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

Reasons for mergers and acquisitons, There are numerous reasons for a compa...

There are numerous reasons for a company to peruse M and A. Some of them are listed below: The M and A are undertaken to achieve specific financial, business and strategic

Public procurement management, A Public Body has conducted a bidding exe...

A Public Body has conducted a bidding exercise through the Restricted Bidding Method for the procurement of five PCs, five laser printers, two UPS and one scanner. Bidders were

How will ivrs revolutionize clinical trial process, Question 1: How wil...

Question 1: How will IVRS revolutionize clinical trial process? Describe IVRS system Brief explanation on IVRS system Explain the role and application of IVRS sys

Differentiate between formal teams and informal teams, Question 1 The t...

Question 1 The type, structure, and composition of individual teams vary within an organisation. a) Differentiate between formal teams and informal teams, using appropriate

Discuss, Question 1 : Language is much more than grammar and serves va...

Question 1 : Language is much more than grammar and serves various purposes in society. Justify this statement. Question 2: One of the definitions of language is a 'sy

Periodicals and serials - selection tools, Periodicals and Serials: Pr...

Periodicals and Serials: Primary periodicals constitute one  of the most indispensable categories of publications  in academic  research and special libraries. A substantial p

Output of quality assurance process, O u t put of quality assurance proc...

O u t put of quality assurance process The outputs of quality assurance process are: O rganisational process assets updates: elements of organisational process ass

How ethnocentrism affects intercultural communication, Intercultural commun...

Intercultural communication is the method of sending and receiving messages between people whose cultural background leads them to interpret verbal and non-verbal signs differently

Definitions of classification terminology, DEFINITIONS OF CLASSIFICATION TE...

DEFINITIONS OF CLASSIFICATION TERMINOLOGY: Most of the terms with definitions were used for the first time in the first edition of Prolegomena to Library Classification (1937)

Sustainable issues in Asia, What have been the traditional; strengths and w...

What have been the traditional; strengths and weaknesses for Asian countries in the pursuit of sustainable development and CSR policies?

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