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Competitive versus Problem-solving Strategies

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Identify current economic and other benefits your firm seeks from the deal. Prepare to defend your firm's position.

a)

Strongly agree

b)

Agree

c)

Not sure

d)

Disagree

e)

Strongly disagree

2.

Define the long-term strategic interests of your firm. Prepare to overcome cross-cultural barriers to defining mutual interests.

a)

Strongly agree

b)

Agree

c)

Not sure

d)

Disagree

e)

Strongly disagree

3.

Look for weaknesses in your opponent’s position. Learn about your opponent, but reveal as little as possible.

a)

Strongly agree

b)

Agree

c)

Not sure

d)

Disagree

e)

Strongly disagree

4.

Give and demand to receive objective information that clarifies each party’s interests. Accept cultural differences in speed of response and type of information needed. Make firm but reasonable first offer.

a)

Strongly agree

b)

Agree

c)

Not sure

d)

Disagree

e)

Strongly disagree

5.

Provide as little information as possible to your opponent. Make your position explicit. Make a hard offer that is more favorable to your side than you realistically expect to achieve.

a)

Strongly agree

b)

Agree

c)

Not sure

d)

Disagree

e)

Strongly disagree

6.

Sign when the interests of your firm are met. Adapt to cultural differences in contracts when necessary.

a)

Strongly agree

b)

Agree

c)

Not sure

d)

Disagree

e)

Strongly disagree

7.

Begin with high initial demands. Make concessions slowly and grudgingly.

a)

Strongly agree

b)

Agree

c)

Not sure

d)

Disagree

e)

Strongly disagree

8.

Search for mutually acceptable criteria for reaching accord. Accept cultural differences in starting position and in how and when concessions are made.

a)

Strongly agree

b)

Agree

c)

Not sure

d)

Disagree

e)

Strongly disagree

9.

Sign only if you win and then ensure that you sign an iron-clad contract.

a)

Strongly agree

b)

Agree

c)

Not sure

d)

Disagree

e)

Strongly disagree

10.

Use dirty tricks and pressure tactics when appropriate to win.

a)

Strongly agree

b)

Agree

c)

Not sure

d)

Disagree

e)

Strongly disagree