Reasons for a negotiation , Other Management

Assignment Help:

Reasons for a negotiation 

As we now aware that negotiation is a process, we will now learn the reasons for which the negotiation plays a crucial role.  

Detailed negotiations may not be warranted for standard products or services of low value and those which are widely available or have established standards. For such requirements, the competitive bidding process is invariably adequate. When issues other than just price and delivery time become important in a project, receiving and reviewing competitive bids will need to be followed up with competitive negotiations.  

The other issues may pertain to some of the following: 

  •   Quality of the deliverable  -  stage wise and final inspection of the deliverable before accepting the deliverable. 
  •   Technology support and assistance. 
  •   Mode of shipping/transportation and responsibility for the same.  
  •   Transit insurance, project insurance. 
  •   Non-performance penalties. 
  •   Protection of proprietary information. 
  •   Payment terms. 
  •   Warranties and performance guarantees. 
  •   Resolution mechanism for contract disputes. 
  •   Progress reporting methodology.  

Related Discussions:- Reasons for a negotiation

Three card system, The Three Card System: The Three Card System is a m...

The Three Card System: The Three Card System is a method introduced by Ranganathan. In this system three different cards of the size 5" X 3" are maintained for each periodical

Roles of government in the economic development of a country, Question 1: ...

Question 1: (a) What are the main roles of Government in the economic development of a country? (b) What are some of the emerging issues affecting the role of Government?

Perfect binding - library bindings, Perfect binding: The need to find ...

Perfect binding: The need to find a less expensive process for binding paperbacks led to the development of the 'perfect binding' - Considered as the most imperfect. This subs

Output of quality planning process, O utput of quality planning process ...

O utput of quality planning process Quality management plan is one of the major outputs of quality planning. It describes how the project management team will implement  the q

Case study - corporate level strategy, CASE STUDY - CORPORATE LEVEL STRATEG...

CASE STUDY - CORPORATE LEVEL STRATEGY Why would Procter and Gamble (P&G), a company with 300 brands, five billion customers in 140 countries, and more food and beverage paten

Evaluation of data, Evaluation of Data : The historical data  should b...

Evaluation of Data : The historical data  should be subjected  to  two  types  of  evaluation. External Criticism: Evaluation of data  is concerned with authenticity or g

Classification scheme - technical processing, Classification Scheme: A...

Classification Scheme: A scheme of classification is but a tool in the hands of the library to organise subjects and to serve them out in an efficient way. Therefore, it is ne

User registration, User Registration An obvious first step in any circ...

User Registration An obvious first step in any circulation system is to register the users or borrowers. This is a time consuming and somewhat expensive procedure but mandator

Explanation of public relations, Problem Explain the key tools availabl...

Problem Explain the key tools available to carry out the public relations function. Explanation of Public relations Developing Media Relations Launching Media Tours

Distinguish between form and function in language, Question 1 (a) Dist...

Question 1 (a) Distinguish between "form" and "function" in language. (b) Language functions in many different ways. Identify and discuss the functions of language in s

Write Your Message!

Captcha
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