Competitive Strategy in Negotiation
10 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is a characteristic of a win-lose scenario?

  • One party exceeds their target range while the other falls below. (correct)
  • Both parties are aware of their best alternative options.
  • Both parties walk away with a desirable outcome.
  • Both parties achieve their desired goals.

What can contribute to a win-lose situation?

  • Coercion and asymmetric information. (correct)
  • Awareness of best alternative options.
  • Fairness and mutual understanding.
  • Trust and open communication.

What is the primary goal of a win-lose strategy?

  • To secure the best scenario for one side. (correct)
  • To benefit all parties involved.
  • To compromise and find a middle ground.
  • To achieve a fair outcome for both parties.

What is an example of a win-lose outcome?

<p>A buyer negotiates a significant price reduction from a supplier. (D)</p> Signup and view all the answers

What is the main difference between a win-lose and win-win strategy?

<p>The focus on fairness and mutual benefit. (C)</p> Signup and view all the answers

What is the best outcome in the classic prisoner's dilemma?

<p>Both sides cooperate and are set free (C)</p> Signup and view all the answers

What is a major drawback of using a competitive strategy in negotiation?

<p>It can lead to a damaged relationship and loss of goodwill (D)</p> Signup and view all the answers

What is a characteristic of people who use a competitive strategy in negotiation?

<p>They believe that they obtained the best that they could (B)</p> Signup and view all the answers

What can be a result of underestimating the other party in a competitive situation?

<p>You are more likely to lose (B)</p> Signup and view all the answers

What is an important step before selecting a negotiation strategy?

<p>Thoroughly investigating the issues and understanding the other party's strategy (D)</p> Signup and view all the answers

More Like This

Negotiation Strategy: Key Factors and Types
12 questions
Negotiation Chapter 1
12 questions

Negotiation Chapter 1

SatisfyingUkiyoE avatar
SatisfyingUkiyoE
Negotiation Strategies and BATNA
21 questions
Use Quizgecko on...
Browser
Browser