Podcast
Questions and Answers
What is the primary goal of distributive negotiation?
What is the primary goal of distributive negotiation?
Which of the following best describes integrative negotiation?
Which of the following best describes integrative negotiation?
In negotiation, what should the resistance point be?
In negotiation, what should the resistance point be?
Which term refers to your best option if negotiations fail?
Which term refers to your best option if negotiations fail?
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What type of conflict is characterized by personal animosity and emotional tensions?
What type of conflict is characterized by personal animosity and emotional tensions?
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At what level of conflict does performance tend to improve due to increased alternatives?
At what level of conflict does performance tend to improve due to increased alternatives?
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Which style of conflict management focuses on satisfying one’s own needs at the expense of others?
Which style of conflict management focuses on satisfying one’s own needs at the expense of others?
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What is the target point in negotiation?
What is the target point in negotiation?
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What is the primary focus of transactional leadership?
What is the primary focus of transactional leadership?
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Which tactic involves actively shaping one's public image?
Which tactic involves actively shaping one's public image?
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What do the Four I's of Transformational Leadership NOT include?
What do the Four I's of Transformational Leadership NOT include?
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Which of these is NOT one of Cialdini's Seven Tactics of Influence?
Which of these is NOT one of Cialdini's Seven Tactics of Influence?
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What differentiates leadership from management?
What differentiates leadership from management?
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Which tactic is used to gain support by appealing to higher ideals?
Which tactic is used to gain support by appealing to higher ideals?
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What type of power is illustrated when a doctor influences their patients due to their knowledge and skills?
What type of power is illustrated when a doctor influences their patients due to their knowledge and skills?
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Which aspect of positional power refers to the importance of a person in relation to others who depend on them?
Which aspect of positional power refers to the importance of a person in relation to others who depend on them?
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Which of the following describes a criticism of transformational leadership?
Which of the following describes a criticism of transformational leadership?
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Which influence tactic involves manipulating others' access to information?
Which influence tactic involves manipulating others' access to information?
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Which term describes the method of seeking support from higher authorities?
Which term describes the method of seeking support from higher authorities?
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What defines personal attraction in the context of personal power?
What defines personal attraction in the context of personal power?
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Which of the following describes the flexibility aspect of positional power?
Which of the following describes the flexibility aspect of positional power?
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In which situation would substitutability in positional power be highest?
In which situation would substitutability in positional power be highest?
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What aspect of personal power is relevant when considering someone's educational background and self-directed learning?
What aspect of personal power is relevant when considering someone's educational background and self-directed learning?
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Which influence tactic represents compliance due to awareness of a requester's legitimate power?
Which influence tactic represents compliance due to awareness of a requester's legitimate power?
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What does accommodating/yielding in conflict resolution often involve?
What does accommodating/yielding in conflict resolution often involve?
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Which response to power indicates a person is enthusiastic and willingly carries out a task?
Which response to power indicates a person is enthusiastic and willingly carries out a task?
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What is the primary characteristic of coercive power?
What is the primary characteristic of coercive power?
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How does the General Dependency Postulate describe the relationship between two parties?
How does the General Dependency Postulate describe the relationship between two parties?
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What does compromising in conflict resolution typically result in?
What does compromising in conflict resolution typically result in?
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According to the conclusions drawn from Asch, Milgram, and Zimbardo's experiments, what influences ordinary people to behave in unexpected ways?
According to the conclusions drawn from Asch, Milgram, and Zimbardo's experiments, what influences ordinary people to behave in unexpected ways?
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Which type of power is depicted by a manager's ability to distribute promotions and bonuses?
Which type of power is depicted by a manager's ability to distribute promotions and bonuses?
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What is the outcome of avoiding conflict as a resolution strategy?
What is the outcome of avoiding conflict as a resolution strategy?
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What is the sunk cost fallacy?
What is the sunk cost fallacy?
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What best describes loss aversion?
What best describes loss aversion?
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Which of the following illustrates the anchoring bias?
Which of the following illustrates the anchoring bias?
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What is irrational escalation of commitment?
What is irrational escalation of commitment?
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What defines randomness error?
What defines randomness error?
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What is pseudo-transformational leadership?
What is pseudo-transformational leadership?
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Which assumption is NOT typically accurate in the rational decision-making model?
Which assumption is NOT typically accurate in the rational decision-making model?
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What does bounded rationality refer to?
What does bounded rationality refer to?
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Which of the following best defines satisficing?
Which of the following best defines satisficing?
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What is an example of availability bias?
What is an example of availability bias?
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What is the Dunning-Kruger effect characterized by?
What is the Dunning-Kruger effect characterized by?
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What bias leads individuals to only select information that supports their pre-existing beliefs?
What bias leads individuals to only select information that supports their pre-existing beliefs?
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Which of the following is NOT a characteristic of rational decision-making?
Which of the following is NOT a characteristic of rational decision-making?
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Study Notes
Negotiation Strategies
- Distributive Negotiation: A zero-sum game where one party's gain is another's loss. Focuses on maximizing one's own share of resources. Example: Haggling over the price of a used car.
- Integrative Negotiation: Aims for win-win solutions that create value for all parties. Focuses on common interests and mutual gains. Example: Negotiating a job offer where a lower salary might be offset by more vacation time.
Key Negotiation Elements
- Target Point (Aspiration Point): Ideal outcome, based on realistic information. Example: Wanting to sell a house for $600,000.
- Resistance Point (Walk Away Point): The point beyond which no agreement is preferred. Should not be disclosed. Example: Refusing to sell a house for less than $575,000.
- Initial Offer (Asking Price): First proposal. Example: Listing a house for $625,000.
- BATNA (Best Alternative To a Negotiated Agreement): Best option if the negotiation fails. Impacts target and resistance points. Example: Renting a house if the sale fails.
Conflict Management
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Conflict Types:
- Cognitive (Task) Conflict: Focuses on differences in perspectives regarding an issue. Example: Disagreement on the best way to approach a project. Can be constructive if managed well.
- Affective (Relationship) Conflict: Emotional, directed at a person, not the issue, often involving clashes and conflicting goals. Example: Personality clashes between coworkers. Stress and poor communication can result.
Conflict Management Styles
- Forcing: Satisfying one's needs at the expense of others. Can lead to resentment and retaliation. Example: Manager imposing a decision.
- Avoiding: Sidestepping or postponing the conflict. May reflect an inability to handle emotions. Example: Ignoring a conflict.
- Accommodating/Yielding: Satisfying the other party's concerns while neglecting one's own needs. Example: Agreeing to a coworker's suggestion despite not entirely liking it.
- Compromising: Seeking partial satisfaction for both parties. Example: Reaching a middle ground in a negotiation.
- Collaborating/Problem Solving: Addressing all parties' concerns to find a solution that satisfies everyone. Example: Collaborating with a client to find a solution that works for all parties.
Power Bases
- General Dependency Postulate: Power is greater when reliance on the other party is high. Resources are valuable when scarce and non-substitutable.
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Power Responses:
- Commitment: Enthusiastically pursuing the task.
- Compliance: Doing the job but grudgingly.
- Resistance: Opposing the request.
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Bases of Power:
- Legitimate: Power based on formal authority. Example: CEO.
- Reward: Ability to provide rewards. Example: Manager giving raises.
- Coercive: Ability to apply punishment. Example: Supervisor using threats.
- Expert: Power based on knowledge and skills. Example: Doctor.
- Referent: Power based on liking and respect. Example: Celebrity.
- Informational: Control over information. Example: Person with exclusive company knowledge.
Contingency of Power
- Positional Power: Determined by the position one holds within an organization or structure.
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Substitutability/Relevance: Power is strongest when a source is unique and no alternative exists.
- Centrality: The degree of importance and interdependence in the relationship between the power holder and others. Increased with more people reliant on the power holder or quickly impacted by them.
- Flexibility/Discretion: Freedom to exercise judgment and improvisation.
- Visibility: Awareness of a person and their resources. Increased by interaction with influential figures.
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Personal Power:
- Expertise: Work-related knowledge.
- Personal Attraction: Charisma, agreeableness.
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Description
Test your knowledge on key concepts of negotiation and leadership, including integrative and distributive negotiation, conflict management styles, and the elements of transformational leadership. This quiz will help you understand the nuances of negotiation tactics and leadership theories.