not obviously revealed; because I was the seller I did know that my priorities and bottom line was set and that even though the seller was unable to pay two mortgages if the offer was not fair‚ then we would have to walk away. 2. Did you reach agreement
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The Whiplash Negotiation – MetroMart Background Acting in the capacity of the in-house lawyer for MetroMart Supermarkets Limited‚ I was charged with handling a claim against one of our drivers who was accused of careless driving which resulted in his truck colliding into the back of the car of one of our customers. Our driver‚ who has a clean driving record‚ said in his statement that the traffic was really quiet heavy and moving relatively slowly when the plaintiff‚ Mrs. Johnson‚ who was driving
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2012 1. Identify the strengths and weaknesses of Fontaine’s 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
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Reading Responses Face-Negotiation Theory Face-Negotiation theory was developed by Stella Ting-Toomey in 1985. It is a theory that explains why members of two different cultures manage conflict differently. Ting-Toomey asserts that different cultural values exist in dealing with conflict‚ and these conflictual episodes‚ in turn‚ are influenced by the face concerns and face needs of communicators. The differences in cultures‚ distinguishing between individualistic and collectivistic orientations
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Negotiations that preserve relationships 1.0 INTRODUCTION When thinking about workplace negotiations‚ what normally comes to our minds is a picture of relatively aggressive opponents holding their files and arguments‚ determined to get the best for themselves out of the process. A different and better approach to negotiating is to assume that the parties’ subsequent relationship remains as important as the details of the deal struck between parties‚ i.e. collaborative negotiations. Negotiation
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My position on the above scenario Traditionally‚ the woman and the man are legally married which should not be overlooked by the woman’s family. On the other hand‚ a marriage is not “merely a private law contract between two individuals‚ but an important familial and community event” (Nichols 2012‚ p.223). Hence‚ both parties (the husband and the woman’s family) should collaborate and come to an agreement on the best option for the woman. If‚ however‚ both parties cannot unanimously agree upon
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The pervasive impact of culture on international negotiations The primary purpose of this section is to demonstrate the extent of cultural differences in negotiation styles and how these differences can cause problems in international business negotiations. The reader will note that national culture does not determine negotiation behavior. Rather‚ national culture is one of many factors that influence behavior at the negotiation table‚ albeit an important one.For example‚ gender‚ organizational
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Internal control ACCT504 Financial accounting and Managerial use‚ analysis Keller Graduate school of Management Professor : Linval Frazer Week 5: Case study 2 Friday ‚ April 4‚ 2014 Preparing LJB’s Internal Control Reporting for Public Trading Background LJB Company ‚ a small business local distributor who understands to go public in the future‚ the company should be in accordance with the law and may need to take more stringent internal control principles . At the request of
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