Future interdepartmental negotiations

Assignment Help Accounting Basics
Reference no: EM13759859

1. Joe McDonald is the HR manager of ACME chemicals. His boss, Bill Jacobs, is concerned that the interactions between the various departments of the company are inconsistent and that there is too much competition between departments rather than cooperation. Bill has asked you about ways to improve the negotiations between business units. In your explanation to Bill, you need to explain the following: What are the three primary reasons that negotiations occur? What is the difference between bargaining and negotiation? Why must successful negotiations involve both tangible and intangible components? Do you think that ACME needs to pursue an integrative or a distributive approach to their future interdepartmental negotiations?

2. Define the term "conflict" and describe how it impacts the negotiation process. Your explanation should include the 4 levels of conflict and the dysfunctions that conflict can create. In your response, you need to also provide your opinion as to whether conflict is always a negative component in negotiations. If not, why?

3. Jack Johnson owns a 1998 Ford Mustang that he is looking to sell. He advertises in the Auto Trader. Mary Smith responds to his ad and expresses interest in purchasing the vehicle. Jack is asking $3500 for the car. Mary is looking to pay no more than $2500 for the vehicle. Would you describe this negotiation as a distributive or an integrative negotiation? Why? Jack has set $3500 as the price of his car but is willing to take $3000 for the vehicle. Anything under $3000 will not be accepted. Mary wants to pay $2500 for the car, but is willing to go up to $3000. Anything over $3000 will cause the deal to fail. Define and contrast the Walkaway Points, Target Points and Asking Price/Initial Offer of the parties. What are some of the strategies that could be used by each party to achieve the outcome they desire?

4. What makes an integrative negotiation different from a distributive negotiation? Define the key steps in the integrative negotiation process. How does establishment of a BATNA aid the parties in realizing their integrative outcome? (Define the term BATNA in your response). If a win-win outcome is beneficial to both parties, then why is it so difficult to achieve?

5. Often there are other parties to a negotiation that can add great complexity to the process. Define the following terms: Negotiating Dyad; Agent; Constituency; Bystander; Audience. What are some of the reasons that an individual might engage the services of an agent to represent him/her in a negotiation? (Discuss at least three) What are the three distinct relationships that an Agent has to maintain in the negotiation process?

6. Marie Smith is the head of Marketing for Jones Construction. Harry Brown is the on-site project manager for all major construction projects. Marie is interested in expanding the budget for general marketing activities. Harry wants these resources reserved for existing projects. Marie comes to you for advice on the key steps she should use in preparing for her negotiation with Harry. Discuss the 7 steps to an ideal negotiation process.

7. As Marie and Harry enter into their negotiations, their perceptions of each other will be an important component to the negotiation process. Define perception and the role it plays in the negotiation process. What are the four major perceptual errors that tend to occur? What does the term "framing" mean and how does it relate to the issue of perceptions? How can we counter these perceptual errors?

8. We have discussed the importance of communication in the negotiation process. We reviewed the concept of communication as a sender encoding a message to a receiver who decodes the message and then responds back to the sender - thus creating the feedback process important to every negotiation. What are the major sources of distortion that can interfere with communication? (Name and define at least 3) What are the three key questions we need to ask regarding communication in negotiations? What role does listening play in the communications process (Describe the 3 types of listening). What are some of the ways that a negotiator can improve his/her communication skills?

9. When we look at the complexities of the negotiation process, there are many situations where a negotiator might consider the use of questionable tactics to accomplish his/her goals. This brings up the important question of ethics in negotiation. Define the 4 types of ethical reasoning. Why do people use deceptive/ambiguous tactics in negotiation? What are some of the factors that shape a predisposition to the use of unethical tactics? How can we effectively respond to the use of unethical practices?

10. Barney and Marilyn have been married for six months. They engage in negotiations consistently as a way to improve their understanding of each other and to build a loving relationship. How does this "relationship" negotiation differ from the negotiation practices that we have discussed involving business relationships? Research has uncovered 4 fundamental types of relationship forms. Define and contrast them. Which of the four types represent the relationship between Barney and Marilyn? What are the three key elements necessary for managing negotiations within relationships? Which do you think is the most important? Why?

Reference no: EM13759859

Questions Cloud

Plant research plant : Treatments and cures,Medical evidence for efficacy: scientific studies and clinical trials
Comp. literacy quiz : Need answers in 6 hours, no excuses please. 90% will earn 5 star rating.
The role of federal agencies in fighting digital crime : The Role of Federal Agencies in Fighting Digital Crime, Discuss how the U.S. could align these efforts to better protect the nation against digital crimes and terrorism
What are the similarities between three liberal philosophers : What are the similarities and differences between the three liberal philosophers we have discussed so far, ie. Locke, Montesquieu and J.S. Mill? Discuss."
Future interdepartmental negotiations : What is the difference between bargaining and negotiation? Why must successful negotiations involve both tangible and intangible components? Do you think that ACME needs to pursue an integrative or a distributive approach to their future interde..
How is xuanzang changed by the journey to the west : How is Xuanzang changed by the journey to the west?
Write an essay on on social media. : Write an essay on on SOCIAL MEDIA.
Horizontal merger and a vertical merger : 1. When would it make sense to use a flexible budget as compared to a forecast budget? 2. Explain the difference between a horizontal merger and a vertical merger.
Affect buying and manufacturing decision : Discuss how scenario relates to producer and consumer surplus and how such surpluses, if any, affect buying and manufacturing decision

Reviews

Write a Review

Accounting Basics Questions & Answers

  Cpa ethical situations in us

What additional guidelines requirements are related to ethics are required to ensure consistency of CPAs across the nation? What are some examples of ethics violations?

  Diane ross has 20000 to invest today at 9 to pay a debt of

diane ross has 20000 to invest today at 9 to pay a debt of 47347. how many years will it take her to accumulate enough

  Current carrying value of unprofitable stores

Explain why Food Lion must write down the current carrying value of its unprofitable stores. Explain why the recent $9.5 million charge to write down these impaired assets is considered a noncash expense.

  Frontier sports sells hunting and fishing equipment and

frontier sports sells hunting and fishing equipment and provides guided hunting and fishing trips. frontier sports is

  A business is operating at 70 of capacity and is currently

a business is operating at 70 of capacity and is currently purchasing a part used in its manufacturing operations for

  The assets were sold for 260000 and the liabilities were

ariel mandy and tisha are partners in a tanning salon. the assets liabilities and capital balances as of july 1 2010

  Average property tax per unit

To the nearest whole cent, what should be the average property tax per unit at a sales volume of 41300 units? (Assume that this sales volume is within the relevant range.)

  External financing the newly established operations

discussion-external financing the newly established operations management team decided to seek outside assistance in

  You have a small tax accounting preparation and bookkeeping

you have a small tax accounting preparation and bookkeeping practice. a new client enters your office and places a box

  On january 6 2014 bulldog co purchased 34 of the

on january 6 2014 bulldog co. purchased 34 of the outstanding stock of gator co. for 212000. gator co. paid total

  Prepare a cost of production report

Prepare a cost of production report for the Sifting Dept for October, using average cost method.

  Units of production data for the two departments of

units of production data for the two departments of continental cable and wire company for april of the current fiscal

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