Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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What are the most important things to you during this negotiation process? In what ways would you be willing to settle with the offer? Is the salary acceptable to you? Are the benefits acceptable to you? If they are not, specify any item you feel you will negotiate for, how much or how many and why? In other words, what is your counteroffer? Be realistic as you are a fresh college graduate without experience
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- Read the passage that attached and answer the following questions. I am the SELLER in this situation. What strategies will you be using in the negotiation? Do you want to make the opening offer? Why or why not? What strategies do you expect to see from your counterparty? How will you prepare to meet those strategies? Given your scenario, what other information is important for you to keep in mind while negotiating?arrow_forwardWhen was a time in personal or professional life where a goal affected the negotiation process? What was the goal, and how did it influence the negotiation?arrow_forwardIf the seller has already sent a counteroffer to one prospective buyer and then receives another offer from a second prospective buyer that is even better: They are free to respond to the new offer from the second prospective buyer without withdrawing their counteroffer to the first prospective buyer. They should withdraw the counteroffer to the first prospective buyer before responding to the new offer from the second prospective buyer. They must tell the first prospective buyer about the new offer from the second prospective buyer and give the first prospective buyer an opportunity to match the new amount. They cannot do anything until they hear back from the first prospective buyer +arrow_forward
- Many negotiators do not think carefully about what they want before entering negotiations. One type of problematic negotiation behavior known as reactive devaluation refers to _____. Group of answer choices a negotiator who sets the target point too high and refuses to make any concessions a negotiator who overvalues the counterparty's offer a negotiator who does not know what he or she really wants other than not wanting what the other party is offering a negotiator who opens the negotiation by setting their target too lowarrow_forwardDescribe the difference between distributive bargaining and integrative negotiation. Which is the best style for a successful negotiation and why? Include a real-life example in your response. Your example could be one that you observed or experienced during your life or an original idea.arrow_forwardWhat are some of the questions a negotiator should ask when attempting to assess the win-win (integrative) potential of a negotiation situationarrow_forward
- What are some of the techniques for enhancing creative negotiation agreements?arrow_forwardWhy do business negotiations often avoid or ignore contingency contracts as options for creative agreements?arrow_forwardHi, please read the attachment and answer the questions below. I am the buyer in this negotiation. What strategies will you be using in the negotiation? Do you want to make the opening offer? Why or why not? What strategies do you expect to see from your counterparty? How will you prepare to meet those strategies? Given your scenario, what other information is important for you to keep in mind while negotiating?arrow_forward
- How do the parties to a negotiation demonstrate their willingness to compromise?arrow_forwardFourteen applicants for a city of Providence, Rhode Island, police academy training class each received from the city a letter stating that it was a "conditional offer of employment" subject to successful completion of medical and psychological exams. The 14 applicants passed the medical and psychological exams. However, these applicants were replaced by others after the city changed the selection criteria. Can you identify an offer and acceptance in this case? Can you make out a bilateral or unilateral contract? Why or why not? Provide a rationale or explain how you came to this conclusion. What is the moral of the case? Lessons Learned? Affects to the 14 applicants?arrow_forwardWhat are the important step in negotiation ?arrow_forward
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