Advantages & Disadvantages of Negotiation Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

Adv - Conduction

A
  • Parties can conduct the negotiation themselves.

- There’s no need for lawyers in the process, therefore it is cheaper and less time consuming.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Adv - Used at Anytime

A
  • Negotiation can be used at any point in the dispute from the beginning rights up to the start of a court hearing.
  • Could be useful in the sense that you may not want to go to court after all and want to settle it through negotiation instead.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Adv - Cheap

A
  • It’s the cheapest method of resolving a dispute, in particular when the parties conduct it themselves.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Adv - Can Include Agreement

A
  • Resolution can include agreement about future business deals.
  • Can also be done in mediation and conciliation but cannot be done where the court makes the decision.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

DisAdv - Success

A
  • It may not be successful, so that other ADR or litigation proceedings may have to be used.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

DisAdv - Antagonism

A
  • Not suitable where the parties are very antagonistic towards each other as they will not be prepared to co-operate in finding a resolution.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

DisAdv - Repetition

A
  • If there are repeated unsuccessful attempts at negotiation, it may prolong the whole issue.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly