During FDM , we were given a case where both the company have intention to merge. In the seminar class, each of us is given a role and we need to carry out a meeting to discuss the partnership. I was given a role as the observer (i'm responsible to observe the way my group member discuss during the meeting and observe whether is there any conflict arises or difficulties in the process of arriving at an agreement.)
From my observation, some of the people tend to be dominant, and some of them tend to be more tolerated. Usually conflict will arises when one of the parties are not satisfy with the condition and terms. It is very fun to observe how people negotiate especially when my group members are arguing over small things.
As our lecturer said, negotiation skills are very important in the real world. It happens around us, not only for business purpose but also in our social life. A case in point is where should we go for the weekends or what should we eat for dinner. The best outcome is to have a win-win situation; however it usually does not happen in practical life. Normally there will be a party that will tolerate and accept the offer.
In the end, I think that this session is useful as it prepares for our future. Although it will be more complicated in the real life and we are just given a simple case to discuss. However, I am able to get the feel before I enter into the working life.
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