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Find a cost effective solution
In a soap manufacturing company, they were making bathing soaps. The soap blocks were made and wrapped in a packaging paper automatically on an assembly conveyer belt and finally packed into cartons.
Many times it happened that the machine wrapped the paper without the soap. To rectify the problem, the company decided to buy an x-ray scanner for $50,000 to check on the assembly line whether the wrapper contained soap or not.
Can you help find a cost effective solution?
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Negotiation is an important life skill
Negotiation is also a game, the more you play and practice, the better you get. Learn and prepare negotiation to reduce anxiety. Like any other skill, it can be mastered.
· Negotiation skills are learnable · You need to know the concept & principles · You need to apply the principles & practice the game · You should get feedback after each negotiation to improve
Last but not the least, seek negotiation and don’t avoid it. When you do buy or sell an asset or join a new job, negotiations are part of the whole process. Prepare for negotiations and don't avoid.
Negotiation is an information game, a conversational dance where we exchange offers...back and forth…offers and counteroffers to benefit mutually.
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