Week 2 Flashcards
Contract Negotiation
1
Q
Describe the difference between positional bargaining and principled negotiation.
A
Positional bargaining describes a situation where people hold there positions tight, stalling settlements. In Principled Negotiation people recognise the human side and non human problem.
2
Q
What is the aim of principled negotiation?
A
To create an environment of creativity, that is mutually beneficial and helps build long term relationships.
3
Q
Name the 4 components of principled negotiation.
A
People, Interests, Options, Criteria
4
Q
What is BATNA
A
Best alternative to a negotiated agreement.
5
Q
What are the 6 steps to a negotiated agreement?
A
- Preparation
- Opening up negotiation
- Conducting negotiation
- Moving towards agreement
- reaching agreement
- Following up negotiation