Principle of Business Communication | Report
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Added on 2020-06-03
Principle of Business Communication | Report
Added on 2020-06-03
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Principle of business communicationand information
Table of ContentsINTRODUCTION ..........................................................................................................................3TASK 1............................................................................................................................................3P1.1 Importance of negotiation in business environment...........................................................3P1.2 feature an uses off different approaches to negotiation .....................................................3P1.3Component of negotiating techniques.................................................................................4TASK 2............................................................................................................................................5P2.1 Type of presentation and need ...........................................................................................5P2.2 Resources use in presentation development.......................................................................5P2.3 Method of presentation.......................................................................................................5P2.4 Best practices in delivering presentation.........................................................................6P2.5 use of feedback ..................................................................................................................6TASK3.............................................................................................................................................7P3.1 Bespoke document.............................................................................................................7P3.2 Factor those affecting bespoke document..........................................................................7P3.3 Legal requirement...............................................................................................................7P3.4 Techniques of bespoke document.......................................................................................8TASK 4............................................................................................................................................8P4.1 Issue in system development life cycle ..............................................................................8P4.2 Benefits and limitation of different information system ...................................................8P4.3 Legal, secure and confidently requirements of information system-................................9P4. 4 Monitoring the uses and effectiveness of information system .......................................10CONCLUSION .............................................................................................................................10REFRENCES ................................................................................................................................11
INTRODUCTION Principles of Business Communicationthere are some guidelines or principles that are tobe considered and followed to make Communication effective. Among them seven arefundamental and relevant and these are clarity, completeness, conciseness, courtesy, correctness,consideration and concreteness.in this report will be define importance of negation in business environment and explainfeatures and uses , different type approaches like Distributive, Compromise, Impersonal-en, Lackof Information etc. This research is also give result of develop and deliver presentation, resources,best practice use presentation. This is also explain different type create bespoke document andlegal requirement or gathering information techniques. TASK 1P1.1 Importance of negotiation in business environmentIt enables both parties to determine the true value being exchanged. From that businessplans, product plans, or expectations can be adjusted accordingly. Even a failednegotiation is a useful exercise.If they want to succeed in business, they to keep good deals, that allow to make profitsand to keep long standing relations with clients, employees and providers.Negotiations are always key in business. Negotiation is what allows two parties to get thebest deals with one another. It's similar to an engine, with negotiation they can squeezethe most performance out of a deal.One important thing they always have to consider, if they want to sell anything toanybody: Does this potential customer need that thing I want him to sell? If yes howmuch does he need it? If his need for this is high and they're the only one that can offer itto him, they're in a pretty good position (Bovee, Thill and Raina2016).P1.2 feature an uses off different approaches to negotiation Negotiating effectively can strengthen your business, while poor negotiation strategiescan ultimately hurt it. they can use many different approaches to negotiation, and all of themcould be appropriate depending on your situation
Distributive Another approach- that they can take toward negotiation is keepingimportant information to yourself. Some refer to this as keeping your "cards close to thevest." they go into the negotiation without divulging everything about the project. Compromise-Another approach to negotiation involves compromising Another approachthat they can take toward negotiation is keeping important information to yourself. Somerefer to this as keeping your "cards close to the vest." they go into the negotiation withoutdivulging everything about the project. with your negotiation partner. This type ofnegotiation usually works when they have an ongoing relationship with the counter party.Impersonal-en of the most effective negotiation strategies involves separating the peopleinvolved from the problem. Negotiators often get tied up in personal issues with those who theyare negotiating with.Lack of Information-Another approach that they can take toward negotiation is keepingimportant information to yourself. Some refer to this as keeping your "cards close to the vest."they go into the negotiation without divulging everything about the project.P1.3Component of negotiating techniquesUnderstand Yourself- Before we even begin to understand and apply best- and leadingpractice negotiation, it is imperative that we first invest in understanding ourselves. Anyprofessional sports person will tell you that the cornerstone of improvement is gaining anunderstanding of your own strengths & weaknesses (Drucker 2017). Vision-What is the vision or ultimate goal behind the negotiation? Is your negotiationreally about price or is it about the value that can be derived/added? What are the mainmotivating factors behind your counterpart's position in the negotiation? What commonground, if any, exists between your vision and your counterpart's vision? Value-What are the key deal objectives being pursued in this negotiation? What are thefacts and figures supporting the negotiation environment? What alternatives does eachparty have, if any? Once again we should try to identify, prioritise & weigh the objectivesof all parties to the negotiation.Process- It is important to ensure that you are well organised for your upcomingnegotiation. Write down the key questions that you need to ask during the negotiation,lest you get sidetracked and forget to extract critical.
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