100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
GSCM 411 Final Exam Practice Questions and Answers $11.49   Add to cart

Exam (elaborations)

GSCM 411 Final Exam Practice Questions and Answers

 0 view  0 purchase
  • Course
  • 2024/2025
  • Institution
  • 2024/2025

GSCM 411 Final Exam Practice Questions and Answers The two main kinds of negotiation are: - Ans:-Distributive and Integrative A "win-win" situations is considered what type of negotiation? A. Competitive B. Integrative C. Distributive D. Bad faith - Ans:-B With an integrative type of negoti...

[Show more]

Preview 3 out of 24  pages

  • October 23, 2024
  • 24
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • 2024/2025
  • 2024/2025
avatar-seller
GraceAmelia
©GRACEAMELIA 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED

FIRST PUBLISH OCTOBER 2024




GSCM 411 Final Exam Practice
Questions and Answers


The two main kinds of negotiation are: - Ans:✔✔-Distributive and Integrative


A "win-win" situations is considered what type of negotiation?


A. Competitive


B. Integrative


C. Distributive


D. Bad faith - Ans:✔✔-B


With an integrative type of negotiation your task(s) might include:


A. To create as much value as possible for you and for the other side


B. To let the other side state their position at the beginning


C. To claim value for yourself


D. To integrate your team's strategy internally

Page 1/24

, ©GRACEAMELIA 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED

FIRST PUBLISH OCTOBER 2024




E. Bringing the food - Ans:✔✔-A & C


Mark Gordon coined which term?


A. Bargain for the win


B. Collective bargaining


C. Constructive bargaining


D. Collaborative bargaining - Ans:✔✔-D


Distributive negotiations can be referred to as a "win-lose" negotiation.


True


False - Ans:✔✔-True


What does BATNA stand for?


A. Best arrangement to a negotiated agreement


B. Best alternative to a negotiated agreement


C. Best actions to a negotiation agenda - Ans:✔✔-B


One's preferred course of action in the absence of a deal is referred to as their:



Page 2/24

, ©GRACEAMELIA 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED

FIRST PUBLISH OCTOBER 2024




A. Reservation price


B. ZOPA


C. BATNA


D. value created through trade - Ans:✔✔-C


How does value creation primarily occur?


A. By moving to a distributive negotiation


B. By moving to an integrative negotiation


C. Decreasing your reservation price


D. Having multiple BATNAs - Ans:✔✔-B


Your ____ determines your _____.


A.Reservation price, BATNA


B.BATNA, ZOPA


C.ZOPA, BATNA


D.BATNA, reservation price - Ans:✔✔-D




Page 3/24

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller GraceAmelia. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

85651 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.49
  • (0)
  Add to cart