Week 4 Business Negotiations
Discussion: Is Due Friday, February 20, 2015 IN YOUR OWN WORDS!!!
Goals in Negotiation
Consider the four aspects of how goals affect negotiation. Provide an example of a negotiating experience where one of these aspects directly impacted the strategy you chose to pursue during a negotiation. Alternatively, provide an example of a time where setting a goal would have helped you to achieve your desired outcome.
Week 4 Assignment
Due: Sunday, February 22, 2015
Case Study
Consider the following scenario and answer the questions (taken from Table 4.2) below.
You are a manager of a large retail outlet and have been employed with the organization for four years. The retail outlet employees approximately one hundred employees and has a number of management roles (Several Assistant Managers, several Managers, two Senior Manager, and a Director). For the last two years, you have been an Assistant Manager and have received what would be considered fair compensation for your role.
Over the last year, you have been asked to take on many of the responsibilities of a Manager, as one of the Senior Managers left the company and your Manager has essentially taken on that role. Your additional duties have caused you some stress and you would like to ask for either a promotion to a management position or, at minimum, additional compensation. You’ve previously expressed your frustrations to your Manager, but have been told that the company simply doesn’t have the ability to make any changes at this time. You have decided to approach your Manager again and ask for a meeting with the management team to discuss your future with the company.
Although you would prefer to take the promotion along with an accompanying pay raise, you are willing to accept a modest pay raise. If neither is agreed to, you have decided to begin looking for work at another organization. A friend of yours has let you know that she would be interested in talking with you about the possibility of taking a management position with her organization. Because of your time with your current company, you would prefer to stay there if possible. As you are a very shrewd negotiator, you have decided to use the Negotiation Planning Guide (Table 4.2) on Page 98 of your text.
Additional information that is useful in answering this question: 1. Your current salary is $44,000 per year. 2. The average salary for a Manager is $54,000 per year and also includes an additional week of Paid Time Off.
In a three to five page paper, answer the following questions, incorporating concepts and key terms from your text:
1. What are the issues in the upcoming negotiation?
2. Based on a review of all the issues, what is the “bargaining mix”? (Which issues do you need to cover? Which issues are connected to the other issues?)
3. What are your interests?
4. What is your resistance point – what is your walkaway?
5. What is your alternative?
6. Define your targets and asking price – where will you start and what are your goals?
7. Who are your constituents and what do they want you to do?
8. Who are the opposing negotiators and what do they want?
9. What overall strategy do you want to select?
10. What protocol needs to be followed in conducting the negotiation?
Week 4 Assessment
Due: Monday, February 23, 2015 (Morning)
Top of Form
Question 1
1. Which perspective can be used to understand different aspects of negotiation?
Economics
Psychology
Anthropology
Law
All of the perspectives can be used to understand different aspects of negotiation.
Question 2
1. To most people the words "bargaining" and "negotiation" are
mutually exclusive.
interchangeable.
not related.
interdependent.
Question 3
1. A situation in which solutions exist so that both parties are trying to find a mutually acceptable solution to a complex conflict is known as which of the following?
Mutual gains
Win-lose
Zero-sum
Win-win
Question 4
1. Which is not a characteristic of a negotiation or bargaining situation?
Conflict between parties
Two or more parties involved
An established set of rules
A voluntary process
Question 5
1. Tangible factors
include the price or terms of agreement.
are psychological motivations that influence the negotiations.
include the need to look good in negotiations.
cannot be measured in quantifiable terms.
Question 6
1. Which of the following is not an intangible factor in a negotiation?
The need to look good
The need to arrive at the final agreed price on a contract
The need to defend an important principle
The need to win
Question 7
1. Interdependent parties' relationships are characterized by
interlocking goals.
solitary decision making.
established procedures.
rigid structures.
Question 8
1. A commitment
should not be interpreted as a threat.
postpones the threat of future action.
is designed to increase both parties' choices to a portfolio of options.
removes ambiguity about the actor's intended course of action.
Question 9
1. A commitment statement should have
a low degree of finality.
a high degree of specificity.
an indefinite statement of consequences.
a high degree of emotionality.
Question 10
1. Negotiators who make threats
are perceived as more powerful than negotiators who do not use threats.
receive higher outcomes than negotiators who do not use threats.
are perceived as more cooperative in distributive negotiations.
should use detailed, complex statements of demands, conditions and consequences.
Question 11
1. To prevent the other party from establishing a committed position, a negotiator could
give them the opportunity to evaluate the matter fully.
acknowledge the other's commitment.
reiterate the commitment.
make a joke about the commitment.
Question 12
1. Hardball tactics are designed to
be used primarily against powerful negotiators.
clarify the user's adherence to a distributive bargaining approach.
pressure targeted parties to do things they would not otherwise do.
eliminate risk for the person using the tactic.
Question 13
1. Aggressive behavior tactics include
the relentless push for further concessions.
asking for the best offer early in negotiations.
asking the other party to explain and justify their proposals item by item.
Aggressive behavior tactics include all of these
Question 14
1. Substantive interests
are the interests that relate to the focal issues under negotiation.
are related to the way we settle the dispute.
mean that one or both parties value their relationship with each other and do not want to take actions that will damage the relationship.
regard what is fair, what is right, what is acceptable, what is ethical, or what has been done in the past and should be done in the future.
Question 15
1. Which of the following statements about interests is true?
There is only one type of interest in a dispute.
Parties are always in agreement about the type of interests at stake.
Interests are often based in more deeply rooted human needs or values.
Interests do not change during the course of an integrative negotiation.
Question 16
1. Successful logrolling requires
that the parties establish more than one issue in conflict and then agree to trade off among these issues so one party achieves a highly preferred outcome on the first issue and the other person achieves a highly preferred outcome on the second issue.
no additional information about the other party than his/her interests, and assumes that simply enlarging the resources will solve the problem.
that one party is allowed to obtain his/her objectives and he/she then "pays off" the other party for accommodating his/her interests.
a fundamental reformulation of the problem such that the parties are disclosing sufficient information to discover their interests and needs and then inventing options that will satisfy both parties' needs.
Question 17
1. What approach can parties use to generate alternative solutions by redefining the problem or problem set?
Brainstorming
Logrolling
Surveys
Nonspecific compensation
Question 18
1. In nonspecific compensation
resources are added in such a way that both sides can achieve their objectives.
one party achieves his/her objectives and the other's costs are minimized if he/she agrees to go along.
the parties are able to invent new options that meet each sides' needs.
one person is allowed to obtain his/her objectives and "pay off" the other person for accommodating his interests.
Question 19
1. What questions can be asked to facilitate nonspecific compensation?
What are the other party's goals and values?
How can both parties get what they are demanding?
What issues are of higher and lower priority to me?
What risks and costs does my proposal create for the other?
Question 20
1. Accommodative strategies emphasize:
Subordinating one's own goals in favor of those of others.
Secrecy and defensiveness.
Abandonment of bad images and consideration of ideas based on merit.
A key attitude of "I win; you lose".
Question 21
1. Getting to know the other party and understanding similarities and differences represents what key step in the negotiation process:
preparation
information gathering
relationship building
information using
Question 22
1. Which is not a key step to an ideal negotiation process?
Preparation
Relationship Building
Information Gathering
All of these are key steps
Question 23
1. What is the dominant force for success in negotiation?
A distributive vs. integrative strategy
The planning that takes place prior to the dialogue
The discussions that precede planning sessions
The tactics selected in support of strategic goals
Question 24
1. Effective planning requires hard work on the following points:
Defining the issues
Defining the bargaining limit
Defining interests
All of these
Question 25
1. Interests can be:
substantive, directly related to the focal issues under negotiation
process based, related to the manner in which we settle this dispute
relationship based, tied to the current or desired future relationship between the parties
all of these
Human Resource
Week 4
Discussion: Is due Friday, February 20, 2015. Please put in your own words.
Cultural Training
Imagine that your organization has asked you to move to another country and perform a job that is critical to the success of the organization. Note: You will be given the opportunity to take your family with you on this assignment.
For this discussion forum,
1. Select a country where you could perform a foreign work assignment.
2. Explain and discuss why it is critical for employees (and their families) to have cultural training before embarking on an overseas assignment.
3. Also discuss the specific cultural training you (and your family) would need in order to work in the country you chose to write about. What risks would their be to your family and to your organization if this training was not provided by the organization
Assignment: Is due Sunday, February 22, 2015
· Costs are a consideration of every organization and in economically difficult times many managers may want to cut the "training budget" to save costs. I'm sure that you've heard that training is always the first to go in tough times, but is that really the smartest business strategy to employ?
Write a 1000 word (minimum) APA formatted paper taking one side of this issue.
Should:
· Training should be cut in tough times
or
· Training should be increased during tough times
- APA formatted
- Title sheet
- References page
- 2-3 references (not Wikipedia). You may use the textbook for a reference, but will not count towards the 2-3 minimum.
- Only the body of the paper will count toward the word requirement. Please write in 3rd person.
Week 4 Assessment
Due: February 23, 2015
Question 1
1. Contrast and describe the differences between the external and internal dimensions of a career. Which do you believe is more relevant in determining an employee's work behavior?
Question 2
1. How can a socialization process benefit an organization and the employee?
Question 3
1. What are the five traditional career stages? Which of the five traditional career stages is probably least relevant to HRM? Defend your position.
Question 4
1. Describe the role HRM plays in orientation.
Question 5
1. What kinds of signals can warn a manager that employee training may be necessary?
Bottom of Form
S
ave and Submit
1
_2446133_1
_2446133_1
Applied Sciences
Architecture and Design
Biology
Business & Finance
Chemistry
Computer Science
Geography
Geology
Education
Engineering
English
Environmental science
Spanish
Government
History
Human Resource Management
Information Systems
Law
Literature
Mathematics
Nursing
Physics
Political Science
Psychology
Reading
Science
Social Science
Home
Blog
Archive
Contact
google+twitterfacebook
Copyright © 2019 HomeworkMarket.com