Question: Introduction: Before beginning this assignment: students should consider what they have learned throughout the course regarding negotiation in general and, more recently to negotiation in

 Introduction: Before beginning this assignment: students should consider what they have
learned throughout the course regarding negotiation in general and, more recently to

Introduction: Before beginning this assignment: students should consider what they have learned throughout the course regarding negotiation in general and, more recently to negotiation in different cultural settings. Students are expected to apply and demonstrate their understanding in an actiye, \"role play" negotiation situation of what they hate learned todate. Each party to the negotiation situation will haye common information on which to base their bargaining and each will have separate information that is known only to them. While negotiations often take place oyer protracted periods of time, students are to assume that they must try to complete the deal within the time frame allotted for the negotiation. Although this is an accelerated timeline, students will be graded on how well they have understood and apply the concepts learned in class and covered in their readings as well as how well they \"play the role" of their negotiator. The Situation: This was a dream opportunity for the Canadian firm NORAM Manufacturing. NORAM had deyeloped a specialty in bending steel for a variety of applications such as in unique furniture designs, assistiye deyices for the disabled and recently for automotiye applications. Steel is a very hard metal but, with the right combination of alloys (yery small amounts of different metals] steel can be quite malleable and with the right tools, allows it to be bent into different shapes

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!