Question: Answer the Skill 4.1 question LEARNING EXERCISE: NEGOTIATING A NEW JOB The purpose of this exercise is to apply the negotiation skills presented in this

Answer the Skill 4.1 question LEARNING EXERCISE:

Answer the Skill 4.1 question

LEARNING EXERCISE: NEGOTIATING A NEW JOB The purpose of this exercise is to apply the negotiation skills presented in this chap- ter to an actual negotiation situation. You recently received a telephone call from the vice president of sales for a large national office machine supplier. She invited you to an interviewand she made it clear that she wants to hire you and will try to negotiate a contract with you during the interview. You responded that you are quite content in your sales position with a regional competitor of her firm. She also made it clear, however, that this could be a very lucrative move for you, and thus you agreed to the interview. You then suggested that both of you consider carefully all of the issues that might be included in a negotiated contract. To better prepare yourself, you contacted a good friend who is currently a sales agent for her firm and asked him what issues he would suggest that you put on the table, because they might be important to you and she had the authority to negotia ou and she had the authority to negotiate, at least to a lim- ited degree, on those issues. After your conversation with your friend, and after giving the matter some thought, you developed a list of eight issues that you would like to discuss: (1) annual salary, (2) primary sales territory (your friend indicated that due to expan- sion five territories are available), (3) expense account, (4) office location within the building, (5) signing bonus, (6) number of travel days per month, (7) automotive usage plan, and (8) starting date. In final preparation for today's interview you decided to list several possible outcomes for each of the eight issues, and as a means of "creating value" for each you assign a "point value" to each outcome so you can compare them. The accompanying table includes the eight issues and your esti- mated value of the possible outcomes for each. In the right column are the vice pres- ident's point values as wellalthough you, of course, don't know them. Review the issues and your values for each possible outcome, and answer the following skills questions. Skill 4.1: Why is this an integrative bargaining situation

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!