Multi-party negotiations and groupthink.

Explore the complexities that occur with multi-party negotiations and groupthink. Address the following points.

Describe two-party, coalitions, and multi-party negotiations.
Within your description, include a real-life example of how these types of negotiation are used in the business world.
Describe the social complexities of the Space Shuttle Challenger explosion. Please start by reviewing Figure 13.1
What is "groupthink," and how did it affect the Challenger?
Make sure you include your source used for this portion of your research.
What do you think you would have done if you were in that Challenger meeting?

Full Answer Section here are the answers to your questions: Two-party, coalitions, and multi-party negotiations
  • Two-party negotiations are negotiations between two parties. This is the simplest type of negotiation, and it is often used in business settings. For example, a company might negotiate a contract with a supplier in a two-party negotiation.
  • Coalitions are groups of parties that form an alliance to negotiate with another party. This type of negotiation is often used in political settings. For example, a group of countries might form a coalition to negotiate with a terrorist organization.
  • Multi-party negotiations involve more than two parties. This type of negotiation is often used in international settings. For example, a group of countries might negotiate a treaty in a multi-party negotiation.
Sample Answer Sure, here are the answers to your questions: Two-party, coalitions, and multi-party negotiations In two-party negotiations, there are only two parties involved in the negotiation process. This type of negotiation is often used in business settings, such as when a company is trying to negotiate a contract with a supplier. Coalitions are groups of parties that form an alliance to negotiate with another party. This type of negotiation is often used in political settings, such as when a group of countries form a coalition to negotiate with a terrorist organization. Multi-party negotiations involve more than two parties. This type of negotiation is often used in international settings, such as when a group of countries negotiate a treaty. Real-life example of how these types of negotiation are used in the business world One real-life example of how these types of negotiation are used in the business world is the negotiation between Apple and Samsung over the design of the iPhone. Apple originally filed a lawsuit against Samsung, alleging that Samsung had copied the design of the iPhone. Samsung denied the allegations, and the two companies eventually agreed to a settlement. The negotiation between Apple and Samsung was a two-party negotiation. However, it is also possible that Apple and Samsung formed coalitions with other companies. For example, Apple may have formed a coalition with other smartphone manufacturers who were also concerned about Samsung's copying of their designs. Social complexities of the Space Shuttle Challenger explosion