Negotiating a Business Deal

Negotiating a Business Deal

Assessment

Interactive Video

Social Studies, Business

University

Hard

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The video tutorial emphasizes the importance of negotiation skills for business success. It explores setting up operations in Australia, with discussions on cost-effectiveness and operational efficiency. Steve's attempt to use humor in negotiations fails, highlighting the need for seriousness. The tutorial covers strategies for finalizing deals, building trust, and addressing relocation issues. Complications arise in the negotiation process, but resolutions are found, emphasizing the importance of confidentiality and clear communication.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the reaction to using humor during the negotiation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker imply about the importance of trust in negotiations?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What issue arises regarding Serena's potential relocation?

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