Strategic Objectives in Negotiations

Strategic Objectives in Negotiations

Assessment

Interactive Video

Business

University

Hard

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The video tutorial explains negotiation strategy by breaking it down into orientation, objectives, and tactics. It clarifies the difference between goals and objectives, emphasizing how tactics are used to achieve objectives, which in turn help reach ultimate goals. Examples of objectives, such as claiming value and focusing on interests, are provided. The importance of free information flow and commonalities in negotiation is highlighted, showing how these elements contribute to achieving mutual gains.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary difference between objectives and goals in negotiation?

Objectives are the ultimate outcomes, while goals are the steps to achieve them.

Objectives and goals are interchangeable terms in negotiation.

Objectives are short-term, while goals are long-term.

Objectives are the steps to influence the negotiation, while goals are the ultimate outcomes.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a tactic in negotiation?

Claiming more value

Creating a sense of urgency

Focusing on interests

Setting a long-term goal

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can tactics help in achieving negotiation objectives?

By avoiding communication

By influencing the other party's decision-making

By focusing solely on positions

By setting long-term goals

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an example of an objective in negotiation?

Achieving the highest price

Setting a long-term goal

Claiming additional value

Avoiding any communication

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can focusing on interests rather than positions benefit a negotiation?

It ensures a higher price is achieved.

It helps in achieving a competitive strategy.

It avoids any form of communication.

It allows for a more collaborative approach.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of fostering a free flow of information in negotiation?

To achieve a competitive advantage

To gather useful information for negotiation

To avoid any form of communication

To focus solely on positions

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can using 'we' instead of 'I' or 'you' impact a negotiation?

It avoids any form of communication.

It fosters a collaborative environment.

It creates a sense of urgency.

It focuses on individual goals.