Develop negotiating strategy and tactics , Other Management

Assignment Help:

Develop negotiating strategy and tactics 

These are two dimensions of the negotiating process. They are: 

  1. Strategy:  It has a long term focus. It is a predetermined approach or a prepared plan of action to achieve a specific goal or objective to potentially find and make an agreement/contract in a negotiation with another party or parties. 
  2. Tactics:  It refers to the art or skill of employing available means to accomplish an objective or strategy. Tactics should support the strategy. Tactics can also be viewed as the detailed method employed by negotiators to gain advantage over other parties. Tactics should support the strategy.  

It is important to brief about the strategy and tactics to be used in the organisation to other personnel who are participating in the negotiations as well as those who are affected by the negotiations. Briefing prevents unwanted surprises during face-to-face negotiations. Holding a mock or simulated negotiation may also help substantially for a complex and competitive negotiation.  


Related Discussions:- Develop negotiating strategy and tactics

Keiretsu, Keiretsu This is a Corporate conglomerates whose members are ...

Keiretsu This is a Corporate conglomerates whose members are cooperate with each other for strategic purposes within the international business environment; a Japanese term.

Surveys and censuses, Surveys and Censuses   There are also organisatio...

Surveys and Censuses   There are also organisations which have been set up specifically to gather statistical information through censuses and surveys. This may be considered a

Identify the five rights of procurement, QUESTION 1 (a) Distinguish bet...

QUESTION 1 (a) Distinguish between conflicts of interest and bid rigging in public procurement (b) Explain the importance of a Code of Conduct in preventing corrupt practice

Disadvantages of ordering procedure, Disadvantages: When subscribed th...

Disadvantages: When subscribed through an agent, it will not be possible to correspond with the publishers regarding the missing issues of periodicals in the absence of detail

Explain briefly the meaning of energy management, Question 1: (a) Disc...

Question 1: (a) Discuss the use of the following fuels in the Mauritian context. Comment specifically on their impact on the economy and on the environment. i. Coal ii.

Explain sources of solid waste within a community, Question: (a) List ...

Question: (a) List and explain five sources of solid waste within a community. You are required to provide examples of the types of solid waste generated from each source.

Card filing work and catalogue updating work, Card Filing Work: After ...

Card Filing Work: After the Accession List is made the catalogue cards relating to the released documents  are ready for merging with the catalogue. In the case of the Classif

Human resources development (hrd), HUMAN RESOURCES DEVELOPMENT (HRD) T...

HUMAN RESOURCES DEVELOPMENT (HRD) The effective participation and quality performance of human•beings in the various activities of an organisation result in an HRD process whi

Personnel and tools - planning and organisation , Personnel: Technical...

Personnel: Technical processing work is, perhaps, the area in the whole library work where the highest degree of professional expertise is needed. Therefore, the technical dep

Total quality management , T otal  Quality Management (TQM) It ...

T otal  Quality Management (TQM) It is developed by W. Edwards Demming TQM is a series of business practices designed to monitor the quality of production throughout al

Write Your Message!

Captcha
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