Exam 3: Distributive Negotiation: Slicing the Pie

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The equity rule states that ________.

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The strategy of making one's first offer one's final offer is known as ________.

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Which of the following is a negotiation method in which parties avoid escalating conflict to reach mutual settlement within the bargaining zone?

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Negotiators who focus on their target points do better in terms of slicing the pie but these negotiators do not feel as satisfied as negotiators who focus on their reservation point or BATNA.This is known as the ________.

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Robert is negotiating a contract.In which of the following situations is it appropriate for Robert to reveal his reservation point?

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The party who ________ obtains a better final outcome.

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In a positive bargaining zone,the most the buyer is willing to pay is greater than the least the seller will accept.

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Which of the following is an instance of the application of the needs-based rule?

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Once you have offered a concession,you should wait for the counterparty before making further concessions.This conclusion rests on which of the following assumptions?

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It is an almost universal norm that concessions take place in a quid pro quo fashion,meaning that negotiators expect ________.

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Discuss the significance of procedural justice during negotiation.

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Which of the following is known as an anchor point?

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The free market system in the United States is an example of the ________ rule.

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Negotiators often use one of three fairness principles when it comes to slicing the pie.Which of the following is one of these three principles?

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Discuss the guidelines for distribution of resources.

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It is appropriate for negotiators to reveal their true reservation price if they trust and like the other party or desire a long-term relationship.

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It is to a negotiator's advantage to set a high,somewhat difficult aspiration point early in the negotiation.

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The total surplus of the two negotiators adds up to the size of the ________ surplus.

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Lewicki and Stark identified five types of behavior that some consider to be unethical in negotiations.One of them is traditional competitive bargaining.Which of the following is an example of traditional competitive bargaining?

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Since a BATNA is based on subjective factors,it is usually not verifiable.

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