Chapter 1 Flashcards

1
Q

Why do we negotiate?

A

-to agree on how to share or divide a limited resource
-to create something that new that neither party could attain on his or her own
-to resolve a problem or dispute between the parties

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

Bargaining

A

describes the competitive, win-lose situation

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

Negotiation

A

refers to the win-win situation such as those that occur when parties try to find a mutually acceptable solution to a complex conflict

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

Characteristics of a negotiation situation

A
  1. There are two or more parties
  2. There is a conflict of needs & desires btwn 2 or more parties
  3. Parties negotiate bc they think they can get a better deal than by simply accepting what the other side offers them
  4. Parties expect a “give and take” process
  5. Parties search for agreement rather than fighting openly, capitulating, permanently breaking off the contract, taking their issue to a third party
  6. Successful negotiation that involved management of intangibles and resolution of intangibles
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

What is interdependence?

A

mutual dependency where parties need each other to achieve their preferred outcomes or objectives

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Zero-sum/ distributive bargaining

A

one winner, win-lose

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Non-zero sum/ integrative

A

mutual gains situation, win-win

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

BATNA

A

Best Alternative to a Negotiated Agreement–negotiators need to understand their BATNA as well as other parties

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Best strategy for mutual adjustment

A

the more information that one person has about the other party, the better

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

What is a concession and what does it do to the bargaining range?

A

a concession statement is when one party agrees to make a change in his/her position based on the other party’s suggestion to do so; when a concession is made, the bargaining range is further constrained

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

What are the two dilemmas found in mutual adjustment?

A

dilemma of honesty and dilemma of trust

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

dilemma of honesty

A

concern about how much of the truth you decide to tell the other party AKA how much are you willing to be honest about?

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

dilemma of trust

A

concern about how much negotiators believe what the other party tells them AKA how much are you willing to trust the other party?

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Distributive bargaining

A

the purpose of this type of negotiation is to claim value–to do whatever is necessary to claim the reward or gain the largest piece possible (zero sum)… usually happens when negotiations are reaching an end or limit

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Integrative bargaining

A

the purpose of this approach to negotiation is to create value, or find a way for all parties to meet their goals and share the reward (non-zero sum)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

What is conflict?

A

“a sharp disagreement or opposition” and includes “the perceived divergence of interest, or a belief that the parties’ current aspiration cannot be achieved simultaneously

17
Q

What are the 4 levels on conflict?

A
  1. Intrapersonal or Intrapsychic conflict–conflict that occurs w/in an individual
  2. Interpersonal conflict–conflict is between individuals
  3. Intragroup conflict–conflict is within a group
  4. Intergroup conflicts between groups (these negotiations are the most complex)
18
Q

What are the styles of Conflict Management?

A

-Contending: actors pursue own outcomes strongly, show little concern for other party obtaining their desired outcomes
-Yielding: actors show little interest in whether the other party attains their outcomes
-Problem solving- actors show high concern in obtaining own outcomes, as well as high concern for other party obtaining their outcomes