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Case Study On Negotiation
Case Study On Negotiation
Presentation
Team Innovation
Serial Name ID
No.
01 Tania Akter 29
02 Md.Masud 30
03 Sahanaz Rekha 64
Negotiation
Negotiation means the process of discussion between
parties in order to reach an agreement.
Preparation
The
Opening
Agreement Negotiation Session
Process
Discussion
Important Literature on Negotiation
BATNA
WATNA
RP
ZOPA
Case Study
Prime Textile Ltd is an 100 % export oriented company from Bangladesh.
The company has quoted to sell high quality T-Shirt $ 10 per pcs on
Alibaba.com.
The got two responses for the same. But due to limited production capacity,
Prime Textile have to select the best options from the followings,
1. H & M offered $ 7.8
2. Levis is interested for $ 7.5
The management of Prime Textile calculated that if they must have to sell
the product more than $ 8 to earn minimum profit. So they decided to wait
for better options. Three more companies offered them a few days later.
3. Wall-Mart will pay $ 8.5
4. GAP is ready to give $ 8
5. American Eagle will buy at $ 7
Finally Prime Textile made an agreement with Wall-Mart to
export T-Shirts at $ 8.5
Findings & Analysis