Analysis of Conflict and Negotiation Techniques in Business Report

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This report provides an in-depth analysis of conflict and negotiation within a business context. It begins by defining conflict, outlining its stages, and discussing the potential consequences, both positive and negative. The report then transitions to the concept of negotiation, detailing its types, including managerial, commercial, and legal negotiation, and highlighting the role of third-party involvement, such as mediators, arbitrators, conciliators, and consultants. The report references various academic sources to support its findings, providing a comprehensive overview of conflict resolution and negotiation strategies essential for effective business operations. This report is designed to aid in understanding and managing conflicts to achieve desired outcomes.
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NEGOTIATION
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CONFLICT
Conflict is a process which begins when one party
eventually perceives the other and due to this, any of the
party gets negatively affected.
Each and every business organisation faces the problem of
workplace conflict and they have to take relative steps in
order to solve them as soon as possible to maintain and
promote harmony in the firm.
Some of them has been discussed as below:
Incompatibility of goals and objectives
Difference in the interpretation of facts and figures
Major disagreement which is generally based on the
behaviour expectations
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Different stages in the conflict process
Stage I: Potential opposition
Communication
Structure
Personal variables
Stage II: Cognition and personalisation
Perceived conflict
Felt conflict
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Stage III: Intentions
Competing
Collaborating
Compromising
Avoiding
Accommodating
Stage IV: Behaviour
Conflict management
Continued...
Stage V: Outcomes
Increase in group
performance
Improvement in quality
of decisions
Provision for problem
solving
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Positive consequences OF conflicts
Positive consequences relating to conflicts lead towards
new ideas, growth and development.
Generally, it affects innovation and creativity process in
the business venture.
Motivates change and focuses on new approaches as well
as the ideas.
Promotes effectiveness in the organisation.
Serve as a safety valve for indicating problems and
bringing the same in front of everyone so that best
decision can be taken into consideration.
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NEGOTIATION
Negotiation can be defined as a process where two or more
parties generally exchange goods and services and make a
positive attempt to agree the same on exchange rate which
is accepted by the both the parties.
Further, negotiation is also considered as a settlement
between two or more parties who generally intended to
reach towards a common beneficial outcome.
With this process, people generally focuses on setting
down the differences and also disputes within the business
enterprise
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Types of negotiation in business organisation
The types of negotiation strategies has been divided into three
major categories and the description of the same has been
given down under:
Managerial negotiation
Commercial negotiation
Legal negotiation
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Third party negotiation
Different parties who are the part of the same and the role of
these third parties has been discussed down under:
Mediator
Arbitrator
Conciliator
Consultant
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REFERENCES
Zeitoun, M., Mirumachi, N. and Warner, J., 2011. Transboundary
water interaction II: The influence of ‘soft’power. International
Environmental Agreements: Politics, Law and Economics. 11(2).
pp. 159-178.
Brinkert, R., 2010. A literature review of conflict communication
causes, costs, benefits and interventions in nursing. Journal of
Nursing Management. 18(2). pp. 145-156.
Themnér, L. and Wallensteen, P., 2014. Armed conflicts. 1946–2013.
Journal of Peace Research. 51(4). pp. 541-554.
Redpath, S.M. and et.al., 2013. Understanding and managing
conservation conflicts. Trends in Ecology & Evolution. 28(2). pp.
100-109.
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THANK YOU
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