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Pitching and Negotiation Skills Principles

   

Added on  2020-10-22

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Pitching and NegotiationSkills Part-2
Pitching and Negotiation Skills Principles_1

Table of ContentsINTRODUCTION...........................................................................................................................1P .5 Develop an appropriate pitch applying key principles that achieve a sustainablecompetitive edge..........................................................................................................................1Covered in PPT............................................................................................................................1P .6 Assess the potential outcomes of a pitch..............................................................................1P .7 Determine how organisation fulfil their obligation from a pitch, identify potential issuesthat can occur...............................................................................................................................2CONCLUSION................................................................................................................................3REFERENCES................................................................................................................................4
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INTRODUCTIONNegotiation is a process in which two parties identify an appropriate solution of a specificproblem or an issue. Good negotiation and pitching helps to build a better relationship amongdistinct functional department. In this report, chosen organisation is Cuisine Coffee. In this reportbrief discussion about how organisation can fulfil their obligation from a pitch, identify potentialissues that can occur. P .5 Develop an appropriate pitch applying key principles that achieve a sustainable competitiveedgeCovered in video file.P .6 Assess the potential outcomes of a pitchTo assess the potential outcomes of a pitch it is necessary to analyse and evaluate allfactors of a pitch which help to get better result and manager is able to formulate better strategy.Capitalist and investors plays an important role in determining and evaluating factors to makeinvestment decision for expansion. Potential outcomes are mentioned below :Acceptance: Acceptance has given by a party when it is agree to accept the proposal ofother party. It is depending upon agreement which take place between two or more persons and itis beneficial for the organisation than it can agree to continue business project in future. Ifmanagement of Cuisine Coffee make an agreement with other party which is fruitful forexpansion of business than it can accept the proposal. An agreement is essential to be signed byboth individuals, which shows that everyone is ready to follow the terms and conditions ofproposal (Wasserman, 2013).Rejection: Rejection is a situation when a person deny accepting the proposal of otherparty. If a person think that a project does not beneficial for its business growth than it can denyto accept the proposal. If presenter is not able to communicate its ideas and views than a resultinvestor would not be influenced it can be the reason of rejection. Investor cannot accept theproposal if it finds that business of Cuisine Coffee will not grow in future and it is going to a lossmaking deal in future (Masanori, 2012).No response: No response is consider as significant component of pitch, which is alsocalled elevator pitch. It is that situation when investor does not want to invest in a project oforganisation. There can be various reasons for no response such as: project does not generate1
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