Contract & Purchase Negotiation
Gambits to Look Out For
You are negotiating a major contract with the federal government for a G.P.S. Navigation system that only your company makes. The product has been battle tested in numerous actual war time conditions during the past few years. You are the lead negotiator for your company. You know that the individual representing the U.S. Government is adept at saving the government money on acquisitions of high tech equipment that companies like the one you represent make.
Write a two to three (2-3) page paper in which you:
Discuss the critical behaviors that you should be mindful of during the negotiating process with the industry members in the scenario. Justify your response.
Compare the fundamental differences between negotiating contracts with the federal government and a personal negotiation in which one is purchasing a new home or a new car.
Discuss five (2) skills mentioned in Chapter 26 in the text that you believe would be critical for your success negotiating contracts with the federal government. Provide support for your rationale.
Use at least three (3) quality resources in this assignment.
The specific course learning outcomes associated with this assignment are:
Describe the skills and behavior needed for effective negotiations
Distinguish contracts and purchasing negotiation activities.
Use technology and information resources to research issues in contracting and purchasing negotiation techniques.
Write clearly and concisely about issues in contracting and purchasing negotiation techniques.
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