Salt Harbor Exercise The Salt Harbor exercise was a real world negotiation exercise that added many factors into the decision making. In this exercise, Lukas and I were partners. Lukas was the buyer and I was the seller. In this negotiation, I had recently purchase some property that I wanted to build into a coffee shop. The neighbor, who is also the buyer, did not want me to build the coffee shop and instead wanted to purchase the property. Lukas stopped me from being able to build the coffee shop through legal channels. I was given the option to take my chances in court or attempt to tell the property to Lukas and open my coffee shop at another location. ------------------------------------------------- This exercise was …show more content…
My strategy to come out as even as possible from the exchange and in many ways, I think I ended up giving my opponent the upper hand when I failed to consider that Lukas might want the property even more than I want to get rid of it. My Mistake: My mistake came when I became anchored by the initial offer. When Lukas offered $100 as the initial offer, I thought he was indicating that his limit was really now. I never really imaged that he would offer me such a low value considering how high he authorize to pay for it. Obviously, had Lukas offered a much higher value, I would have most likely adjusted my numbers and strategy to reflect a much higher selling price. However, given his initial offer, I decided to stick with my strategy and attempt to get $165 out of him. My strategy worked to the exact specifications that I originally wanted. I get exactly my target and in many ways was successful in my negotiation. However, I failed to realize the value that the property had for Lucas and how much higher he would be willing to pay for it. I was anchored by his initial offer which subsequently affected my offers. At the same time, had I gone first, I believe a similar outcome would have emerged. I most likely would’ve offered 180 in the hopes of getting it down to 165. I believe the reason I was able to so easily achieve my target or what I wanted is because my price was
Nancy Drew Suders was hired March 1998 by the Pennsylvania State Police (PSP) as a police communications operator for the McConnellsburg barracks, where her three male supervisors subjected her to a "continuous barrage of sexual harassment." Suders said one of the supervisors Sergeant Eric D. Easton, talked to her repeatedly about sex with animals. The second, Corporal Eric B. Prendergast sat on her desk and made gestures simulating oral sex. The third, Patrol Corporal William D. Baker made obscene gestures as many as five or ten times a night. In June 1998, Suders spoke to PSP's Equal Employment Opportunities Officer, Virginia Smith-Elliot, and told her that she "might need some help." Two months later Suders contacted Smith-Elliot
The Attack upon Port Arthur is an excerpt from the book Human Bullets: A Soldier’s Story from the Russo-Japanese War written by Lt. Tadayoshi Sakurai, a veteran of the war, and the one who provides the first hand account of the siege found in the document. The Siege of Port Arthur is an important and decisive battle that took place during the Russo-Japanese war during 1904-1905, that was as the name implies, a conflict between Japan and Russia, that occurred in and around the Sea of Japan, The Yellow Sea and Manchuria. In his document the author gives an anecdotal account about his role as a Lieutenant in the Japanese Imperial Army during an assault on a fortified Russian Hill. The author goes into length and great detail of the heavy
1. The objective of the strategic analysis was to identify which products were world-class in terms of “competitive position and potential,” products which could become world-class, and products which have no hope of becoming world-class.
Christopher Simmons, who was seventeen years old, and two of his friends by the name of Charles Benjamin(fifteen years old) and John Tessmer (sixteen years old) had a detailed conversation about committing a murder. Christopher Simmons had a premeditated plan to which included, burglary (breaking and entering), robber and
Elaine Betts is addressing Mr. William McMurtrie about changes that might be necessary for the survival of Dana Hall. This imaginary dialogue is based on a case study titled Dana Hall: Funding Mission article by McFarlan, Leonard & Tritter, 2006.
The settlement for this negotiated simulation was well thought out and strategically planned; however, in hindsight the settlement could have been different with complete information exposed. One of the biggest determining factors in the outcome of the settlement was who made the first opening position. In this simulation, the opening position to provide financial compensation to the cities was instigated by Euro Mouse. If Euro Mouse had let either of the cities make an opening offer first, they might have negotiated a much smaller number to pay out financial compensation to the cities. Despite this situation in the simulation, we quickly identified the bargaining zone and both Euro Mouse and the cities were able to negotiate an adequate settlement
December 7th, 1941, was the day 2,403 Americans lost their lives and 1,200 wounded during the Japanese air raid, on Pearl Harbor. On this day, the US Navy lost almost the entire Pacific Fleet in the harbor. After the attack, all the ships were either sunk or severally damaged minus the aircraft carriers. The aircraft carriers luckily were still at sea. The total number of military personnel killed was 2,335, including 2,008 navy personnel, 109 marines, and 218 army. Added to this were 68 civilians, making the total 2403 people dead. 1,177 men alone were from the USS Arizona.
However, Candace was very skilled and duplicitous during the negotiation. While at no point did Candace lie to me. She did make the full entirety of Absentia’s plans for the property. It was later revealed to me, after the formal negotiation, that Absentia planned to develop a high-rise hotel directly behind the Bullard House. This is completely unacceptable to my constituents, however, the deal was already agreed upon by the time I was informed. Candace used the questionable negotiation strategy of deception to ensure she received a favorable deal. She knowingly withheld information that would have impact the terms of our deal. For her, the deal was a success. However, I am left feeling mislead. When I would question her about the types of commercial development that her constitutes sought to pursue, she would make vague references to tasteful additions within the property. The lack of effective question is a failure of mine. I should have begun to ask probing questions, as Lewicki suggests, when I realized that she was not fully disclosing information. Instead I allowed the ambiguous answers to be the basis of my decision
2,403 dead and 1,177 wounded. December 7, 1941 at approximately 8 a.m. the world’s history changed forever (History.com). The Japanese Navy launched an attack on the U.S. Naval Base at Pearl Harbor. These calamitous events that occurred at Pearl Harbor will never be forgotten. President Roosevelt stated that Pearl Harbor will be “A date which will live in infamy”.
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.
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
Case 1 Bert owned an early historic speed boat which he decided to sell for $50,000. Bert told his friend James and James said he was very interested and would Bert give James the first right to buy the speed boat. Bert agreed to do so. After a few weeks Bert asked James if he still wanted to buy the speed boat. James said he was seriously thinking about it. Bert told James he was going to advertise the speed boat "for sale at $60,000 or near offer" on the Historic Speed Boat Club's notice board. In response to the advertisement in the club Bert received a telephone call from Alphonse. Bert told Alphonse the speed boat was for sale "But someone has right of first refusal." Alphonse then expressed surprise and asked Bert if he was selling or not. Bert said he was selling the speed boat for $60,000 or near offer and invited Alphonse to call and inspect the boat. Alphonse called on Bert and after inspecting the boat offered Bert $50,000 for it. Bert said he would have to speak to James before accepting. Alphonse then said he would pay Bert the asking price of $60,000. Bert told Alphonse to wait a minute and Bert went into his office and rang James telling him what Alphonse had said. James said he would buy the boat for $50,000 as originally agreed. Bert said to James "I suppose I have to sell the boat for $50,000 to you". Bert then told Alphonse about the conversation with James.
The government of the Massachusetts Bay Colony was simultaneously theocratic, democratic, oligarchic, and authoritarian in different ways. The Puritans founded the Massachusetts Bay Colony in 1628 and wanted a well-established government, but they ended up mixing all of these together. This colony was important because it was one of the first provincial and true governments to be introduced into the colonies. It also provided an example to other colonies to base their governments on.
5) How would you have done this negotiation differently? Please cite Negotiations best practices that you would
Jerry comes across the advert, rings Ronan and says, “I’ve seen your car and I accept your offer of £1200.” Ronan knows Jerry wants the car at the asking price of £1200. Jerry, has verbally made an offer to Ronan, and the offer has been communicated to the offeree. The offeree must know of the offer, although it must be certain of the communication of acceptance from Ronan.