Exam 12: Formal Negotiating

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Negotiators in the accommodating mode are usually _____.

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C

_____ is a strategy used by some buyers to engage in a win-lose tactic of negotiation when the other party does not expect it.

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E

Create a plausible scenario of browbeating followed by negotiation jujitsu.

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Answers will vary,but browbeating in a negotiation will involve intimidating and making the seller feel less secure about their position.Negotiation jujitsu will involve stepping away from the browbeating and then redirecting the negotiation back to the issues being discussed.

A negotiator says,"Can't we all just get along and split the extra costs down the middle?" From this statement,it can be said that the negotiator is using the _____ mode of conflict resolution.

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Newbook publishing has just negotiated a contract with an important author.At the end of the negotiations,the author,Pat Conray,makes a "nibbling" request.Create a nibbling request that Pat is most likely to have used.

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How do negotiations differ from regular sales calls?

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What is the best way to respond to a negotiator who has just thrown his pen across the room and screamed,"We can't pay anymore for what you are willing to offer! You are being inconsiderate"?

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Negotiations differ from regular sales calls in that they involve less intensive planning and a smaller number of people from the selling firm.

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While holding formal negotiations with Cible Department Store,Croustilles-Lay representatives can negotiate:

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Emily opens a negotiation session by saying,"I think we're all here today looking for a win-win deal.Unless we all leave this table feeling that we have satisfied our objectives as much as possible under the given circumstances,I'm going to consider this negotiation a failure." Emily most likely resolves conflict in the _____ mode.

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Explain lowballing.

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Putting the key issues at the beginning in an agenda is advantageous.

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In general,in a negotiation meeting,the size of the seller's team should be more than the size of the buyer's team.

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After completing negotiation for a new computer system,Jane,the salesperson,added,"Oh,there is also a $5,000 installation and instruction charge." Which win-lose negotiation tactic did Jane use?

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Purge Purifying Systems,which manufactures filtration systems for industries,has entered into a U.S.$50 million deal with Fabon Fabrics Inc.During a negotiating session,Alex,a member of the sales team reacted,"Who are you trying to kid? You need our company's filtration systems to maintain your product quality.You have to pay an extra $20 per system and just cut costs somewhere else." Monroe,the team leader of the sales team interrupted him and said,"Now wait a minute.These are our friends you are talking to.How about we only charge $10 extra per system and split the shipping charges with you? Does that not sound fair?" Identify the win-lose strategy adopted by the sales team of Purge Purifying Systems.

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In win-win not yet negotiating,the buying team achieves its goals while the selling team doesn't.

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The best situation,from a negotiation standpoint,would be to have on both teams a number of people who generally use the _____ to resolve conflicts.

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In a negotiation,individuals in the accommodating mode are the exact opposite of competing people.

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Why is it necessary for a good negotiator to have a willingness to take risks and an ability to tolerate ambiguity in a business negotiation?

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Discuss the importance of setting several objectives,or positions,in a negotiation meeting.

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