Negotiation Principles of Business Communication Introduction

PRINCIPLES OF BUSINESS
COMMUNICATION

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1............................................................................................................................................1
1.1 Importance of negotiation in business environment.............................................................1
1.2 Features and uses of different approaches............................................................................1
1.3 Components of negotiation tactics........................................................................................1
TASK 2............................................................................................................................................2
2.1 Different types of presentation and requirement...................................................................2
2.2 How different resources used to develop presentation.........................................................2
2.3 Different methods used in the presentation...........................................................................2
2.4 Best practices deliver presentation........................................................................................3
2.5 How to collect and use feedbacks in presentation................................................................3
TASK 3............................................................................................................................................4
3.1 Characteristics of bespoke.....................................................................................................4
3.2 Factors taken into creating and presenting bespoke documents...........................................4
3.3 Legal requirement and procedures for gather information in bespoke document.................4
3.4 Techniques to create bespoke documents.............................................................................5
3.5 Gain approval of bespoke .....................................................................................................5
TASK 4............................................................................................................................................6
4.1 Typical stages of information system development..............................................................6
4.2 Benefits and limitations of different information system.....................................................6
4.3 Legal, security and confidentiality requirement of information system...............................6
4.4 How to monitor use and effectiveness of information system-.............................................7
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
In the business communication, there are several elements exist that create major impact
on its performances and outcomes. In this regard, different activities designed to gain relevant
information at workplace (Klein, Davis and Kridli, 2015). In this context present report based on
the information system and various perspective in it. For gaining insight knowledge it covers
different tasks regarding information effectiveness and further development as well.
TASK 1
1.1 Importance of negotiation in business environment
In business, negotiation skills are important in both informal day-to-day interactions and
formal transactions such as negotiating conditions of sale, lease, service delivery, and other legal
contracts. Good negotiations contribute significantly to business success, as they: help you build
better relationships (Bonfanti and Bordignon, 2017).
1.2 Features and uses of different approaches
Lose-Lose Approach: This negotiation approach is adopted when one negotiating partner feels
that his own interests are threatened and he does all he can to ensure that the outcome of the
negotiation is not suitable to the interests of the other party as well.
Compromise Approach: This approach provides an outcome which is some improvement over
the lose-lose strategy outcome (Koponen and Julkunen, 2015).
1.3 Components of negotiation tactics
Taking different approaches to negotiation means there are also different tactics that can
be used. It is important to learn tactics as it will be easier to recognise when they are being used
and which counter tactics to use against the opposite party.
The Top 5 Components of Preparing for a Negotiation
Understand Yourself
Vision
Value
Process
Relationship
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