THE INTERRELATIONSHIP AMID CHARACTERISTICS OF FLEXIBILITY AND BARGAINING STYLE WITH THE PERCEIVED VALUE GAINED AMONGST NEGOTIATORS IN THE HI-TECH BUSINESS SECTOR
THE INTERRELATIONSHIP AMID CHARACTERISTICS OF FLEXIBILITY AND BARGAINING STYLE WITH THE PERCEIVED VALUE GAINED AMONGST NEGOTIATORS IN THE HI-TECH BUSINESS SECTOR

Summary/Abstract: In today's business market, a modern negotiator needs to change or persist in behavior according to changing internal and external circumstances. This study explores how flexibility and bargaining style influence the social-psychological outcomes valued subjectively as consequences of negotiations from the high-tech sector. 39 respondents from the High-tech arena who by virtue of their position have access to customers or suppliers took part in this study. Quantitative analysis was used to perform hypothesis testing, by using a four-chapter closed structured questionnaire data collected as an instrument. Findings show that those with a positive perception of change tend to perceive high subjective value. The collaborative and compromising styles appear to have a strong moderating effect on the connections between Psychological Flexibility and Subjective Value Inventory. Those with a collaborative and compromising approach to negotiation tend to combine elements of flexibility to achieve higher subjective value from the negotiating process and outcome.

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