Best Practices in Distributive Negotiation

Best Practices in Distributive Negotiation

Assessment

Interactive Video

Business

University

Hard

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This video tutorial explores the concept of distributive negotiation, emphasizing its nature as a fixed pie where one party's gain is another's loss. It outlines best practices, including identifying interests and alternatives, understanding reservation points, and the importance of communication. The tutorial also covers strategies for opening negotiations and the role of information in gaining an advantage.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key characteristic of a distributive negotiation?

It requires no prior preparation.

It is always beneficial for both parties.

It involves a fixed pie where one party's gain is another's loss.

Both parties can increase their value.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is essential for a distributive negotiation to be successful?

Ignoring the other party's interests.

Avoiding any form of communication.

Having a positive zone of potential agreement.

Focusing solely on your own goals.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of communication in negotiation?

To ensure the other party loses value.

To selectively reveal information and gain insights.

To confuse the other party.

To avoid any form of agreement.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to understand the other party's position?

To make them feel inferior.

To gain more value in the negotiation.

To ensure they get less value.

To avoid reaching an agreement.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should you consider when making an opening offer?

The offer should be irrelevant to the negotiation.

The offer should be based on adequate information.

The offer should be the same as the reservation point.

The offer should be as low as possible.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common tactic in a single issue distributive negotiation?

Using concessions to reach a settlement.

Avoiding any form of concession.

Ignoring the other party's offers.

Making only one offer.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main goal when setting objectives in negotiation?

To ensure the other party loses.

To make the negotiation last as long as possible.

To achieve specific outcomes with your tactics.

To avoid any form of agreement.