Analysis of Walmart's Pitching and Negotiation Skills: A Report

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Added on  2023/01/10

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This report delves into Walmart's pitching and negotiation skills, examining how the company secures resources and maintains a competitive edge. The analysis covers key principles such as brand loyalty, innovation, and networking, crucial for effective presentations. It assesses potential outcomes of pitches, including acceptance, rejection, and follow-up actions. Furthermore, the report identifies how Walmart fulfills its obligations post-pitch, addressing potential issues like failure to address concerns and over-reliance on formal pitches. The conclusion emphasizes the importance of these skills for securing funds and resources, highlighting their significance in daily operations. References from academic sources are also included.
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Pitching and negotiating
skills
Task 3 and 4
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Table Of Content
Introduction
Developing appropriate pitch applying key principles which
achieve sustainable competitive edge
Assessing potential outcomes of pitch
Determining the ways organisations fulfils obligations from
pitch, identification of potential issues which can occur
Conclusion
References
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Introduction
Effective negotiating as well as pitching skills are vital for a
firm to introduce new products, generate sales together with
gain multiple networking opportunities. The presentation is
based of Walmart which is leading organisation in retail
industry. The presentation covers development of effective
pitch with application of key principles that achieves
competitive edge for business.
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Developing appropriate pitch applying key principles which achieve sustainable
competitive edge
Pitch is defined to the presentation given
by organisational people to multiple
investors. In Walmart, managers
develops pitch with the objective of
securing funds, resources and other
necessities that are essential in ensuring
productivity, profitability and
sustainability in competition.
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Continue…
The essential principle which managers of Walmart need to
apply for accomplishing sustainability in competitive edge
is as follows:
Brand loyalty:
Innovation
Networking
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Assessing potential outcomes of pitch
In business pitch, presenters makes effective attempts and
efforts for pitching investors. All workings are dependent on
skills and abilities of presenters that determine rate of success
for any pitch. In association to Walmart, following are
outcomes of pitching investors:
Acceptance
Rejection
Come back later
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Determining the ways organisations fulfils obligations from pitch,
identification of potential issues which can occur
Pitching is the effective tool that managers of business use for
searching out cause of issues which occurs in as well as
develops effective ways to resolve all effectively. Some of
potential issues that can occur in Walmart are as follows:
Failures for addressing concerns
Huge dependency on formal pitches
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Conclusion
The mentioned information concludes that it is crucial for
entity to design suitable pitching addition to negation skills
for upgrading level of resources and funds in order to conduct
daily operations. Essential principles which managers are
required to apply for accomplishing sustainability in
competitive edge are brand loyalty, innovation and
networking.
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References
Dinnar, S. and Susskind, L., 2018. Entrepreneurial
negotiation: Understanding and managing the relationships
that determine your entrepreneurial success. Springer.
Pyles, D. G., 2017. A social semiotic mapping of voice in
youth media: the pitch in youth video production. Learning,
Media and Technology. 42 (1). pp.8-27.
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Thank You
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