🤨Advanced Negotiation

Unit 1 – Negotiation Fundamentals: Key Concepts

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Unit 2 – Game Theory in Strategic Negotiations

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Unit 3 – Psychological Persuasion in Bargaining

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Unit 4 – Distributive Negotiation Strategies

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Unit 5 – Integrative Negotiations: Win-Win Strategies

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Unit 6 – Multi-Party Negotiations & Coalitions

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Unit 7 – Cross-Cultural Negotiations in Global Business

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Unit 8 – Power Dynamics in Negotiation

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Unit 9 – Complex Negotiations: M&A and Joint Ventures

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Unit 10 – Dispute Resolution: Conflict Management

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Unit 11 – Ethical and Legal Aspects of Negotiations

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Unit 12 – Negotiation Simulations & Case Studies

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Unit 13 – Developing Your Negotiation Style & Skills

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Unit 14 – Technology in Negotiations: Virtual Bargaining

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What do you learn in Advanced Negotiation

Advanced Negotiation covers strategies for complex business deals, conflict resolution, and international negotiations. You'll learn about game theory, psychological tactics, and cultural differences in negotiating styles. The course dives into power dynamics, ethical considerations, and how to handle multi-party negotiations. It also explores digital negotiation techniques and ways to build long-term relationships through negotiation.

Is Advanced Negotiation hard?

Advanced Negotiation can be pretty challenging, especially if you're not used to high-pressure situations. The concepts aren't too tough, but applying them in real-time simulations can be intense. Most students find the role-playing exercises and case studies demanding, but also super rewarding. It's not impossible, but you'll definitely need to bring your A-game.

Tips for taking Advanced Negotiation in college

  1. Use Fiveable Study Guides to help you cram 🌶️
  2. Practice negotiation scenarios with friends or classmates
  3. Stay updated on current business news for real-world examples
  4. Record yourself during mock negotiations to improve your technique
  5. Focus on understanding BATNA (Best Alternative to a Negotiated Agreement)
  6. Watch "The Negotiator" movie for a dramatic take on negotiation tactics
  7. Read "Getting to Yes" by Roger Fisher and William Ury for practical strategies

Common pre-requisites for Advanced Negotiation

  1. Introduction to Business: This course covers fundamental business concepts, organizational structures, and basic management principles. It provides a solid foundation for understanding the context of negotiations in business.

  2. Principles of Management: This class explores different management theories, leadership styles, and decision-making processes. It helps students understand the organizational dynamics that influence negotiations.

  3. Business Ethics: This course examines ethical issues in business practices and decision-making. It's crucial for understanding the moral implications of negotiation strategies and tactics.

Classes similar to Advanced Negotiation

  1. Conflict Resolution: This course focuses on strategies for managing and resolving disputes in various settings. It covers mediation techniques and collaborative problem-solving approaches.

  2. International Business: This class explores global business operations and cross-cultural management. It includes topics on international trade negotiations and cultural differences in business practices.

  3. Organizational Behavior: This course examines human behavior in organizational settings. It covers topics like group dynamics and interpersonal communication, which are crucial in negotiations.

  4. Business Communication: This class focuses on developing effective written and oral communication skills for business contexts. It includes persuasive writing and presentation techniques useful in negotiations.

  1. Business Administration: Focuses on overall business management and operations. Students learn about finance, marketing, and strategic planning alongside negotiation skills.

  2. International Relations: Concentrates on global politics, diplomacy, and cross-cultural communication. Negotiation skills are crucial for careers in diplomacy and international organizations.

  3. Law: Involves the study of legal systems, regulations, and advocacy. Negotiation is a key skill for lawyers in various fields, from corporate law to family law.

  4. Psychology: Explores human behavior, cognition, and social interactions. Understanding psychological principles is crucial in negotiation strategies and tactics.

What can you do with a degree in Advanced Negotiation?

  1. Business Consultant: Advises companies on strategy, operations, and problem-solving. Often involves negotiating with clients and mediating between different departments or stakeholders.

  2. Labor Relations Specialist: Manages relationships between employers and employees. Negotiates contracts, handles grievances, and works to prevent or resolve labor disputes.

  3. Diplomat: Represents their country's interests in international affairs. Negotiates treaties, trade agreements, and resolves conflicts between nations.

  4. Mergers and Acquisitions Specialist: Facilitates the buying, selling, and combining of companies. Negotiates complex deals and navigates the financial and legal aspects of corporate transactions.

Advanced Negotiation FAQs

  1. How much role-playing is involved in the course? Most Advanced Negotiation courses involve a significant amount of role-playing exercises. These simulations help you practice negotiation techniques in realistic scenarios.

  2. Can I take this course if I'm not a business major? Absolutely! While it's often part of business programs, negotiation skills are valuable in many fields. The course is usually open to students from various majors.

  3. Will this course help with personal negotiations, like salary talks? Definitely. The skills you learn in Advanced Negotiation can be applied to both professional and personal situations, including salary negotiations and conflict resolution in relationships.



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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.