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Negotiation - Assignment Example

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The essay "Negotiation" describes negotiations are a tough test when it comes to business, and there is money on the line. The main thing is not to offend the client and get the conditions that are best suited for both parties when your business side is not going to fall from the agreed terms…
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Negotiation
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Download file to see previous pages The two-day long correspondence with the client leads to us negotiating with a price that did not amount to my work but was not in their favor as well. I ended up withholding the rest of the series I had been working on for them and they paid me half price on a project that I had worked a lot on but the positive point is that I knew my walk away terms. It was established that poor communication was what lead to the break of the deal and a case was not filed from either of the party which I think is an achievement. I could have conducted the negotiating terms better if there had been a better communication system involved with information sharing from the start that would have helped in benefiting both parties. Another tactic that I could have applied in the negotiating terms is priorities because I left a pile of unfinished projects in lieu of this certain project and had to put double the time in other projects, so one important thing I learned from this failed project was to always get my priorities right and to give maximum time to things but do not forget that there are other tasks that need to be done as well.The two-day long correspondence with the client leads to us negotiating with a price that did not amount to my work but was not in their favor as well. I ended up withholding the rest of the series I had been working on for them and they paid me half price on a project that I had worked a lot on. It was established that poor communication was what lead to the break of the deal. ...Download file to see next pagesRead More
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