Why is it important to become familiar with the role of negotiation in implementing a firm’s strategy, and the various stakeholders who must be considered.
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Why is it important to become familiar with the role of negotiation in implementing a firm’s strategy, and the various stakeholders who must be considered.
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- What strategies can businesses employ to handle conflicts arising from product recalls or safety issues?In what type of situation would managers and employees want to use some form of alternative dispute resolution as mediation and arbitration as opposed to negotiation or litigation in the steel manufacturing industry?What strategies are important to use in the negotiation? Do you want to make the opening offer? Why or why not?
- what are the benefits to a company (and not employees) of the sharing economy? Provide examples and analyze the ethical issues for such a business.How can an organization effectively manage the transition from a sales-based business model to a lease-based business model, ensuring smooth contract negotiations, customer satisfaction, and sustainable revenue growth?Describe three ways of preparing for an effective negotiation
- Suppose you have to start business dealings with a company named “XYZ” how will you document the conditions both parties agreed or disagreed on and what are the considerations for such agreement?How do businesses handle disputes, such as contract disputes, employment disputes, and product liability claims, and what are the potential legal and financial consequences of these disputes?How does risk management factor into decision-making at various levels of an organization, and what strategies can be employed to mitigate risks while pursuing innovation and growth?
- Do managers and executives in hospitality and tourism organizations always have sufficient and reliable information to make decisions?Based on your research, discuss the type of roles that strategic humanresource management must play to assist an organisation to achievecompetitive advantage.Why is mediation, a valid, and often preferred method to resolve greviances ?