Category: Negotiation

  • The ‘Ripe Moment’ in Securing Negotiations

    Introduction Conflict resolution employs several strategies that hasten an amicable end, but none is more important than identifying the most opportune moment to implement them. Crucially termed as the ripe time, this moment defines a vital step in a negotiation because both parties can readily recognize no other means to achieve a good end. Mediation…

  • Absentia Ltd.: Business Negotiation

    The upcoming negotiation process with Absentia Ltd. must not be equal or worse than Grouse’s offer. The latter company is offering of total present values equal to $17.5 to 19.5 million and the upfront $7.5 million in cash. Therefore, Grouse’s offer can be considered to be the best alternative to a negotiated agreement (BATNA) because…

  • Business Negotiation Group Assignment

    Having examined the situation thoroughly and analyzed the position of Rose at FML and my own position at NEL, I concluded that Rose has the following types of power over me: legitimate power – authority to demand obedience (Cellich, 2012. p. 81). Since she is a manager at FML, she is legally enabled to take…

  • Negotiations: Strategy and Tactics

    Outline Introduction. The nature of the negotiations in the world. Prenegotiation planning and differences. Strategy and tactics of distributive and integrative bargaining. Communication, bias, managing difficulties and individual approaches Applying leverage in negotiation. Conclusion. References. Introduction In a narrow sense, negotiations should be examined as one of the methods of alternative dispute settlements. However, in…

  • Negotiation and Dispute Resolution

    Table of Contents Introduction Market Analysis Alternative Negotiated Agreement Discussion Conclusion Works Cited Introduction The negotiation alternative for establishing the wine distributor between Yarra Wines Limited and Falcon Prestige Wine distributor will be based on the actual reality of the wine market and analysis of the wine distribution principles. The key aim of the alternative…

  • Importance of Negotiation Contracts in the Business

    Introduction Contracts enable the parties that are willing to cooperate to agree on and set a list of rules that will guide their collaboration. Written contracts may consist of different sections, including the preamble, definitions of terms, the words of agreement, and the duties that each side promises to fulfill. More than that, contracts may…

  • Effective Negotiations in Business

    Introduction Negotiations are one of the ways to resolve existing disputes that arise across different subject areas of business. For the most part, the concept of negotiation is closely linked to the notions of collaboration, settlement, and bargaining. Not only negotiations are a common element of business actions, but also a vital part of human…

  • Effective Workplace Negotiation Strategies & Skills

    Employees and Employers Knowing how to handle and relate to a supervisor is no less important than what requirements should be made to the subordinates. Without this, it is difficult to find a common language with both the boss and subordinates. Using these or those norms, an employee can attract a leader to his or…

  • Why Negotiations Fail

    Introduction Negotiations are an effective way of making a good bargain or at least reaching a compromise among stakeholders. They take place not only in global politics and economics but also in everyday life when, for example, a person negotiates future wages at a job interview or resolves a conflict with a spouse. However, negotiations…

  • Tiffany & Co. v. LVMH: Negotiation and Takeover

    Table of Contents Discussion of the Problem Parties to the Negotiation Tactics Used and their Results Challenges and Improvements References Discussion of the Problem The story of Tiffany & Co’s negotiation and takeover began back in October 2019. The companies officially signed the takeover agreement on November 24, which was supposed to be completed within…