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Mgt 445 Week 1 Individual Assignment Communication and Personality in Negotiation Paper

Satisfactory Essays

Abstract

Communication techniques are an important part of these skills. Communication is the most important aspect of negotiation. Communication is a dialogue in which each person explains his or her position and listens to what the other person is saying. During this exchange of views, proposals are made, and concessions explored. The reason for communication is for each party to gain something from the negotiations table. The consumer is looking for a bargain and the salesman is looking for a profit at the end of the negotiation. A major weakness of inexperienced negotiators in any cultural context is their inability to listen carefully to what the other person is saying. Their main concern is usually to present their case and …show more content…

A smart consumer realizes on tones of researching for sale prices, comparable prices and automatic or standard transmission, American, or foreign. Research will consume valuable time; however it gives the consumer knowledge of what type of prices to expect the different models of the car. When making a large purchase like a car the last thing a consumer wants to do is walk into the dealership un-prepared. A smart shopper will spend time looking into various cars and prices by doing research before make a purchase. The more information a consumer have when bargaining then negotiations will work out in a positive manner for any negotiator. Research will also provide the consumer with how well the car will depreciate value at a rapid pace. Research to purchase a car can be done in different methods, for example by phone, Internet, in person at the dealership or auto magazines and books.
The first conversation with the salesperson prepare to haggle and do not under estimate the salesperson in his or her ability to haggle a bit and use negotiation as a barging tool. Sales tactics is a part of a salesman ploy to make a profit along with the dealership during the purchase. The goal for the consumer is to walk away with a bargain and achieve a feeling of accomplishment. Before the overwhelming feeling of excitement overcomes the senses from the new car smell and the perfect ride the test drive offers. Continue to focus on all

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