Business & Finance

Complex Negotiation Activity

In the past weeks, the discussion question has asked you to reflect on your negotiation history and engage the forum with an example from your past. This week,

Apr 11, 2025 0 views

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In the past weeks, the discussion question has asked you to reflect on your negotiation history and engage the forum with an example from your past. This week, you are asked to engage in a new negotiation event and utilize your growing skill set. In other words, negotiate the purchase of something, the restaurant for dinner, time off at work, household chores with your children, or any other situation that works well for you and that you can complete in the first part of the week (before the initial post is due). Of course, the earlier in the week you start, the better prepared you can be for the negotiation. Whatever negotiation you try, challenge yourself. Make it something both meaningful and worthwhile for strategic negotiation. For the first paragraph of your initial post, describe the negotiation event that you are using for this week's discussion, including the participants, the key issues, and the outcome. For the second part of your initial post, evaluate any one of the following starter bullet points, using research on course concepts to support your analysis:   Negotiations      most often occur between two people having a meaningful relationship, such      as spouses, coworkers, and suppliers and customers. Therefore,      relationships tend to influence present and future interactions, however      cordial or adversarial they might be. The dynamics of a relationship and      its importance to each party also affect the strategies used and the      outcomes reached in a negotiation. How did the relationship impact the      negotiation event? How did it influence your preparation, your choice of      strategy, and the outcome?   Relationship      is only one type of interest that might surface in a negotiation. Our      course material also notes that substantive and process interests affect      negotiations. Evaluate the various types of interests that existed in the      negotiation (could be expressed or implied interests). How did those      interests contribute to the outcome?   Present      negotiations often set precedents for future negotiations. Evaluate the      influence your negotiation might have on future negotiations with the same      party and different parties. Explain what precedent has been set for the      process, for the relationship, and for the styles and strategies.   Reputation,      trust, and fairness are the key considerations in a negotiation when a      long-term relationship is at stake. How did reputation, trust, and justice      or fairness impact the way you negotiated with that person? If the      relationship was already strong, how did the negotiation further enhance the      relationship? If the relationship was not a good one, how might the way      you negotiated repair or further harm it?   Coalitions      preserve or increase an individual's resources. There is, typically, a      gain in leverage, power, or resources or the likelihood of reaching a goal      when forces are joined. Examples of coalitions include political      alliances, two children agreeing to work together to gain parental      permission, and a buying group in a professional association where the      higher number of members can get added member discounts. What coalitions      were present in your negotiation? If a coalition was not present, what      coalition might have been possible to create greater advantage? Evaluate      whether the coalition (present or possible) is likely to be long term or      short term. How could the coalition be broken, and what would be the      effect on the negotiation?   Negotiations      can sometimes include multiple parties. For instance, in addition to a      buyer and a seller, a real estate transaction may include a real estate broker,      a financial source, an insurance agent, a surveyor, and property      inspectors. What multiple parties were evident in your negotiation?      Describe what challenges were presented by the increased number of      negotiators in your multiparty negotiation. How did having multiple      parties influence the outcome?   Submission Details: · Your initial post should be 1–2 pages (500–1,000 words) long. Cite any sources you use in APA format.   Each Covered Heading must contain 3+ credible cited sources and a      conclusion summarizing talking points.   · Due by 3/6/25 at 6:30pm CST  Requirements: 1. Make certain to include in text citations from your course text in addition to your outside leadership resources within your main post. This adds credibility to your argument. [Textbooks]: Lewicki, R., Saunders, D., & Barry, B. (2023). Negotiation (9th ed.). McGraw-Hill Higher Education. ISBN: 9781265608750   and   Lewicki, R., Barry, B., & Saunders, D. (2014). Negotiation: Readings, Exercises, and Cases (7th ed.). McGraw-Hill Learning Solutions. ISBN: 0077862422   2. No plagiarism will be tolerated. Must be in 7th Edition APA format with cited sources within the last 5 years.   3. No AI support, score must be 0% and less than < 10% score on Turnitin

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