Negotiation Strategy: Give Get Principle
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Questions and Answers

What is the main idea behind the give/get principle in negotiating?

  • Negotiating without any compromise
  • Requesting something without giving anything in return
  • Offering a concession without asking for anything in return
  • Receiving something in return for giving something (correct)
  • What is the primary goal of using the give/get principle in negotiation?

  • To reach a mutually beneficial agreement (correct)
  • To get something without giving anything in return
  • To delay the negotiation process
  • To make a concession without gaining anything
  • In the example 'I can give you additional onsite support, but I need your commitment to add three locations next month', what is the negotiator asking for in return?

  • To cancel the contract
  • A commitment to add three locations next month (correct)
  • To delay the project timeline
  • A discount on the service
  • What is the purpose of the give/get principle in dealing with a customer's extreme ask?

    <p>To balance the customer's request with a counter-request</p> Signup and view all the answers

    What is the outcome of using the give/get principle in negotiation, according to the text?

    <p>Both parties benefit equally</p> Signup and view all the answers

    Study Notes

    Give/Get Principle in Negotiation

    • The give/get principle is a tactic used in negotiation, where one party expects something in return for giving something to the other party.
    • This principle is used to get something in return when a customer makes an extreme request.

    Examples of Give/Get Principle

    • In exchange for additional onsite support, the customer must commit to adding three locations next month.
    • Rushing the go-live process is contingent on the location completing 90% of its site readiness requirements.

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    Description

    Learn about the give-get principle, a key tactic in effective negotiation. Understand how to use this principle to get something in return when dealing with customer demands.

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