Announced Firm Negotiation Position Essay Example | Topics and Well Written Essays - 500 words

Announced Firm Negotiation blank space - Essay ExampleSometimes, including the convergence price or service fee in the comp either portfolio list whitethorn not be advantageous at all. In this case, the companys weak positioning whitethorn be exposed to the buyer and may give a certain impression that may actually affect the buyers interest to the deal. To avoid such, both the buyer and the seller should research well not only on the current market but the social factors which affect the dialog process. For the seller, it is important to know the type of buyers to be able to adjust strategies during the negotiation process before announcing any negotiation position.More often than not, negotiation can actually be flexible for both parties. Metz inform that the seller can bend to the time constraints and resource limitations of a particular buyer. There are a handful of reasons a buyer would be highly interested to the offered deal. It can be his desire to the products innovativ e technology, or his interest in the companys market position, or his reliance to the sellers customer base. Negotiation can be absolutely strategic if there is a diversity of buyers that range from a number of large firms to a few small buyers. The sellers problem lies in the situation where there is only one or no buyer. This case may be used by the buyer to his advantage if he is the only buyer in the negotiation.During the negotiation process, defining your official standpoint or stance is of prime importance important before lastly entering the process itself. This negotiation position, regardless you are the seller or the buyer, should be strongly defended by the negotiator during the negotiation process. Practically, the main reason why many people cant palpate a good agreement is that each has taken of his own announced position. Your negotiation position is compulsive by the interests in the