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Role Play

Conduct this one-to-one negotiation with your partner.

Student A

You are the Purchasing Manager at a pharmaceutical company in Oslo. You’re negotiating a deal with an engineering company in Budapest. You desperately want to buy some equipment from them that will enable you to package your products. The terms of the negotiation are listed below. Your task is to get twelve stars or more. You begin the negotiation.

Student B

You are the Marketing Manager at an engineering company in Budapest. You are negotiating a deal with a pharmaceutical company in Oslo. You have a cash flow problem and very much need to sell some packaging equipment you have produced that will enable the pharmaceutical company to package their products. The terms of the negotiation are listed below. Your task is to get twelve stars or more.

Student A

PRICE

*** $15,000 or less

** $15,000-$17,500

* more than $17,500

PAYMENT

*** 90-day credit

** 60-day credit

* 30-day credit

DELIVERY DATE

*** at the beginning of next month

** by end of next month

* in two months

TRAINING

*** two-day training in Oslo by their staff

** one-day training in Oslo by their staff

* one-day training in Budapest by their staff

DELIVERY COSTS

** to be paid by them

* to be paid by you

MAINTENANCE

*** less than $ 500

** $500-$1,100

* $1,100 or more

WARRANTY

*** 36 months

** 24 months

18 months or less

Project X

Schedule for Phase 1: January 10 – March 31

Projected

Situation at March 24

Production/ materials costs

$125,000

$130,000 spent, no further expenses expected

Travel/ accommodation costs

$10,000

no travelling has been necessary

Number of man hours required

300

400, projected costs based on tree people working, fourth person needed to help with technical problems

Phase 1 completion deadline

March 31

probable completion May 31; unexpected technical problems

Student B

PRICE

*** $19,000 or more

** $17,000-$19,000

* less than $17,000

PAYMENT

*** on singing contract

** 30-day credit

* 60-day credit

DELIVERY DATE

*** in the tree months

** in two months

* by end of next month

TRAINING

*** one-day training in Budapest by your staff

** one-day training in Oslo by your staff

* two-day training in Oslo by your staff

DELIVERY COSTS

** to be paid by them

* to be paid by you

MAINTENANCE

*** $2,000 or more

** $1,000-$2,000

* less than $ 1,000

WARRANTY

*** 12 months

** 18 months

* 24 months or more

C.

Summarize the information of the Unit to be ready to speak on Accounting. Use the following prompts as a plan:

  • definition of accounting;

  • types of accounting;

  • information accounting provides business entities with;

  • the difference between accounting and bookkeeping;

  • the accounting system;

  • the main functions of accounting;

  • means of creating accounting information;

  • users of accounting information and their interests in business;

  • main business statements;

  • the meaning of the fundamental accounting equation;

  • groups of accountants.

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