Negotiation and conflict resolution

Assignment Help Business Management
Reference no: EM132566214

Negotiation and Conflict Resolution

One thing to notice with Distributive Bargaining is that both parties want to maximize their share of the resources. It's competitive; distributive bargaining is basically a competition over who is going to get the most of a limited resource.

The example the book uses is on condo purchasing/selling; but while you are reading the chapter you could think of other examples where the strategies and tactics are the same; for example car buying.

Create a thread where you answer the following questions:

1. Why is managing the other party's impressions important? What tactics can be used to do this? Which tactic do you think is most effective and why? (If you have had any of these tactics used on you or if you have used them yourself, feel free to expand on those examples)

2. 5 tactics for closing the deal.

- The Assumptive Close

- The Reverse Close

- The Time-Sensitive Close

- The Direct-Question Close

- The Direct-Statement Close

Give a separate example for each of these regarding when it would be best to use each of these tactics when closing a deal (think outside the box, it does not always have to be during a sale/purchase)

3. Finally, which of the "Typical Hardball Tactics" do you think is the most effective and why?

Reference no: EM132566214

Questions Cloud

What would be the expected returns on each stock : What would be the expected returns on each stock? (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.)
Calculate issue additional common stock : If corporate tax bracket is 30 percent, by analyzing the above costs, which is the best source the company should choose and why?
Do you believe a drug test is invasion of privacy : Discuss the benefits to the prospective employee for undergoing testing as a part of the hiring process. Do you believe a drug test is an invasion of privacy?
What is the company wacc : What is the company's WACC? Enter the answer with 4 decimals (e.g. 0.2345)
Negotiation and conflict resolution : Why is managing the other party's impressions important? What tactics can be used to do this? Which tactic do you think is most effective and why?
Determine the proper inventory price per unit : Determine the proper inventory price per unit in the following independent cases by applying the lower of cost or net realizable value rule (NRV).
What are key factors for competitive success : What are the key factors for competitive success and why? Planning and Managerial Application. why is Profit-cost-volume important in planning?
How different or similar are your political views : How different or similar are your political views from those of your parents - Explain your answer, using specific policy areas as examples
How money markets provide investors with opportunities : How Money markets provide investors with opportunities for? Low-risk and liquid short-term investments/ Risk-free investments at any maturity

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd