In Negotiation What Best Describes Batna?
The Best Alternative to a Negotiated Agreement (Batna) Is the Course of Action That a Party Engaged in Negotiations Will Take If Talks Fail, and No Agreement...
The best alternative to a negotiated agreement (BATNA) is the course of action that a party engaged in negotiations will take if talks fail, and no agreement can be reached.
What best describes BATNA?
BATNA is an acronym that stands for Best Alternative To a Negotiated Agreement. It is defined as the most advantageous alternative that a negotiating party can take if negotiations fail and an agreement. ... In other words, a party's BATNA is what a party's alternative is if negotiations are unsuccessful.
How do you identify a BATNA?
Determining Your BATNA
- develop a list of actions you might conceivably take if no agreement is reached;
- improve some of the more promising ideas and convert them into practical options; and.
- select, tentatively, the one option that seems best. [4]