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Flashcards for Negotiation Midterms Review
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Negotiation
An interpersonal decision-making process between two or more parties to reach a mutually beneficial agreement.
Setup
Preparation and planning in negotiation.
Structure
Organization of participants in negotiation.
Discussion
Offers, counteroffers, compromises in negotiation.
Distributive Negotiation
Win-lose negotiation (e.g., haggling price).
Integrative Negotiation
Win-win negotiation (e.g., supplier contracts).
Competitive Negotiation
Aggressive, win-focused negotiation.
Compromising Negotiation
Middle ground agreements in negotiation.
Power-Based Negotiation
Using authority to gain advantage in negotiation.
Negotiation strategies
Structured preparation and tactical planning to achieve the best outcomes in negotiations.
BATNA
Backup plan if negotiation fails.
Target Point
Ideal outcome in distributive bargaining.
Resistance Point
Walk-away limit in distributive bargaining.
Initial Offer
First proposal to anchor negotiation.
ZOPA
Zone of Possible Agreement.
Negotiation Power
Ability to influence negotiation outcome.
Cross-Cultural Negotiation
The process of negotiating between parties from different cultural backgrounds.
Ethics in Negotiation
Applying moral principles during negotiations to maintain trust and fairness.
Conflict
Happens when two or more parties have incompatible goals, interests, or values.
Intrapersonal Conflict
Conflict within oneself.
Interpersonal Conflict
Conflict between individuals.
Intergroup Conflict
Conflict between groups or teams.
Interorganizational Conflict
Conflict between organizations.
Competing (Conflict Resolution)
One party aims to win in conflict resolution.
Collaborating (Conflict Resolution)
Both parties seek a win-win in conflict resolution.
Avoiding (Conflict Resolution)
Withdrawing from conflict.
Accommodating (Conflict Resolution)
Prioritize others over self in conflict resolution.
Compromising (Conflict Resolution)
Each party gives up something in conflict resolution.
Conflict management
The process of identifying, addressing, and resolving conflicts in a structured and efficient manner.
Contingency Approach
No single conflict management strategy works for every situation. Different strategies fit different conflicts. Flexible response is key.
Conflict Mapping
a visual representation of conflict that identifies stakeholders, their interests, and potential solutions.
Conflict Tracking
measure resolution effectiveness and identify recurring issues.