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• DEEPESH KATARIYA

Negotiation Fundamentals

Week 4

Graded Quiz - MOOC final

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• The 10-point sequence
• Video:
• Lecture
• How to build the right negotiation sequence ?
• . Duration:
• 4 min
• First Things First
• Video:
• Lecture
• Doing first things first for effective negotiation - Part 1
• . Duration:
• 5 min
• Video:
• Lecture
• Doing first things first for effective negotiation - Part 2
• . Duration:
• 3 min
• Video:
• Lecture
• Doing first things first for effective negotiation - Part 3
• . Duration:
• 3 min
• Video:
• Lecture
• Doing first things first for effective negotiation - Part 4
• . Duration:
• 4 min
• Power balance
• Video:
• Lecture
• Reaching the end : And how about the power balance ?
• . Duration:
• 4 min
• Final Quiz "Negotiation process"
• Practice Quiz:Practice Quiz - Final
• 10 questions
• MOOC Final Quiz
• Quiz:Graded Quiz - MOOC final
• 11 questions

QUIZ22 MIN

Graded Quiz - MOOC final

Submit your assignment

DUESep 7, 12:29 PM IST

ATTEMPTS3 every 8 hours

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TO PASS80% or higher

Grade

Graded Quiz - MOOC final

Graded Quiz22 min

DueSep 7, 12:29 PM IST

Graded Quiz - MOOC final

TOTAL POINTS 11

1.

Question1

Among the following statements, which are correct in negotiation?

1 point

You should speak first, and listen afterwards.

Do not focus on positions.

In negotiation you need to claim value first.

Separate the people from the problem.

Use subjective criteria.

2.

Question2

Which of the following features do not help build effective communication?

1 point

Closed questions.

Empathy.

Background information.

Active listening.

Aggressiveness.

3.

Question3

Which of the following statements are obstacles to negotiation success?

1 point

Positional bargaining.

Joint problem solving.

Value creation.

No criteria of legitimacy for options.

Being tough on the problem.

4.

Question4

Among the following statements, which are correct in negotiation?

1 point

You need to anticipate the possible conflicts of interests between principals and agents.

You should speak first, and listen afterwards.

You should claim value and distribute it afterwards.

The objective of a negotiation is to get an agreement.

What we should do first things first in negotiation is the essential.

Everything can be negotiated.

5.

Question5

Among the following recommendations, which ones seem relevant to you?

1 point

Separate people issues from substantive issues.

Focus on positions and not on interests or motivations.

Consider negotiation as a zero-sum game.

Anchor on justification criteria to settle a conflict.

Identify the best solution away from the table before negotiating.

Always end a negotiation with an agreement and accept it.

6.

Question6

In the following 10-trump preparation plan, match up the item "Who?" to its appropriate dimension.

1 point

Core motivations, Solutions at the table, Solutions Away From the table, Justifications.

Organization, Communication, Logistics.

Personal relationships, Mandate, Stakeholder's Map.

7.

Question7

In the following 10-trump preparation plan, match up the item"What?"to its appropriate dimension.

1 point

Core motivations, Solutions at the table, Solutions Away From the table, Justifications.

Organization, Communication, Logistics.

Personal relationships, Mandate, Stakeholder's Map.

8.

Question8

In the following 10-trump preparation plan, match up the item"How?"to its appropriate dimension.

1 point

Core motivations, Solutions at the table, Solutions Away From the table, Justifications.

Organization, Communication, Logistics.

Personal relationships, Mandate, Stakeholder's Map.

9.

Question9

Which of the following ARE NOT bargaining tactics that you may be confronted with by your opposites at the table?

1 point

Linkage

Extreme anchoring

Carpet selling

Red herring

White elephant

Good cop/bad cop

My hands are tied

My lips are sealed

The "icing on the cake"

10.

Question10

Among the actions listed below, which one should you take when faced with the "ultimatum" tactic your opposite might use?

1 point

Re-orient your opposite to the points you had initially agreed to discuss or gain time in order to assess the meaning and cost of the new item on the agenda.

First, resist hasty reaction and instead compare with your best solution away from the table. Next, thank your opposite for the offer and then propose a higher figure than your Plan B, as your own "last offer".

Remain calm and do not give way to pressure, do not mix the People and the Problem. Stick to the facts and insist on rules of the game. Finally, if your plan "B"' enables it, leave the room in the first meeting.

11.

Question11

In a negotiation it is crucial to have effectively prepared your Solution Away From the Table (SAFT) Why? Select the right answers among those below.

1 point

It will enable you to make a deal only if the solutions traded at the table are more interesting than the solution away from the table.

It will enable you to make a comparison between what seems to be disappointing solutions at the table with the reality you will be faced with when leaving the room without a deal.

It will enable you to set discussions with your opposite into motion again by talking about the "what if there was no deal? What will we do?" scenario.

It provides the main ingredient for the power balance around the table and will enable you, if you have a comfortable SAFT, to be stronger in your demands at the table because the other negotiator will have to match your expectations.

Once effectively prepared, it will enable you to fine-tune and adjust your mandate to the various interests of the stakeholders around the table, thus generating the best possible scenario for a mutually agreed solution even if you do not reach your principal's expectations.