Michael's Negotiation Strategies and Priorities

Michael engages in a negotiation where he rejects an initial offer and counters with a strategic analysis of the opposing company's situation. He presents demands that exceed the monetary offer, emphasizing the value of his team and the non-monetary aspects of business. The negotiation concludes with a final agreement that meets Michael's demands, highlighting the importance of understanding both financial and strategic elements in business negotiations.

What was Michael's reaction to the initial offer?

• He negotiated for a higher amount.

• He rejected it without hearing it.

• He accepted it immediately.

• He asked for more time to consider.

What was the second offer made to Michael?

• $15,000

• $10,000

• $12,000

• $20,000

How does Michael describe the other company's situation?

• They are merging with another company.

• They are losing clients and in a vulnerable position.

• They are stable and profitable.

• They are thriving and expanding.

What amount does Michael consider during the negotiation?

• $70,000

• $60,000

• $50,000

• $80,000

What does Michael prioritize over a large sum of money?

• A new business venture.

• A luxurious lifestyle.

• A stable job and consistent income.

• A high-risk investment.

What does Michael demand regarding his old job?

• A new office location.

• His old parking space and the removal of Charles.

• More vacation days.

• A higher salary.

Who does Michael want back despite their past issues?

• Angela and Kevin

• Stanley and Phyllis

• Jim and Dwight

• Pam and Ryan

What is Michael's perspective on business?

• It's all about making money.

• It's about building a strong team.

• It's not about money, but about starting anew if needed.

• It's about dominating the market.

What does Michael say he has no shortage of?

• Company names

• Employees

• Office supplies

• Investors

What is the final outcome of the negotiation?

• Michael starts a new company.

• Michael's demands are rejected.

• An agreement is reached.

• The negotiation is postponed.