Negotiation Exercise Essay

Negotiations are a part of daily life whether we are aware of them occurring or not. In everything that we do there are preferred end results and the end results are likely to affect more than one person. The goal in this however, is to ensure that all parties are equally benefited from the actions and reactions that occur to create that end result. While some dealings are done in a more subtle manner without a great deal of negotiation per say there are other situations that would warrant more vocalized mutually acceptable compromises. The purpose of this paper will be to effectively explain a situation of which required negotiation on the part of both parties that almost all of us have endured and that would be the process of buying a

Negotiation and Conflict Application Paper I immigrated to the United States 15 years ago in pursuit of higher education and a successful career. I discovered that I had to significantly readjust the habits engrained in me from childhood through interacting with new people and dealing with conflicts. My traditional and conservative upbringing in India provided a sheltered environment and programmed me into listening and obeying elders and avoiding conflict at all costs. It was my belief that any conflict big or small with the close ones would cause a strain in the relationships. Thus, I often avoided conflicts and accommodated the wishes of others at the cost of my own. I considered this

Negotiation occurs on a regular basis in a daily life and individuals negotiate in business occasions or outside of the workplace. Having superior negotiation skills is conductive to the success in personal life and career development. This essay will indicate that my natural preferences for different influencing tactics, comparisons between theory and practice, and a personal action plan to improve negotiation skills based on the role-play activity in my class.

For the Texoil negotiation, I was in the role of the Service Station Owner. As such, my main objective was to sell the station and get the best possible agreement. My BATNA was $400,000, which represented an offer from British Petroleum and my resistance point was $413,000 after tax, which represented the cost of my trip. My target was $488,000, which included an additional $75,000 to help tie me over until I found a job upon my return. This resistance point represents a purely financial alternative. However, there were several other criteria or interests other than strictly financial which could have been satisfied through non-financial means. My underlying interest or reason for selling the station was

There were several factors that culminated into the ultimate inability to reach an agreement. Firstly, was the differing priorities of both parties , while I was focused on reaching a deal and considered an impasse to be a ''failure'' , the other party was more focused on money and all the benefits offered '' paled in comparison'' as mentioned by the owner compared to the money foregone. Secondly, the owner seemed to want the property independently valued and then sell at this price. Knowing that the valuation was more than I could offer, I could not agree to this and this

The Situation: I am trying to sell my 1998 Volkswagen Jetta GL so that I can put a down payment on a new Subaru I have already agreed to buy. In fact, I am supposed to go and pick up the new Subaru tomorrow morning. If I am unable to sell my Jetta by tomorrow, I will have to borrow the money for my down payment at prime plus 5% interest. Needless to say, I would like to sell the Jetta today for no less than $4,700, which is what I need to put a down payment on the Subaru. If I am unable to sell to the party I am negotiating with, the Subaru dealer said he would buy it for $4,400, but I think I can get more than that.

In this negotiation exercise, I was assigned as the Seaborne Governor’s negotiator as part of a six member party meeting to negotiate a deal with Harborco to build and operate a deepwater port off the coast of Seaborne. The Governor on the whole was very interested in seeing this deepwater port built in Seaborne as she believes that the size of the project would provide the stimulus for a dramatic recovery in the state.

Being a member of the Local 5000 in this whole project I could point out numerous things that make the employees at Auto Products Corporation want things better. There seems to be issues at the Indianapolis plant concerning overtime, premium pay, and even subcontracting instead of using their own employees to do the work. What I have also gotten from this mock negotiation is that in the past, the union and management have been satisfactory. Different viewpoints:

Negotiation is one important part of both the professional and personal life in our everyday situations. It is critical for people to resolve disputes, distribute limited resources, and/or create something new that neither party could achieve on his or her own. Negotiations can range from coordinating project timelines with clients to asking for a raise to discussing holiday plans with family members.

From your experience with retail returns, what are the goals of the negotiation from the perspective of each party? What are Sara’s goals and objectives in her role as a returns employee? What are the goals and objectives of the customers that she meets in the returns department? Why are they different?

In any negotiation, preparation is crucial; and having a set, outlined process to follow when preparing helps mitigate a potential oversight of any significant issues within the negotiation. Following a set process also helps one stay on task and in-line with what the important issues and factors are in a negotiation. In Bargaining for Advantage, G. Richard Shell provides a well-structured framework to follow in planning for a negotiation. For this reason, I used Shell’s negotiation preparation framework to plan for the negotiation between Rapid Printing Company (Rapid) and Scott Computers, Inc (Scott).

I used this setback in our transaction as an opportunity to signal a change in our BATNA. In a conversation with Rong regarding the buyers concerns she asked if I would adjust the property’s sales price. I told her in order for this transaction to move forward she needed to help her buyers move away from assertions back to fact-based statements. I explained to her that unless her buyers could produce evidence of damage to the property I wasn’t prepared to make concessions in excess of a reasonable credit for wear and tear. I expressed my desire to see the sale move forward and but in an effort to signal a change in BATNA told Rong

Negotiating is a practice that allows for two sides to reach common ground and agree upon a specific settlement or transaction. During this at times complicated process, the bargaining sides develop a measure together to move forward in their business process. As a lead negotiator of a small firm, the research and analysis of the sought after contract has to be thoroughly conveyed to the U.S. Government. The small business’s negotiating team should be very familiar with the federal negotiating team and all that the federal government is expecting from the product they desire. As there are hundreds of competitors out there, it is safe to assume that there are multiple products out there. However, the negotiating firm of the small business must use different negotiating gambits and pay particular attention to the body language and examine the language used during the entire process.

Usually when an institution moves towards adopting eBooks, a single publisher provides the institution with all of the materials and eBooks (Ye, 2015). Moving to a resource fee rather than a fee for each textbook, the resource fee would make the students have to by an electronic textbook without an option to purchase a printed textbook (Ye, 2015).

In this negotiation simulation, my role is the buyer.The final price the seller gave me is £7500, but my expected price is £7000. Even so I have not been able to reach my expected price but I did not beyond my highest limit £8000.Before the negotiation I have done some preparation work which is helpful for later negotiation. At first I checked the secondhand car market online to know more about the price of another sellers so that I can give a competitive price in the simulation. Then I have calculated the cost I have to pay, in order to buy this used car, and then deduct it in expected price,so I know at what price I buy it that I will not loss. However, what I did wrong may only focus on the price of