Reference no: EM13849209
Assignment: Maintaining Long-Term Professional Relationships
One of the most important aspects of negotiating with someone or a business that you have a long-term and on-going relationship with is maintaining that relationship post-negotiation. Consider the following negotiation:
You are the project manager for a manufacturing company. You have a long-term relationship with a supplier that provides your company with computer chips for your product. There have never been any previous issues, and you and the supplier have had a great relationship. However, with the last shipment, there were defects in 25% of the chips. You need to discuss this issue with the supplier and determine the best solution. Your main concern is not ruining the relationship, but the defects are costly for your organization.
Based on this scenario, brainstorm your answers for the following areas:
Goals
Trades
Alternatives
Relationship
Expected outcome
Consequences of winning or losing
Power
Possible solutions
After completing the eight areas, prepare a letter to the supplier's president. Consider the elements above in the letter. Your letter should contain the following:
Current issue
Your suggestion for solving this issue
The outcome you would like to see
Time frame
Suggest your alternatives and solutions
|
About australian exchange rate
: Using Demand and Supply model of exchange rate determination briefly explain how AUD is determined in the forex market, and what factors influence its fluctuations.
|
|
Assume the company maintains its current operating capacity
: Lloyd and Harry Limo Service, Co. is currently operating at 92% of fixed asset capacity. Fixed assets on the balance sheet are $593,000. Current sales are $640,000, and are projected to grow to $792,000. How many in new fixed assets are required to s..
|
|
What was total long-term debt and total liabilities
: At year-end 2015, Wallace Landscaping’s total assets were $1.9 million and its accounts payable were $390,000. Sales, which in 2015 were $2.1 million, are expected to increase by 20% in 2016. What was Wallace's total long-term debt in 2015? How much ..
|
|
What were some of the industry factors
: Your research should lead to answers to the following questions. What were some of the challenges that RIM faced to protect its intellectual property, and how did RIM handle those challenges? What were some of the industry factors that influenced..
|
|
Maintaining long-term professional relationships
: Assignment: Maintaining Long-Term Professional Relationships. One of the most important aspects of negotiating with someone or a business that you have a long-term and on-going relationship with is maintaining that relationship post-negotiation
|
|
An interface between hardware and applications
: The operating system serves as an interface between hardware and applications. It abstracts the details related to CPU scheduling, memory management, and responding to hardware interrupts during input and output. Create a diagram that associates hard..
|
|
Calculate the monopolists profit
: Calculate the monopolist's profit.
|
|
Briefly define the terms reputation
: Briefly define the terms reputation, trust and justice as they relate to negotiations, and how these terms affect the negotiation process. In addition, discuss the importance of maintaining the relationship after the negotiation
|
|
Bob bought some land costing
: Bob bought some land costing $16,190. Today, that same land is valued at $46,417. How long has Bob owned this land if the price of land has been increasing at 4 percent per year?
|