Read the paragraph and answer the questions with your own opinion
Completion requirements
You are under contract with your current organization for one year, at a time you have been offered a renewal contact that will commence three months from now, However by the terms of the offer, you must accept it within the next ten days or it will be revoked. You are virtually certain that this will be the last year of work available for this employer, because it is experiencing financial difficulties. You have a great potential position pending with another employer. Al though the organization’s authorized representative has indicated that you are the top candidate, there is no formal offer is likely to materialize for at least thirty days.
- How should those options affect each party’s negotiation strategy?
- What options does each parties have? And which option you will select, Illustrate your opinion.
- What are the negotiation strategy or role or decision you do? Please briefly state.
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