Negotiation Exercise Guidelines With the representative from the other firm (manufacturer or Retailer) negotiate a distribution agreement. Part A-Group component (5%) In week 12, jointly hand in to your tutor the ‘Decision Sheet’ by filling in the final agreements you reach. This completes Part A (group component of this assessment 5%). The decision sheet form is done using blue or black pen. Both representatives sign on page 2 and submit hard copy to your tutor in the beginning of Week 12tutorial. No literature review is necessary for submitting this sheet. There is no need to turn-it-in. Assessment of Part A Marking of submitted decision sheets will be done based on how many sections of the sheet were completed during the negotiation. Full marks for all agreements reached and all sections completed, and the sheet signed by the both representatives. Pro rata marks if the sheet is partly complete. Part B-Individual Report(40%) Individually write a brief report to Head Office (your tutor) rationalising your decisions. This should be a specific justification of each concession and an explanation of the benefits gained as a result (rather than a vague philosophical treatise setting out reasons for retaining good relationships). This report (40%) is due in week 13 in the beginning of tutorial. The report should include:  An explanation of why you agreed to the result, i.e., what benefits are there for your firm in the long-run and short-run, the arguments made by the other party, the congruence or deviation from what you wanted and what you got.  Why you think the other party agreed.  An important part of your justification for the agreements is a quantitative evidence of associated benefits or costs to your firm. You must include in the discussion the monetary implications of your decisions.  You must include a statement of overall benefit/loss to your firm in an appendix.  You must provide theoretical support for your decisions using relevant B2B concepts. Read the text book thoroughly to pick relevant concepts. You also need to cite five articles from scholarly journals to support your decisions. The learning resources section includes a list of relevant scholarly journals. Submission requirements of Part B The Part B must be typed in report format using Times New Roman, size 12 with single line spacing. All referencing must be in Harvard style. The approx. length is 1500 words. References, diagrams etc. are extra. Your report must have a cover page with your student name and ID. An outline of the report is given below.  Name and student ID of your negotiation partner;  A copy of marking criteria and standards;  A short introduction presenting your goals and priorities; and your negotiation approach  Rationale behind the final agreements presented as separate sections for the agreements made; 1 Conclusion;  Reference list (containing at least 5 journal articles);  Appendices (if any) If you wish to insert any diagrams, you must place them in the Appendices section and they must not appear in the body of the report. The assignment should be submitted in hard copy in Week 13. There is no need to Turnitin. Assessment of Part B: Assessment will be based on the quality of both your decisions and the justifications of your decisions. The main emphasis is on the level of understanding of underlying concepts illustrated by the exercise as demonstrated by the report you will submit to Head Office justifying the agreement you reach with Sydney. Marking criteria and standards of Part B are included in the learning guide. A copy of the marking criteria and standards is also attached on the next page . Part C: Individual video of negotiated decisions (5%) Detailed instructions for preparation and submission is available on the vUWS. Video is due in week 14. Refer to the learning guide for the marking criteria and standards. 2Marking criteria and standards- Negotiation Exercise Part B CRITERIA STANDARDS Assessment and Identification of multiple issues of the manufacturer -retailer relationship e.g., participating firms’ situation, goals and priorities Does not identify the manufacture r-retailer relationship issues while negotiating agreements Very limited assessment and/or lack of identification of the manufacturer -retailer relationship issues while negotiating agreements Satisfactory assessment and identification of the manufacturer -retailer relationship issues while negotiating agreement s Good assessment and identificatio n of the manufactur er-retailer relationship issues while negotiating agreements Superior assessment and identificatio n of the manufactur er-retailer relationship issues while negotiating agreements while negotiating agreement s 0 1-2 3-4 5-6 7-8 Critically analyse negotiation issues using relevant theory and research No or minimal linking of B2B marketing concepts provided in justification of the decisions. Limited use of B2B marketing concepts/con cepts inaccurately used in justification of decisions Good use of B2B concepts but concepts superficially discussed in justification of decisions Very good linking of B2B concepts to justification of decisions Superior application of B2Bconcept s to justification of decisions 0 1-2 3-4 5-6 7-8 Reach agreements in negotiation exercise and provide Justifications of agreements No attempt to state the agreements reached in negotiation/t he agreements stated are not in line with the factors suggested in the exercise. No justification for the agreements provided. An attempt has been made at stating the agreements, but no specific decisions made under the agreements. Some justification for the agreements provided but there is no supporting analysis or evidence. An attempt has been made at stating the specifics of agreements. However there could be errors e.g., quantitative aspects of decisions. Satisfactory justification for the negotiation decisions supported by analysis and evidence Good attempt to state the negotiation agreement s. Good justification for the negotiation decisions supported by analysis and evidence Each agreement is a refined statement clearly indicating the specific decisions made. Superior justification for the negotiation decisions well supported by analysis and evidence. 0 1-2 3-4 5-6 7-8 3CRITERIA STANDARDS Use of negotiation exercise sources Limited use of provided sources Some use of exercise material Satisfactory use of exercise material Good use of exercise material Superior use of exercise material 0 1-2 3-4 5-6 7-8 Overall expression, choice of language, Layout, Spelling, grammar, referencing, and presentation Inadequate presentation Choice of language fails to make meaning clear. Text has many errors of referencing, spelling and grammar. Simplistic language. Presentation needs attention. Some errors in referencing, spelling and grammar Satisfactory report. Layout shows a clear and integrated writing across all parts of the report. Minor errors in referencing, spelling and grammar. An interesting report. Very good layout and minor spelling and grammar errors. Good intext citation and a diverse range of sources as reference material. Effective and engaging report. Excellent layout and no spelling and grammar errors. Sources are accurately identified and referenced in approved style. 0 1-2 3-4 5-6 7-8 Part C Student will be required to individually record a 3 minute video report on the negotiation outcomes, reporting as though they are addressing their boss. For detailed instruction for preparation and submission of the video read ‘Negotiation video submission guidelines’ file. Marking criteria and standards Part C CRITERIA STANDARDS Use verbal delivery that is suited to the audience and text Consistently uses excellent volume, tone and pace. Uses volume, tone and pace that is appropriate to audience and context Demonstrates limited use of volume and/or tone and/or pace that is appropriate to audience and context. 2.1-2.5 1.6-2.0 0-1.5 Make appropriate use of visual aids and media in verbal communication Consistently uses appropriate and good quality visual aids and/or media in verbal communication Makes some appropriate use of visual aids and/or media in verbal communication Uses an inappropriate number and/or quality of visual aids and/or media in verbal communication 2.1-2.5 1.6-2.0 0-1.5 4