Shared Flashcard Set

Details

A&K Manager as Politician
Value Creating & Value Claiming
11
Education
Graduate
11/27/2010

Additional Education Flashcards

 


 

Cards

Term

Information sharing and honest communication


Value creating or value claiming?

Definition
Value creating
Term

Win-Win Negotiations

Must be inventive and cooperative enough to devise an agreement that yields considerable gain to each party, relative to no-agreement possibilities.


Value creating or value claiming?

Definition
Value creating
Term

Win-Lose Negotiation

Hard, tough bargaining

 

Value creating or value claiming?

Definition
Value claiming
Term
The parties can treat the creating value negotiation as solving a _____ _____.
Definition

joint problem


(This has nothing to do with knees, hips or elbows!)

Term
The parties can organize brainstorming sessions to invent _____ _____ to their problem.
Definition
creative solutions
Term

The object of negotiation is to convince the other guy that he wants what you have to offer much more than you want what he has.

 

Value creating or value claiming?

Definition
Value claiming
Term

To "win" at a _____ _____ negotiation, you must start high, concede slowly, argue forcefully, and be willing to out-wait the other party.


Value creating or value claiming?

Definition
value claiming
Term

Two sisters are deadlocked over how to divide a pie between them. They agree that one sister will cut the pie and the other will choose the piece that she wants.


Value creating or value claiming?

Definition
Value creating
Term

Buying a new car

 

Value creating or value claiming?

Definition
Value claiming
Term

Both creating value and claiming value are intrinsic to the bargaining process.

 

True or false.

Definition
True
Term

If you expect to work with the same people in the future, it is best to use value claiming tactics.

 

True or false

Definition
False
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