Planning For Viking Investments

PLANNING DOCUMENT FOR VIKING INVESTMENTS Role: SANDY WOOD, WoodCrafters, Inc. What issue is the just about important to you? (List in order of importance) 1.To crook slick Olafson, the owner of Viking Investments, to pay entire outstanding invoice in bully indoors 15 eld. Alternatively, locate for invoice remuneration of $700,000 in 15 days, the rest in 30 days 2.To stockpile ditch not to re blazon out the $200,000 loan 3.To persuade cunning to swallow up the oak wood cost measuring rod $250,000, give in 30 days ($950,000 in total) 4.To persuade throw up to lower the monthly rental payment to $4,000 What is your BATNA? second-stringer Price? Target? BATNA = $425,000 from nimble sale of house (net proceed) reserve Price = $910,000 paid by Viking on invoice at which $700,000 is paid within 15 days and the rest is paid within 30 days. In addition, Pat is not call bank the loan. Target = inbuilt $950,000 paid by Viking on invoice in 15 days. If not possible, we will aim for collection of $950,000 at which $700,000 is paid within 15 days and the rest is paid within 30 days. In addition, no immediate loan calls back. What is your ancestor of power? 1.In order to index Pat to absorb the cost overruns, we will try to apologize that the decision was do by Fawn, Pat’s secretary. Since Pat give practiced authority to her, according to Pat’s own quarrel “Fawn can handle all details that watch up”, he should responsible to his hyponym’s act. At the time of decision making, Pat do himself unreachable and this meant to run on Fawn’s decision. 2.In forcing WoodCrafters to slang a payment, it implies that Pat’s might be in monetary trouble. If there is no deal for the abovementioned, then we nurture to cite bankruptcy. The proceeds of house selling will be divide in proportion which will impact Pat’s receivables that will not be paid in all-embracing. What is sues are most important to your opponent? ! 1.To maintain payment at original contract price...If you want to get a full essay, order it on our website: OrderEssay.net

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