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Pitching and Negotiation Skills Assignment (PDF)

   

Added on  2021-01-01

18 Pages5232 Words255 Views
PITCHING
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Table of ContentsPITCHING.......................................................................................................................................1INTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Negotiation and key stakeholders during a negotiation process............................................1M1: Brief rationale for the negotiation process..........................................................................3P2 Key Steps and Information required for negotiating and generating deals...........................4M2. RFP process within an organisational context.....................................................................5
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TASK 2............................................................................................................................................5P3. RFP process and relevant types of documentation required.................................................5P4. Contractual process and ways to manage and monitor relevant documentation..................7TASK 3............................................................................................................................................8P5 An appropriate approach for pitching, apply key principles for attaining sustainablecompetitive edge.........................................................................................................................8M3. Examination of pitch and evaluation of process................................................................10TASK 4..........................................................................................................................................10P6. Evaluate potential outcomes of a pitch...............................................................................10P7: Determine ways in which an organisation can accomplish their post-pitch obligations andpotential issues..........................................................................................................................11M4. Recommendation for Coffee Cuisine to accomplish its post-pitch obligations................12CONCLUSION..............................................................................................................................12REFERENCES..............................................................................................................................14
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INTRODUCTIONNegotiation refers to process by which groups or individuals resolve conflicts, settletransactions and carries working agreements (Negotiation Skills, 2018). This aids to settlementof differences among people. In this both parties tries to identify solution by which both partieswill gain significant profit. Present study has been conducted in, Coffee Cuisine which is newlystart up organisation engage in the service of offering organic coffee to their customers. In thisreport discussions has been made on, concept of negotiation and key stakeholder who areinvolved in this process. In addition with this, key steps and information which is required in theprocess of negotiation and process of RFP are included in this report. Report include, contractualprocess and appropriate pitch along with potential outcomes are covered in this report. Lastlyproject include potential issue that can occur along with their necessary obligations. TASK 1P1 Negotiation and key stakeholders during a negotiation processNegotiation is a formal discussion in which individuals settle down their differences. Inthis method, compromise is reached in order to avoid a argument and dispute. There are mainlytwo types of negotiation namely, integrative and Distributive. In the situation of negotiationstakeholders effectively try to reach out a settlement by settling down their differences. In theprocess of negotiation there are mainly two parties involved with a main aim to comprise asituation in order to avoid any kind of conflict. It is important to have a fair sense of decision byboth involved parties. There are different types of key elements included in negotiation thatinclude, sense of attitude towards each other, different types of interpersonal skill such as, reportbuilding skills, communication etc. and knowledge required to the topic. Business facenegotiation in their day-to-day operations as they deal with different types of distributors andsuppliers in order to sell their products in supermarkets along with this business firms is requiredto do negotiation with their employees in or fix their salary. Mentioned below there is anegotiation for the company:It aid in reducing business input cost price which automatically result in raising profitability of acompany. Business firm can easily bring forward different types of new products which benefits them tomaximise their footfalls in a market place. 1
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