BX2061 - Business Negotiation

This subject exposes participants to the art of negotiation in the business environment. It utilises practical exercises, role plays and case studies to illustrate strategies and tactics employed in negotiations. There is a focus on recognising distributive negotiation and integrative bargaining both in the students' personal lives and within the business workplace. Furthermore the subject leads students into the field of cross cultural negotiations and ethical considerations.

Learning Outcomes

• Demonstrate a comprehensive knowledge of business negotiation necessary for successful negotiations in a business environment;
• Display skills and abilities necessary for engaging successfully in negotiations in a variety of business settings;
• Demonstrate the ability to select appropriate strategies and tactics for a particular negotiation, planning for a negotiation, and implementing strategies and tactics;
• Develop an understanding of the ethical and cross-cultural issues in negotiations;
• Present an understanding of the importance to think innovatively and creatively in business negotiations so as to reach mutually satisfactory outcomes.

Graduate Qualities

• The ability to adapt knowledge to new situations;
• The ability to think critically, to analyse and evaluate claims, evidence and arguments, and to reason and deploy evidence clearly and logically;
• The ability to evaluate that information;
• An understanding of the economic, legal, ethical, social and cultural issues involved in the use of information;
• The ability to select and organise information and to communicate it accurately, cogently, coherently, creatively and ethically;
• The acquisition of coherent and disciplined sets of skills, knowledge, values and professional ethics from at least one discipline area;
• The ability to reflect on and evaluate learning, and to learn independently in a self directed manner;
• The ability to speak and write clearly, coherently and creatively;
• The ability to communicate effectively with a range of audiences;
• The ability to lead, manage and contribute effectively to teams;
• The ability to work with people of different gender, age, ethnicity, culture, religion and political persuasion;
• The ability to use online technologies effectively and ethically.

Note: Minor variations might occur due to the continuous Subject quality improvement process, and in case of minor variation(s) in assessment details, the Subject Outline represents the latest official information.