business negotiation course- ethics in negotiations
In other words it could also be said that the members belonging to such parties face the problem of weakness of the will . Any individual , no matter what his background is , can fall for such temptations which bound him to compromise on ethical norms They are myriad chances that we come across such negotiators who believe that concealing the true information from the opponent party are the true elements of negotiation , therefore they would mislead their opponent at every possible chance . But there are others as well who believe that even if

the deception is unnoticeable , it can be costly Once the negotiator loses his reputation , it is difficult to gain it back which could lead to an immense hindrance in the future business deals
During the negotiation process it is likely that one party would have information to a greater extent than the other party . For example if a party is selling a second hand good to a potential buyer , it is the selling party who would know the exact information about the good and not the buyer , that is the seller would know the flaws of the good . It would be the seller 's choice to deal the negotiation through ethical means or not . If the seller portrays the good as a flawless object he could sell it at higher price but it would be an unethical way of carrying out a negotiation . The higher the quality of the good being sold , the higher the price the buyer would be willing to pay . Such situations can be really tempting for the seller to use some aspect of deception . But on the other hand if the other party in the negotiation that is the buyer , is smart , he would notice the incentive the seller would have to cheat . That...
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