Negotiation Strategy: Key Factors and Types
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Questions and Answers

What should direct the selection of the optimal negotiation strategy?

  • The negotiator's communication skills
  • The negotiator's preference for outcome only
  • The negotiator's intuition
  • The negotiator's combination of concerns for relationship and outcome (correct)

Why is it crucial for both parties to agree on the negotiation rules?

  • To maintain a power imbalance
  • To ensure a good outcome for both parties (correct)
  • To confuse the other party
  • To assert dominance

What can influence the negotiation process according to the text?

  • The negotiator's nationality
  • The interaction of the two parties' choices (correct)
  • The negotiator's gender
  • The negotiator's attire

Why should negotiators consider sharing their strategic negotiating model with the other party?

<p>To enhance the chances of a good outcome (D)</p> Signup and view all the answers

What does determining the importance of past and future relationships with the other party involve?

<p>Assessing how well the two parties worked together in the past and future expectations (A)</p> Signup and view all the answers

In selecting a negotiation strategy, what should negotiators prioritize according to the text?

<p>Balancing concerns for relationship and outcome (A)</p> Signup and view all the answers

What are some factors that affect the importance of the relationship between two negotiating parties?

<p>Whether the relationship is positive or negative, the level of commitment, and the degree of interdependence (A)</p> Signup and view all the answers

How does a congenial relationship between negotiating parties impact the negotiation process?

<p>It may lead to avoiding escalation of emotions to maintain the congeniality (B)</p> Signup and view all the answers

What is one factor that determines if a negotiator may want to lower the emotional level in negotiations?

<p>The history of hostility in the relationship with the other party (C)</p> Signup and view all the answers

How do outcome concerns influence negotiating strategy?

<p>They indicate whether achieving a good outcome is important to the negotiator (D)</p> Signup and view all the answers

In what scenario would a negotiator be more inclined to prioritize maintaining a good relationship over negotiating a good price?

<p>When buying a car from a family member (C)</p> Signup and view all the answers

What does the level of commitment to a relationship between negotiating parties indicate?

<p>The strength of the bond and willingness to work together in the future (D)</p> Signup and view all the answers

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