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Table of contents
- Texoil negotiation essay in 2021
- Texoil negotiation planning document
- Texoil negotiation solution
- The negotiation
- Texoil negotiation pdf
- Texoil negotiation batna
- Texoil negotiation exercise
- Texoil negotiation essay 08
Texoil negotiation essay in 2021
Texoil negotiation planning document
Texoil negotiation solution
The negotiation
Texoil negotiation pdf
Texoil negotiation batna
Texoil negotiation exercise
Texoil negotiation essay 08
What happens if Texoil builds a station without them?
My contention was that if Texoil built a station without them, it would be both risky and potentially unsuccessful.
What was the key to the Texoil case?
Value based pricing was going to be the key, I thought, from the moment I looked at the Texoil case as the service station owner. From my perspective, the owners not only owned the station, but had acquired a loyal customer base. They had knowledge of the regional environment. They themselves were part of the reason the station was successful.
What was my main objective in the Texoil negotiation?
For the Texoil negotiation, I was in the role of the Service Station Owner. As such, my main objective was to sell the station and get the best possible agreement. My BATNA was $400,000, which represented an offer from British Petroleum and my resistance point was $413,000 after tax, which represented the cost of my trip.
How big of a stake do you need for Texoil?
I said at that level we’ll need a 20% stake. We went back and forth and landed on $450k, 15% stake, and 40 hours of work between the two of us upon returning from the vacation. Learning About Self I believe I showed a couple key strengths in this negotiation.
Last Update: Oct 2021