Asked by Brycen Cluster on Jun 18, 2024

verifed

Verified

When Jim resigned from his position at a tech firm, the terms of his ownership remained unclear. He had some ownership in the company, but the company had grown significantly from the time when he originally negotiated the terms. He and the majority owner decide to meet to resolve their disagreement. Before the meeting they each outline their objectives and goals regarding the situation. At the beginning of the meeting, they set ground rules and expectations for the negotiations. According to the negotiation process outlined in your text, what should be their next step?

A) provide supporting evidence for their positions
B) bring in a consultant to study the problem
C) implement a third-party plan
D) write and sign a formal agreement

Supporting Evidence

Information or facts provided to support or validate a claim, theory, or argument.

Negotiation Process

A methodical approach to reaching a mutually acceptable agreement between two or more parties, involving communication and compromise.

Formal Agreement

A legally binding contract or arrangement between two or more parties that is documented and enforceable by law.

  • Recognize the steps involved in the negotiation process.
verifed

Verified Answer

VO
Viviane OduorJun 22, 2024
Final Answer :
A
Explanation :
After setting ground rules and expectations, the next step in the negotiation process is typically to provide supporting evidence for their positions. This helps each party understand the other's perspective and forms the basis for further discussions and potential compromise.