Pitching and Negotiation Skills: Understanding the Fundamentals

This assignment provides an overview of pitching and negotiation skills, crucial for business success. It begins by introducing the significance of these skills in achieving organizational objectives, highlighting the importance of effective communication and stakeholder relations. The assignment outlines the principles of an effective pitch, focusing on how to influence and engage audiences. It then explores potential outcomes of a pitch, including acceptance, rejection, and the 'no response' scenario, emphasizing the role of the 'elevator pitch'. The conclusion summarizes the importance of these skills for managing business activities and maintaining positive relationships. References include sources that support the concepts, providing a foundation for understanding the practical applications of pitching and negotiation in a business context.

Pitching and
Negotiation Skill
P5 & P6

CONTENT TABLE
 Introduction
 Appropriate Pitch Applying Key Principles
 Potential Outcomes Of A Pitch
 Conclusion
 References

INTRODUCTION
 At present, an organisation brings more products and
services into competitive market with an objective of
selling it to the targeted customers and achieving huge
sustainability.
 For this, it is important for management to have pitching
and negotiation skills which assisting them in winning all
the contracts as per the terms and conditions.

Appropriate Pitch Applying Key
Principles
Pitch is known as the procedure utilized by business
associations to ensure an effective interaction among all
employees so they can inspire others to work in
satisfactory way as this assistance firm in accomplish its
define objective and goal.

Potential Outcomes Of A Pitch
Acceptance: There are several factors which can influence
the activities and decision-making process of business
firm.
Rejection: Such factor is known as non-useful for the task as
in this, capital speculators dismiss the undertaking or don't
acknowledge the venture.

Continue..
No response: This is the factor which is known as one of the
huge component of pitch called elevator pitch.
Come back later: In this perspective, business need to
assess such activities which are more emphasis on
working.

CONCLUSION
It has been concluded from the above project report that
management must have a pitching and negotiation skills
in order to manage business activities as well as
maintaining health relations with the stakeholders.

REFERENCES
Chang, J. and Rieple, A., 2013. Assessing students' entrepreneurial skills
development in live projects. Journal of Small Business and Enterprise
Development. 20(1). pp. 225-241.
Cremades, A., 2016. The art of startup fundraising: pitching investors,
negotiating the deal, and everything else entrepreneurs need to know.
John Wiley & Sons.
Dawson, C., 2014. The Mature Student's Study Guide 2nd Edition: Essential
Skills for Those Returning to Education or Distance Learning. Hachette
UK.