Negotiation Oops - You are part of a team that submitted a proposal

Negotiation Oops

• You are part of a team that submitted a proposal that may land your firm a lucrative contract. You are in the final stages of negotiation and you realize that your firm has made a critical mistake in their proposal. The mistake will severely limit their ability to deliver the project. What do you do?
• Respond to at least one of your classmates with length, content, and substance. Comment on their approach to address the mistake.
• Respond to any and all questions asked by your fellow students and the professor.