Richard is the negotiator in a business deal between Sumitama Industries and Motocop Industries. What are the traits that Richard must have to successfully negotiate this deal?
What will be an ideal response?
To be a good negotiator, Richard must have patience and endurance. Even after long hours of discussions, he should have the stamina and willingness to continue until an agreement is reached. Also, he should be willing to take risks and able to tolerate ambiguity because it is necessary to both accept and offer concessions during the meeting without complete information.
You might also like to view...
Cloud computing means that archives-including music and movie files, photos, and documents-are stored on massive remote servers and data centers rather than on individual users' computers
Indicate whether the statement is true or false
An auditor determines that there is an inherent risk that a company has not included both the basic earnings per share and diluted earnings per share amounts in financial statements even though significant dilutive securities are part of the company's complex capital structure. This determination is most likely tied to which of the following management assertions?
a. Valuation. b. Presentation and disclosure. c. Rights and obligations. d. Existence.
Use this inventory information for the month of August to answer the following question. Aug. 1 Beginning inventory 10 units @ $130 5 Purchase 60 units @ $122 14 Sale 40 units 21 Purchase 30 units @ $126 31 Sale 28 units Assuming that a perpetual inventory system is used, what is ending inventory on a FIFO basis?
A) $3,904 B) $3,984 C) $4,024 D) More information is needed.
Incoterms rules are
a. a series of three-letter codes used in international contracts for the sales of goods. b. trade agreements promoting common policies among member states. c. a series of laws designed to make international contracts more uniform and predictable. d. rules outlining when the power of one nation can impose its laws in other countries.