Business Negotiations - discussion week 8

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Anarggr

Business Finance

Description

Business Negotiations

Review and Reflect

  • Think about the last eight weeks of this course, and reflect on the things you learned about the negotiation and the process of negotiation. We talked about distributive bargaining, integrative bargaining, ethics, the influence of culture in negotiation, and so on.
  • Identify and discuss the THREE most important lessons you learned in this class, and why they are important to negotiation process.
  • Initial post must be a minimum of 300 words.

Lessons:

1 - Negotiation in Our Lives

2 - Integrative Negotiations

3 - Planning, Planning Again, Planning

4 - Right and Wrong

5 - Perceptions, Cognitions and Emotions

6 - Power

7 - International and Cross-Cultural Negotiations

8 - Best Practices

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Explanation & Answer

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Business Negotiations Review and Reflect
The last eight weeks of my classwork have been highly informing and enlightening
concerning negotiation and the whole process of conducting a negotiation. Furthermore, I found
the topics during this period highly informative on the process of bargaining and the different
issues which influence the negotiation process. Of all the topics which I learned within this
period, the chapters of perceptions, cognitions and emotions as well as that of power and that on
integrative negotiations stood out as the most important ones. From these three chapters, I
managed to learn a lot which I can use or apply during the negotiation process later in my career.
As I learned, power is one of the greatest influencers of the negotiation process. This is
because power has the ability to influence or use a position or the possession of knowledge to
determine the direction that a negotiation process takes. Thus, I came to understand that those
who occupy higher e...


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