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Pitching and Negotiation Skills

   

Added on  2023-01-11

15 Pages4872 Words73 Views
Professional DevelopmentMusic
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PITCHING AND
NEGOTIATION
SKILLS
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Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1. Define negotiation along with its occurrence as well as stakeholders.............................3
P2. Evaluation of the key steps as well as information..........................................................5
TASK 2............................................................................................................................................7
P3. RFP Procedure and documentation required....................................................................7
P4. Explanation of Contractual process and management and monitoring of documentation9
TASK 3..........................................................................................................................................10
P5. Development of appropriate pitch..................................................................................10
TASK 4..........................................................................................................................................11
P6. Valuation of possible results of a pitch..........................................................................11
P7. Purpose of how business organisation fulfil all their obligation from a pitch in an effective
manner..................................................................................................................................12
CONCLUSION..............................................................................................................................13
REFERENCES..............................................................................................................................14
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INTRODUCTION
Pitching define as the process of presenting the idea in an appropriate manner related to
the business procedure to various individuals like customers, investors, clients, and various other
individuals related to the stakeholders. This process has very effective potential in order to
inspire an optimistic insight as well as behaviour of the individual people towards the commodity
in reference to the thought or by offering pitched. But in case of negotiation refers to the
procedure undertaken by individuals in a business entity in order to ensure reconciliation of
differences among various parties as well as come to a similar ground. In the present report a
small business organisation named as Rowlinson Knitwearis chosen which operates its function
in United Kingdom. The present report is prepared on the basis of purpose of negotiation
associated with the stakeholders. In addition to this, the report includes analysis of key steps
&information needed for negotiating. Along with this explanation of RFP procedure as well as
necessary documentation and discussions in relation to contractual procedure. At last, the present
report is also including preparation of a pitch in order to attain competitive advantages in
addition assessment of the result of pitch negotiation.
TASK 1
P1. Define negotiation along with its occurrence as well as stakeholders
It is said that in reference to the business context, negotiation define as the effective and most
beneficial method which help business organisation in order to attain a settlement associated
with various procedures with the assistance of adopting effective strategies linked with
cooperation and collaboration. It has also been said that in relation to the small business
organisation for example, Rowlinson Knitwear, it is defining as the negotiation skills among an
individual person within the business organisation are essential as the business entity can
effectively experience some advantages as well as benefits for the similar and can attain
organisational goals and objectives in an effective and appropriate manner. Some of the most
essential are going to be discussed as follows:
The first and most effective element which assist in getting benefit for the business entity
is that the business organisation can effective as well as appropriately ensure that they
can retain higher employees with the help of negotiating in an effective manner. This
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