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

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?

Comparison of cobit 4.1 and cobit 5, Comparison of CobiT 4.1 and CobiT 5 ...

Comparison of CobiT 4.1 and CobiT 5 This review of CobiT 4.1and CobiT 5 does not include all possible elements of these two complex frameworks. Still, this review is exhaustive

Steps in developing observation schedule-checklist, Steps in Developing Obs...

Steps in Developing Observation ScheduletChecklist: i)  The first step is to select the aspect of behaviour to be observed. We cannot notice everything that happens and we can

Psychoanalysis, QUESTION 1 Briefly explain how the following schools of...

QUESTION 1 Briefly explain how the following schools of thought contributed to Psychology (a) Psychoanalysis (b) Behaviourism (c) Cognitive approach (d) Humanistic/

Simplest transporting devices, The simplest transporting devices are wh...

The simplest transporting devices are wheel barrows and hand trucks. These are still in use in number of small industries all over the country. Figure (a) shows a ha

New rector of visionary secondary school, Question: You have just been ...

Question: You have just been appointed as the new rector of Visionary Secondary School with 30 teachers and 400 students. This is your 1 st job as rector and you want to succe

Organizational Behaviour, Case let 1 M/s. ABC Ltd is a medium-sized enginee...

Case let 1 M/s. ABC Ltd is a medium-sized engineering company producing a large-range of product lines according to customer requirements. It has earned a good reputation as a quic

How do you do this project, managing construction to build 15,000 sq meters...

managing construction to build 15,000 sq meters office you budget is $10 per sq meter timeline is to construct 3,000 sq meters per day you finish 7,000 sq meters of parking lot yo

Food & beverage control cycle, explain the food & beverages control cycle i...

explain the food & beverages control cycle in details

Introduction to quality control, Quality Control If one goes to buy a p...

Quality Control If one goes to buy a product like a refrigerator or a color television or a washing machine, the first thing he would generally do is to have a good look at the

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