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1、Management Skill Group Project,Negotiation and Persuasion,Group members :,Guan Yu Chen Li Qing Han Xu Ming Yang Jun Yi,Date: July 30, 2010,Ms. Juliet Chow and Mr. David Shum,City hotel apartment,DARE Development (DARE ),a Singaporean owned company is the owner of buildings 1, 2, 3, 4 and 5 in SUN Ci
2、ty, is selling buildings 1,2 & 3 which are currently part of a DARE Academy. The academy has been around for 10 years and is a reputable academy with a long history in SUN City. Negotiator: Mr. Alex,Seller,PAM Consortium (PAM ),American owned company. wanted to acquire and develop these buildings in
3、to a City Budget Hotel to cater specifically for foreign tourist. These buildings comprise of a library, a recreation area with a gym and an indoor basketball court. Negotiator: team leader (us ),Buyer,First Negotiation issue-Payment,PAM :spread out over 10 years at S$30million a year DARE: A yearly
4、 payment of S$ 60 million over 5 consecutive years,Second Negotiation issue-fees,DARE :PAM to perform all submission and fees payment of $10,000 to relevant authority for the approval to convert PAM :DARE to perform an overall building check to ensure that the building is safe for PAM to take over f
5、or renovation and additions for respective use. Total costs is $20,000,The third Negotiation issue-(responsibility for security and communication ),DARE :PAM to be responsible for the safety and security of the workers and nearby residents while renovation and additions works are underway. Proper sa
6、fety signage to be erected to warn people of impending work. Total cost is $50,000 PAM :DARE to invest time and money into providing awareness to the community of this new project. Local newspaper, radio and TV will be used as choice of communication. Total cost is $30,000,The process of negotiation,Yang Jun YI -Mr. Alex
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