Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Question
Chapter 9, Problem 11P
Summary Introduction
Interpretation: There needs to be discussion on favored type of negotiation that is mostly used.
Concept Introduction: Negotiation is a process that is used by two parties to settle their differences and agree on a common point.
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Students have asked these similar questions
The process of negotiation between buyer and supplier inevitably raises some ethical tensions, given that the situation is often characterized as one of the two combatants coming together to do battle. Explain any five popular negotiating tactics, all of which can be challenged on ethical grounds.
A salesperson starts calling up and inviting customers walking in the Mall to get inside his/her boutique and offer them smashing prices in certain commodities, however customers find out later after buying those commodities that they are expired and didn’t achieve its purpose. The negotiation process here is identified as ……………………
A- Win Win
B- Win Lose
C- Lose Win
D- Lose Lose
When is the buyer required to pay their initial deposit? Select one of the following Within the first 5 business days after exchanging contracts At the time of exchanging contracts Before the exchange of contracts At the end of the cooling off period
Chapter 9 Solutions
Practical Operations Management
Ch. 9 - Prob. 1DQCh. 9 - Prob. 2DQCh. 9 - Prob. 3DQCh. 9 - Prob. 4DQCh. 9 - Prob. 1PCh. 9 - Prob. 2PCh. 9 - Prob. 3PCh. 9 - Prob. 4PCh. 9 - Prob. 5PCh. 9 - Prob. 6P
Ch. 9 - Prob. 7PCh. 9 - Prob. 8PCh. 9 - Prob. 9PCh. 9 - Prob. 10PCh. 9 - Prob. 11PCh. 9 - Prob. 12PCh. 9 - Prob. 13PCh. 9 - Prob. 14PCh. 9 - Prob. 15PCh. 9 - Prob. 16PCh. 9 - Prob. 17PCh. 9 - Prob. 18PCh. 9 - Prob. 19PCh. 9 - Prob. 20PCh. 9 - Prob. 21PCh. 9 - Prob. 22PCh. 9 - Prob. 23PCh. 9 - Prob. 24PCh. 9 - Prob. 1.1QCh. 9 - Prob. 1.2QCh. 9 - Prob. 1.3QCh. 9 - Prob. 2.1QCh. 9 - Prob. 2.2QCh. 9 - Prob. 2.3QCh. 9 - Prob. 2.4QCh. 9 - Prob. 2.5QCh. 9 - Prob. 3.1QCh. 9 - Prob. 3.2QCh. 9 - Prob. 3.3Q
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Similar questions
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- Which of the following statements about supply chain coordination contracts is TRUE? A A risk-averse business owner should enter a revenue-sharing rather than a buy-back contract. B The supplier faces increased overhead costs in a revenue-sharing contract. C Products with a short peak demand period should enter a buy-back contract rather than a revenue-sharing contract. D Buy-back contracts usually work more efficiently than revenue-sharing contracts.arrow_forwardImagine that you are a manager in a commercial printing company, and you have founda good deal on the ink that your company uses most frequently from a supplier inJapan.• Using the materials from this week’s reading as well as the supplementalresources, consider what shipping terms you should insist be in the contract inorder to limit the risk of loss for your company.• Using the attached Memo template, draft an interoffice memo to the owner of thecompany describing at least three shipping terms you would want to be includedin the contract.arrow_forwardSuppose you sign a contract with a supplier for $50,000 worth of tablet computers. You tell the supplier that you are only authorized to sign contracts for $40,000 without approval from the supply manager of your company, but the supplier agrees anyway. A few days later, because of budget cutbacks you find out that you only need $30,000 worth of tablet computers. How many dollars of tablet computers are you legally bound to purchase from the supplier?arrow_forward
- what are the main type of contracts if you decide to outsource ? what are the advantages and disadvantages of each?arrow_forwardYou are the product manager of a confectionery company that includes small plastic toys with its chocolate sweets. Having met a potential Thai manufacturer of these toys at a trade fair in Europe, you now visit the company in the north-eastern part of Thailand to finalize a two-year supply contract. Arriving there and talking to the sales manager, you are able to arrange a deal that supplies you with the toys at a third of the cost currently charged by your Portuguese supplier, but with equivalent quality and supply arrangements. In order to check the reliability of the manufacturing process you ask the manager to show you around the place. You are surprised to find out that there is no real workshop on the premises. Rather, the production process is organized such that at 6am about 30 men line up at the company’s gate, load large boxes with toy components on their little carts or motor-scooters and take the material to their homes. Your prospective supplier then takes you to one of…arrow_forwardYou are the product manager of a confectionery company that includes small plastic toys with its chocolate sweets. Having met a potential Thai manufacturer of these toys at a trade fair in Europe, you now visit the company in the north-eastern part of Thailand to finalize a two-year supply contract. Arriving there and talking to the sales manager, you are able to arrange a deal that supplies you with the toys at a third of the cost currently charged by your Portuguese supplier, but with equivalent quality and supply arrangements. In order to check the reliability of the manufacturing process you ask the manager to show you around the place. You are surprised to find out that there is no real workshop on the premises. Rather, the production process is organized such that at 6am about 30 men line up at the company’s gate, load large boxes with toy components on their little carts or motor-scooters and take the material to their homes. Your prospective supplier then takes you to one of…arrow_forward
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