Describe the five negotiation skills in closing the deal and indicate.

Part ONE

Discuss two the following statements

  1. Describe the Five Negotiation Skills in Closing the Deal and indicate how you would, or have used them in an actual bargaining and negotiation situation specifying the issues, actors, and outcomes.
  2. Explain the purpose of an agreement template and why a written agreement best serves to generate commitment to the agreement.
  3. Discuss why silence can be an effective response to a request for a last-minute concession and when the nickel-and-diming approach can be utilized most effectively.
  4. Discuss the emotional issues that may cause stalemates; sources of conflict spirals; psychological entrapments; difficulties in managing ideologically-based conflicts; and why sequential decision-making processes are helpful in resolving decision-making conflicts.
    .

Part TWO
Assume the role of one of the five parties in the case as you form your answers.  Respond to at least two of your classmates’ postings.

  1. What reasons do you have for remaining with the negotiations at this point?
  2. Describe three tactics you can use after agreement is reached and your bargaining partner asks for one more thing.
  3. Detail the parts, i.e., elements of an agreement template and explain why it helped you in this negotiation.
  4. Identify an ideological issue in this negotiation and explain why it is more difficult than financial negotiations to resolve.

Part THREE

Answer the following questions and apply the Five Negotiation Skills to an actual negotiation case.  Respond to at least two of your classmates’ postings.

  1. How would an agreement template facilitate closing this deal?
  2. How can you react to the particular demand for limiting your time at the site, which is totally unacceptable, but not risk losing the deal?
  3. What technique can you sue to move Ms. White past her apparent problems with your engagement?
  4. How can you avoid the psychological trap of agreeing to an arrangement guaranteed to just to keep this client?
  5. What techniques can you use during this impromptu negotiation to build a relationship with Ms. White?

 


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