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MissTica
4 years ago
13

Explain the art of negotiating and an example to go with. :) ( A situation within very sophisticated work, mhm.)

Business
1 answer:
Lunna [17]4 years ago
5 0

Answer with Explanation:

The "art of negotiating" refers to negotiating while establishing relationships. This refers to providing a<em> win-win situation</em> between the negotiating partners.  Both the buyers and the sellers have<em> different strategies in negotiating</em>.

For example,<em> if you are the buyer</em>, you have to make sure that you know very well about the product or service that you are negotiating. If the seller senses that you don't know, it will be your weakness. Thus, preparation is a very crucial step.

On the other hand, <em>if you are the seller,</em> you also have to know whether the product you're selling is in<em> high demand or not</em>. If you are the<em> only source of that product, </em>then you have the<u> "bargaining power."</u> You can name your price. On the contrary, when the economy is depressed, the <em>supply is usually high</em> while the<em> demand is low,</em> so the <u>buyer has a bargaining power</u> in this situation.

Whatever the situation is, ensuring a win-win situation is needed in order to have a <em>good deal.</em> This is very important especially when you have to negotiate with the same person again and again.

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While approaching a group of colleagues, Patrice overheard what she believed were inappropriate comments about another team memb
aivan3 [116]

Answer:

The question is incomplete, the options are missing. The options are the following:

a) Suggest to Patrice that spreading negative information learned from eavesdropping is not healthy for the workplace.

b) Thank Patrice for speaking up and forward the item to a neutral third party for handling.

c) Immediately fire the team members who made the comments.

d) Contact the team member who was the subject of the comments to see if he or she was offended.

e) Thank Patrice for her input, but based on the harmlessness of the situation, take no further action.

And the correct answer is the option B: Thank Patrice for speaking up and forward the item to a neutral third party for handling.

Explanation:

To begin with, these kind of situations are most common than expected in the workplace so that is why that nowadays exist a lot of seminars about certain subjects that involves the behavior in the organization and furthermore there is the regular action of the Human Resources Department that takes cares of all the penalties and the solutions when it comes to subjects regarding the employees of the business and their relationship both with each other and with the company. So the correct way to act in this scenario would be to thank Patrice and tell her that the manager would inform to the Human Resources Department about it, being this last one a third party in the situation itself.

6 0
3 years ago
The bonds issued by United Corp. bear a coupon of 6 percent, payable semiannually. The bond matures in 20 years and has a $1,000
pishuonlain [190]

Answer: 6.40%

Explanation:

Use Excel to calculate this by the formula;

= RATE(Nper,Pmt,-Pv,Fv)

Nper is number of periods = 20 * 2 = 40 semi annual periods

Pmt is the payment = $6%/2 * 1,000 = $30

Pv is the present value = $955

Fv is future value or face value = $1,000

= RATE (40,60,-955,1000)

= 3.20% * 2 (because this is a semi annual rate)

= 6.40%

8 0
3 years ago
B.F. Goodrich has been manufacturing and marketing automotive tires for over one hundred years. It spends much of its marketing
hjlf

Answer:

maturity

Explanation:

Based on the information provided within the question it can be said that the tires are in the maturity stage of their product life cycle. This is the longest stage in the product life cycle in which the introduction and growth stages has already passed and the product advertisements have minimal impact on sales since people have already seen the product. This seems to be the case since Goodrich has sold it's tires for more than a hundred years and only focuses on short term marketing.

8 0
3 years ago
Creighton Bicycles and Repair conducted a survey and discovered that among customers who had tried both bike shops, its successf
Effectus [21]

Answer:

Creighton Bicycles and Repair

This information would be most helpful to introduce to employees during Unfreezing stage of Lewin's change model.

Explanation:

The unfreezing stage is the best time to introduce information that challenges the status quo because it will help to prepare Creighton Bicycles and Repair employees to accept that change is inevitable.  Creighton Bicycles and Repair should not be satisfied with 75% when it can attain 100% preference for its cross-town competition and other measurable indices.  The unfreezing stage convinces organization people that things must change.  This information cannot be introduced during the change stage or the refreezing stage.

 

5 0
2 years ago
Which feature can be used to accomplish this?UVC wants to standardize their business logic. They want to ensure that workflow or
Anestetic [448]

Answer:

UVC wants to standardize to ensure that workflow order is guaranteed to the same each time. The feature that can be used to accomplish this is:

(A) Lightning Process Builder

(D) Visual Workflow

Explanation:

  • Lightning Process Builder is such a tool in workflow that allows your company without writing any line of code to easily automate the processes involved in the business like customer on-boarding. So UVC can use this feature to accomplish their goal.
  • Visual Workflow is such a tool that works which gives you drag and drop features in the workflow. They are more user-friendly due to their visualization feature so this feature can be used by the UVC.
  • The option B and C are not correct as they are not the good options as compared to other features as Workflow is not efficient as compared to Visual Workflow.
8 0
3 years ago
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