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Introducing BATNA

The acronym of the term is Best Alternative to a Negotiated Agreement which can be defined with

another term named Plan B.In all negotiation process theres a bottom line which is the worst possible

outcome a negotiator may face. It is a means which guard oneself against the pressure that is often

exercised on a negotiator to conclude an agreement that is self-defeating.

In simple words, BATNA of an individuals life is a future planning which describes ones ambition in a

step-by-step way. BATNA consists of practical and feasible determination of an individual or a business

which lead them to take a right decision.

My practical BATNA:

The following sections define my lifes practical BATNA.

Internship: I have completed almost all the courses of my BBA degree and at this moment I considerapplying for internship within a couple of month. I hope to get a chance to do my internship under the

supervision of my honorable international business faculty Ms. Aditi Mansur Mahmud. I have a list

of choice where I will be applying for my internship. In this list I have kept multinational

organizations like HSBC, Standard Chartered Bank, and Unilever. I think my internship in one of

these organizations would add a great value in my experience.

Alternative: If luck does not favor me enough to get a chance in any of these organizations I would

seek help from our faculty Ms. Aditi Mansur Mahmud to get an internship opportunity. During the

internship period it is a big time for me to earn practical knowledge which will help me to get a better

future career.

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Graduation: If everything goes right, I am hoping to be done with mygraduation with a major on International Business by the spring semester

of year 2014. The day of my graduation would be one of the most

beautiful and desired days in my life. Since I am the eldest son of my

parents they have a great expectation from me and they would be very

proud to see me graduated.

Alternative: For any unexpected incident if my graduation gets delayed and failed to finish on the

specified time I hope it to be done by summer semester of the year 2014.

Masters degree: Doing masters from a well reputed foreign university has always been myaspiration. I prefer some universities in Europe and New Zealand to pursue my masters. In order to

turn this aspiration into reality, I know, I have to fulfill some requirement and get a good score in

GMAT and IELTS. Just after my graduation from North South University I would start taking

preparation for GMAT and IELTS tests. I hope a well preparation will give me an edge to perform

well in the examinations and thus to get scholarships abroad.

Alternative: If luck does not click to go abroad, I would be trying to do my MBA specializing on

international business from Dhaka University.

Professional career: When I get the masters degree from a foreign university, I would like to jointhe business of my father which, I think, is well reputed and well established in the market. I have a

vision to join my fathers business because as a well-established business it will give me an edge and

keep me well ahead of others to become successful. Moreover, my father thinks that it will be a wise

decision to join in the business rather than doing something else. I find myself interested in

international business from a very early stage of the

undergraduate level. From the sheer interest I have

a motive to get involved in cross border trade which

gets life when I join my father in the business.

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Alternative: Since everything is uncertain in life nothing can be considered as definite. Similarly, if

getting involved in the business becomes impossible for me, I have another option to get involved in

other kind of business like earning profit and revenue from investing in long-term and fixed assets

like land and buildings which would yield a consistent amount of income. Along with that I have a

plan to work in online marketplaces as a freelancer.

Few points about myself

I am very visionary about my life, and I want to see myself as a successful person in future.

I have a very competitive attitude towards my work.

New technologies and advancements of science get my attention very quickly. I always like to take the utility and benefit from the use of technologies. Getting to know people from different cultures and countries is one of my favorite things to do. Travelling new places and countries has been one of my most wanted activities. I like to deal with people from different economic and social conditions in the same temperament.

Keeping good relations with everyone brings happiness and satisfaction to me.

I like to turn hostile environment into a favorable one in a strategic way. I always believe in Allah and keep faith upon him for everything in my life.

Conclusion

I believe that hard work and enthusiasm gets its prize. Even though I am not sure what will happen in

future, I hope it to be favorable for me. If everything goes in a right way, I expect myself to see in the

position as I stated here by next 15-20 years of my life. If Allah favors me, I believe, my enthusiasm and

hard work will bring about good results in my life and help me becoming a good human being whom

society needs.