Reference no: EM131338050
Assignment Choices: 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
Your answers to the eight elements can be written in a numbered list; however, your letter should be written in complete sentences and appropriate business letter format. The letter should be 1-2 pages in length and should be structured formally following the CSU-Global Guide to Writing and APA Requirements.
What is the velocity of the probe relative to the earth
: A spacecraft that moves away from the earth with a speed of 0.800c and fires a space probe in the direction of its movement with a speed of 0.650c. What is the velocity of the probe relative to the earth?
|
Identify appropriate methods and measures or techniques
: Identify appropriate methods, measures or techniques which you consider are necessary for the security of telepresence systems.
|
How many shares are outstanding and issued
: The authorized share capital of the Alfred Cake Company is 100,000 shares. The equity is currently shown in the company’s books as follows: How many shares are issued? How many shares are outstanding? How many more shares can be issued without the ap..
|
Level versus a chase strategy to meet the increased demand
: Provide a detailed cost breakdown for using a level vs. a chase strategy to meet the increased demand.- Which strategy do you recommend?- How much savings would result from the plan you recommend?
|
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:
|
Assume that the current yield to maturity on the bond
: Compute the price of a $5,000 par value bond with a coupon rate of 7.75% (semi-annual payments) and 20 years remaining to maturity. Assume that the current yield to maturity on the bond is 8.60%. What is the yield to maturity of a $1,000 par value bo..
|
Describe how the brands are alike and how they differ
: Is Harley-Davidson, Inc., (H-D) competing in the right businesses, given the opportunities and threats present in the external environment? How the brands are alike and how they differ.
|
They convey-relay-interpret-visualize-support and contradict
: Graphs are important, and not just for economics. They convey, relay, interpret, visualize, support and contradict, explain and explain away many of the things we come across in our daily lives - both personally and professionally. Take three (3) gra..
|
Was anything unclear or confusing to you
: What are the main points of this reading (focus on concepts, ideas, and theme, not on individual facts)? ( Main idea, supporting details)Was anything unclear or confusing to you?What was new to you, and did it change the way you think about or perce..
|