Answer:
The correct answer is letter "B": They should be ignored in a bidding war.
Explanation:
Negotiations are vital in every aspect. They allow individuals to deal with situations in which parties need from each other but either of them is willing to take the first step to come to an agreement. Negotiations can also be useful out of problematic situations when parties voluntarily want to make a pact but the initial terms are unclear.
Placing limits for negotiations is important as well. Limits will prevent parties from giving to much of themselves or avoiding the other party to take advantage of a given situation. Thus, in front of war, limits must be placed in a negotiation.
Answer:
Option B External Information Research
Explanation:
John has researched about the car from external resources because asking a friend, researching auto reviews online, visiting car dealers and going for a test drive all constitutes to external sources of infromation. External source of information is dependent on the knowledge of the external sources and thier evaluation criteria.
Answer: Selecting an appropriate negotiation team
Explanation:
The first step toward initiating efficient and effective international business negotiations is selecting an appropriate negotiation team.
When an appropriate negotiation team has been selected to negotiate on behalf of a particular company, negotiation becomes easier and are more feasible and both parties can agree on a particular stance.
Answer:
e. She may find it difficult to deal with the stress of rent increase.
Explanation:
Carol has decided to open a Vietnamese restaurant solely. She has adopted 'sole proprietorship' form of business.
Sole Proprietorship is a form of business owned, run & managed by a single entrepreneur (proprietor).
This form of business has following advantages & disadvantages:
- Advantages : Easy formation, dissolution ; sole, flexible, quick decision making
- Disadvantages : Limited Capital ; Entrepreneur Unlimited Liability ; Less expansion scope.
So : Carol being a sole proprietor won't face problems like - difficulty in quick & independent decision making, adaptability to market demand, focus on specific consumer groups .
She as a sole proprietor, would rather face issue like limited capital funds & hence would - find it difficult to deal with stress of rent increase.
Answer:
A. The salesforce CPQ packages has an original price field which should be used instead of list price in the formula.
Explanation:
The sales force has original price field, this original price should be used instead of list price in the formula. The promotional discount will be then based on list price. This will solve the problem of overridden price in the formula.
