Week 3 Assignment
Leveraging Power from BATNA
Review the Learning Exercise: Unhappy Co-Owners (below) and address the following:
Assuming your Best Alternative to a Negotiating Agreement (BATNA) is letting a court sell the property, discuss how it may help you reach an agreement. Recommend other strategies that you could use to accomplish a successful negotiation.
Discuss your power sources and your co-owner’s power sources in this negotiation, and analyze how you can strengthen your power position.
Propose a logical and an emotional argument to persuade your co-owner to agree to a deal.
Describe a nonverbal communication technique that you will use to persuade your co-owner that your proposal is a win-win proposition.
Describe a threat you can make that would force your co-owner to make concessions.
Best Alternative to a Negotiated Agreement (BATNA)
PPA605 Negotiation, Bargaining & Conflict Management
Best Alternative to a Negotiated Agreement (BATNA)
Drawing on information available in the learning exercise it is clear that only a litigation can help solve the contentious...
The exchange system in any country widely focuses on the exchange of one currency for another as well as the conversion of one currency into another currency. Moreover, the exchange system can also refer to the global market where currencies are traded virtually around the clock.
Question 1
Fixed exchange rate system
Often in the fixed exchange rate system, the government through the central bank has the power and the mandate to control the official exchange rate to another country’s currency. As a result, all other banks and agencies conducting the foreign exchange should follow the rules and regulations laid down by the central bank. The main purpose of this exchange rate system is to assist the country in maintaining the value of their currency.
Floating exchange rate system
Floating exchange rate system is a system where the value of a country’s currency value is determined by the forces of demand and supply in the market. As a result, the government has no power or...
Topic 1: Macroeconomic Stabilization Policy
Stabilization policy is the use of government policy to reduce the severity of recessions and harness in excessively strong expansions. The government manages macroeconomic fluctuations (manage business cycles) in order to lessen the economic pain of recessions and tame inflation.
By coordinating monetary and fiscal policy, the Federal Reserve Bank Chairman, Ben Bernanke, and U.S. Treasury Secretary, Henry Paulson, responded to the financial crisis by intervening in financial markets in unprecedented ways in 2008.
Discussion Checklist:
A. Do you think this intervention was necessary?
B. What are the consequences of this intervention?
C. What might have happened if they had not intervened?
Topic 2: Debates on the U.S. Tax System
There is always debate regarding the structure of the current income tax system in the U.S. Many opponents of the current system argue that under its current structure, many wealthy households are able to avoid taxes and for most households, the tax system is simply too complicated and confusing. One solution that has been proposed is...
Question 1
Some of the notable advantages of SETI are:
It helps in detecting astronomical phenomena and not only the artificial signals from extra-terrestrial sources.
The universe is likely to benefit from the interstellar exchange for humans rather than for human interlocutors.
SETI also signals human maturation as a species, as people guide their search strategies by both cosmocentric and intergenerational ethics.
Question 2
One of the major projects of the SETI is the Galaxy Zoo: Hubble which is the latest version of the original zooniverse project. The primary goal of this project is to help astronomers figure out how galaxies form and evolve through classification of their shape. All interested parties who want to participate in this project have to run a program called SETI@ home which uses the computer when it is idle to process data and look for radio telescope signals around the world and analyze the signals for signs of intelligent life (Silvertown, 2009).
Question 3
Audubon’s Christmas bird count is the...
Assignment: Monetary Policy and Fiscal Policy
Student Name:
In this Assignment, you will compute the required reserves and excess reserves using bank deposit data. You will also analyze the impacts of fiscal policy and monetary policy on the economy.
Instructions: Answer all of the following questions. You are required to follow proper APA format. Read the Criteria section below for more information before you begin this Assignment.
In this Assignment, you will be assessed on the following outcome:
MT445-5: Examine how fiscal and monetary policies affect the U.S. economy.
Determine whether each of the following is counted in the M1 measure of the money supply:
The coins in your piggy bank.
Yes the coins in my piggy bank will definitely be counted in the M1 measure of the money supply.
The funds in your checking account at First National Bank.
Yes, the funds in my checking account at first national bank will be part of the measure of money supply.
The funds in your savings account at...
Question 1
Despite the differences in the creation and the evolution theory, they all try to explain the origin of the earth and the life in it. While the evolution theory was developed and is provided by scientists, the creation theory is provided in the sacred books such as the Bible. Some of the various evidence for evolution include:
Ancient organism remains – mainly found by Sir Charles down, these remains show the existence of an early life in the old world.
Fossil layers – fossil layers often form the sedimentary rocks.
The similarities among the living organisms – this similarity are a clear indication that living organisms came from a few common ancestors and changed to adapt to their new environments(Skinner, 2015).
Similarities of embryos – embryos of many different kinds of animals look very similar, and it is often difficult to tell them apart.
Question 2
Various disciplines such as biology, astronomy, physics and cosmology clearly show the existence of intelligent...
Topic 1: question 1
Most are the times that culture and science do not agree on several issues and the only way forward is to find a compromise between the two given the fact that they are both important to the human race. In the first case, I feel like the local tribes should be given a chance to bury the remains of their ancestors widely referred to as Kennewick Man primarily because culture is so dear to the Indians and it is a sign of respect to the ancestors. The bones should be reburied by the concerned tribes. On the other hand, I feel that it is not necessarily important to return some of the artifacts and bones to their original countries, mainly because by being preserved in other countries, opens a door and a platform for other cultures and people to understand the culture of that particular region.
Question 2
Some of the criteria that should be added to ensure that...
Buying a House
Imagine you are a public administrator who has just been promoted to a higher position but must relocate to another city and purchase a different home. Using the five distributing bargaining skills, present the steps and various aspects you would consider implementing in buying a house. Be sure to address the following:
Analyze the bargaining situation and whether it is distributive. If so, determine the reservation price.
Present the initial offer you would make and apply bracketing to achieve your target price of $310,000.
Indicate and frame the norms you would utilize in presenting your initial offer.
BUYING A HOUSE
This short paper seeks to analyze and discuss distributive bargaining that requires home purchasing through a fictitious scenario. Aspects such as target price, bracketing and initial offer are required to determine the bargaining situation that would determine the reservation price. Presentation of the bargaining sequence is done while considering the role of norms and framing. The negotiation methods, as well...
Assignment: AD, AS, Unemployment and Inflation
In this Assignment, you will examine factors that affect Aggregate Demand (AD) and Aggregate Supply (AS). You will compute the rates of inflation using the U.S. Consumer Price Index (CPI) and then examine how the results impacts nominal interest rates, inflation, disinflation, and deflation.
Instructions: Answer all of the following questions. You are required to follow proper APA format. Read the Criteria section below for more information before you begin this Assignment.
In this Assignment, you will be assessed on the following outcome:
MT445-4: Examine how U.S. macroeconomic indicators are used to gauge economic health.
Assignment: AD, AS, Unemployment and Inflation
In this Assignment, you will examine factors that affect Aggregate Demand (AD) and Aggregate Supply (AS). You will compute the rates of inflation using the U.S. Consumer Price Index (CPI) and then examine how the results impacts nominal interest rates, inflation, disinflation, and deflation.
Instructions: Answer all of the following questions. You are required to follow proper APA format. Read...
PPA605 - Week 1 - Assignment
House for Rent
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. You must address the following:
Describe the interested parties and their prospective goals in this negotiation.
Analyze the parties’ dependencies and motivations and propose four options in this negotiation so that all parties’ goals are met.
Discusses a bargaining behavior of a skilled negotiator that would be most advantageous to...
