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Negotiation Principles of Business Communication

   

Added on  2020-06-04

11 Pages2807 Words204 Views
Professional Development
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PRINCIPLES OFBUSINESSCOMMUNICATION
Negotiation Principles of Business Communication_1

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11.1: Importance of negotiation in business environment ......................................................11.2: Features and uses of various approaches........................................................................11.3: Element of negotiation tactics ........................................................................................2TASK 2............................................................................................................................................22.1: Different types of presentation and its requirements.......................................................22.2: Various resource that can be used to develop a presentation..........................................32.3: Several methods of giving presentation..........................................................................32.4: Best practice in delivering presentation..........................................................................32.5: Ways to collect and use feedback ...................................................................................4TASK 3............................................................................................................................................43.1: Characteristics of bespoke document .............................................................................43.2: Factors to be taken into account in bespoke....................................................................43.3: Legal requirements and process for data collection........................................................53.4: Techniques to create bespoke business documents.........................................................53.5: Ways to gain approval of bespoke document..................................................................6TASK 4............................................................................................................................................64.1: Typically stages of information system development ....................................................64.2 and 4.4: Analysis of benefits and limitation of various information system....................64.3: Legal, security and confidentiality need for Information system....................................74.4: Measure to use effectiveness of information system......................................................7CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................9
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INTRODUCTIONBusiness communication is more effective way through one can share information fromone another. It can be both formal and informal. It is an idea or though that an individual wantsto transmit to other must be clear enough to understand by receiver. It is an essential to exchangeeffectively in negotiations to ensure that organisation as well as individual goals can be attain inbest possible manner (Greer, 2012). This project report consists of various information aboutnegotiating advantages and approaches those are helpful in better communication system.Various types of presentation and necessary resources those are used in development ofactivities. Characteristics of bespoke documents and various factors those are affecting it arediscussed under this project report.TASK 11.1: Importance of negotiation in business environment Negotiation is a techniques which an individual settle after communicating with twoparties (Negotiation Skills, 2017). It is an agreement which reached while avoiding dispute andgrievance. In every business communication it is important to have proper balance betweenevery department so that necessary outcomes can be generated.Importance: Negotiate for Long-Term Career Success: It is importance of negotiation in businesswhen it comes to our starting salary and benefits. This change in mindset will permitindividual to notice the advantages of negotiationfor helping them to gain the tools theyneed to grow and boom in the future. Negotiate individual role: These are the more personal and informal workplacesituations in which we negotiate for ourselves.1.2: Features and uses of various approachesThere are various effective features of negotiation that can be useful in managingperformances of an organisation (Guffey and Loewy, 2012). Some of them are:It is crucial for every negotiation need at least two parties.Both parties are having pre-determine objectives.Few predetermine aims and objectives are not shared by the parties.Outcomes of negotiation can be satisfactory so that effective results can be attained.1
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Approaches:Distributive Negotiation or Win-Lose Approach:This approach is based on thepremise that one person can win only at the expense of the other.Compromise Approach:A compromise is the best way out when it is impossible forboth parties to convince each other or when the disputed resources are limited.1.3: Element of negotiation tactics There are certain elements that can be more crucial for negotiation of any businesstransactions. Some of them are: Interests: Experienced negotiators probe their counterparts’ stated positions to betterunderstand their underlying interests.Options: Although you may have a preferred solution, there are likely a number ofdifferent outcomes that will work for you and for the other side (Viterbi and Omura,2013).Creativity is a useful skill in finding additional options in a negotiation.Legitimacy: Success in negotiation depends, to a large extent, on your ability to persuadethe other side to, at least to some extent, see the matter your way.TASK 22.1: Different types of presentation and its requirementsPresentations come in a lot of different forms and have a variety of purposes. Everyonefrom those who present in front of large audiences on a stage to managers who need to pitch theirideas to co-workers can improve their delivery and impact of their message. Types:Providing Information: This format encompasses anything from a team meeting thatgives updates on a project or upcoming event to a demonstration that shows productfunctions.Teaching a Skill. 4Com plc is just installed a new system or implemented a new processthat requires people to learn how to use the new tool and apply the process.Selling a Product or Service: A briefing like this might include a recap of the product orservice, next steps and action items, or a discussion of needs and improvements beforethe product is ready to sell.2
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