What is the relevance of being prepared for negotiating techniques? Think back t

Question

What is the relevance of being prepared for negotiating techniques? Think back to the project you have written about in previous modules. And really think about the instances in which you would be in the need to negotiate. After you answer the question above, exemplify the need to be prepared by explaining how in the example of the project you have been working on (Give a very brief objective of the project.) you see that the instances you imagines of situations that could emerge where the need of negotiation could arise. And enlist them with the strategies you choose.

Explanation / Answer

Negotiation process is an essential part of any organisation with proper negotiation one can easily increase the level of efficiency of an organisation and can maintain a good working structure.

Communication plays an important role in negotiation as it provides a medium to negotiate between two person or organisation. By choosing the correct negotiation communication method we can directly increase our effect in the negotiation process and the proper goal can be achieved.

It can be easily descriibed by Graham model of communication ,It consists of four stages and can be described as follows.

Preparation

This is the most initial stage of the negotiation process. Every successful negotiation has its own clarified idea of what it's going to be negotiated. By marking the clarification as well as writing down the needs of the specific negotiation would definitely help in creating a proper negotiation process which would be beneficial for the organisation.

Information exchange

Exchanging information about the specific negotiation process from the negotiator as well as the negotiating party is one of the most essential parts of any negotiation program. Effective communication between the two parties definitely increases the chances of reaching to a contract in the specific negotiation process. Open ended questions should be widely ask in form of building a relationship with the negotiation personality or organisation.

Bargaining

Baigan is also an essential part of a negotiation process as it reduces the overall cost and the work is done by both of the party involved in the negotiation. It is the most difficult parts of the whole process and it holds the outcome of the specific process at a very large scale. It is responsible for creating final decision.

Closing And commitment

After the burning process closing and commitment is the final process in which everything is finalized. Bike commuting the specific contract i the negotiation process formation of the contract is done. In this specific part both of the parties at satisfied with the negotiation and forms the contract with fewer adjustment which is needed for the specific deal.

Most recently I had to buy a car and for buying that car and visited several showrooms for ensuring the better price available in each and every showroom. While I decided the car I have also decided that I will go with the cheapest available right inside the market for a dealership. While visiting the dealership I have applied different negotiation techniques to negotiate according to my needs to get the lower prices. While negotiating with the different dealers inside different dealership I got different codes according to the negotiation process by used.
This specific negotiation help me in understanding the behaviour of different managers inside the dealership. While deciding a car I observed that talking to the salesperson rather than talking to the manager was more effective to negotiate with the company. While having a better compatibility with someone inside the organisation could directly lead you to the reduced prices was one of my main analysis I have done inside the dealerships when buying a car.
This specific process enabled me to analyse and develop a new strategy of negotiation according to the behaviour of the salesperson or the managers inside the dealership. I visited several dealerships quoted each and every dealership and created the database for the better price. By negotiating with the manager using Different techniques and by applying my own clarifications to word the specific task enable me to reduce the overall prices of the car. I successfully reduce the price by irrespective amount. Negotiation process help me in developing a more effective communication method with the dealership to get a better price for my car.
I have bought the car in a reduced price by applying different negotiation techniques towards the manager. My relationship with the manager played an important role in this kind of negotiation process and also provide in the support for decision making for leader by having a connection between me and the leader. This is specific process also help me in understanding the culture of different car dealerships. By applying my specific strategy into the Car showrooms we can easily reduce the cost of the car.

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