You have been relocated by your employer to a new city for an assignment that will probably last for two years…….
You have been relocated by your employer to a new city for an assignment that will probably last for two years. You do not want to sell your home, a four-bedroom, two-bath Tudor, so you decide to rent it. A friend of yours in real estate has a potential lessee for you to meet. He is a 30-something, single doctor beginning a two-year residency in the local hospital. You have some concerns about a single guy living in your house and taking care of it the way you would, but you agree to meet with him and possibly negotiate a lease.
Answer these questions (Academic answer, thinking process, relevant examples and referencing needed).
Q1: Who are the interested parties in this negotiation and what are their prospective goals?
Q2: What are five options you are willing to propose in this negotiation so that all parties’ goals are met?
Q3: Which bargaining style would be most advantageous to you in this negotiation?
Q4: What are the collaborative goals in this negotiation?
Q5: Have you gone into this negotiation with a cognitive bias? If so, explain?
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