Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Have you ever had to negotiate with a family member? A roommate? What was the outcome? When you negotiate, do you see it as a cooperative exercise or as a zero-sum gain? What role does ethics play in negotiation strategy?
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- obligation is a key feature in a psychological contract, How does it work in the organisation. or what is the importance of obligation in a psychological contract?arrow_forwardWhat is it called when negotiators make "bets", or take positions, based upon their differences in beliefs, forecasts, risk profiles, and interests. a) Divergent thinking b) Gambler's fallacy c) Contingent deals d) Overconfidence effectarrow_forwardThe informational source of power is considered the most important power in negotiation. Explain why negotiators prefer information over any other form of power in the negotiation process. Provide an example of how the power of information can be used in negotiation.arrow_forward
- What is the distributive bargaining approach to negotiation?arrow_forwardProvide examples of two U.S. based MNCs that have assigned expats to Japanese assignments. Please make sure one MNC had a failed expat experience and one was positive, with a list of differences to explain why one failed and one did not. This is for an essay with following prompt, but the teacher has stated we need to be very specific and cannot simply site 'cross cultural issues, spousal issues, social isoclation' etc as the answers. 'Research suggests that many expatriate employees encounter problems that limit both their effectiveness in a foreign posting and their contribution to the company when they return home. Critically examine the main causes and consequences of these problems and outline how a firm could reduce the occurrence of such problems'arrow_forwardWhat are some of the effects of status on the conduct of bargaining? What are some of the disadvantages of paying attention to secondary status characteristics in negotiation?arrow_forward
- What are the 5 main tactics for negotiation?arrow_forwardYour company had been shortlisted on tinder and you had been assigned as the lead negotiator, the buyer called your organization to start the negotiation, elaborate on pre-negotiation planning, and trade concessions, from the negotiation’s six processesarrow_forwardIf a manager thinks supply and demand won't be fair, what measures should the manager take to improve the chance of a match?arrow_forward
- What are three of similar negotiating styles and strategies of French negotiators and of Spanish negotiators?arrow_forwardEvaluate why power is important to negotiators, and how to best deal with negotiators who have more power.arrow_forwardShow how individual differences influence negotiations.arrow_forward
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