To obtain the particular land required for expansion, as specified by Four-Star industries by conducting the required transactions with the other three subsidiary key Staff Group. All lots are nominally priced at $10,000 each. However, each subsidiary is free to set whatever value on its desires. The subsidiaries include; Kenmore company, Middlebrook Park Company, Trader Bay Company, and Craftsman Company, which is the subsidiary that I work with.
WHAT DID YOU HOPE TO ACHIEVE IN THIS NEGOTIATION?
Craftsman Company has the ownership to lots A, B, M, L. they will need to acquire lots M, N, O, P to obtain the desired configuration, but if they fell short of the desired configuration, the minimally acceptable alternative lots are D, H, L, P. so, my group aim is to achieve the desired configuration for our business expansion.
WHO COULD NOT MAKE A DEAL?
Craftsman Company, and Trader Bay Company made a deal, while Middlebrook Park Company, and Kenmore could not make a …show more content…
Trader Bay Company needed our Lot B, to obtain their desired configuration, while Craftsman Company need their lot P, to get their desired configuration. The deal was so easy, as both parties swapped the lots to get the desired configuration.
Middlebrook was another party that shared a common plot with Craftsman, the lot M is required by both parties in order to obtain their desired configuration, and that made our deal more difficult, as one party will have to settle for minimal acceptable alternative or else, there will be no deal. They offered lot O to Craftsman, the said lot, was from a deal that they made with Kenmore Company. We traded our lot A, for their lot O. Then, we paid $20,000 for lot N, in order to obtain our desired lot, while holding out to sell lot L, which bring our total lots to