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International negotiation Unit 4
Objetives Understand the concept of negotiation and its key elements. Examine how to use negotiation to manage situations of interdependence. Consider how negotiations may be practical in management conflict. Understand the importance of goal setting in negotiations. Analyze the major elements of negotiation strategy and the process of selecting a strategy. Understand how most negotiations evolve through stages and phases.
Negotiations Negotiations occur for several reasons:  ,[object Object]
To create something new that neither party could attain on his or her own
To resolve a problem or dispute between the partiesApproach to the Subject ,[object Object]
Negotiation.Three Important Themes  Negotiation. Interdependence. Understanding.
Characteristics of a Negotiation Situation ,[object Object]
There is a conflict of needs and desires between two or more parties
Parties negotiate because they think they can get a better deal than by simply accepting what the other side offers them
Parties expect a “give-and-take” processInterdependence ,[object Object]
Interdependent goals are an important aspect of negotiation
Interdependent parties are characterized by interlocking goals
Having interdependent goals does not mean that everyone wants or needs exactly the same thing
A mix of convergent and conflicting goals characterizes many interdependent relationships,[object Object]
The desirability to work together is better for outcomes
Best available alternative:  BATNA (acronym for Best Alternative to a Negotiated Agreement)Mutual Adjustment ,[object Object]

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Unit4 International Negotiation