On Business Negotiation Skills商务英语沟通.doc
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1、(外国语学院)Business Communication Term Paper(2008级)题目: On Business Negotiation Skills学生姓名: 系 别: 英 语 系 班 级: 英语084(3) 任课教师: 2011年12月7日 On Business Negotiation Skills In each trade, either international or domestic, business negotiation can not be left out. So better understanding of it must be rewarding.
2、As to its definition, there are many different kinds of versions. It is defined by Bai Yuan as “Business negotiation is a consultative process between governments, trade organizations, multinational, private business firms in relation to invest, import, or export products, machinery, equipments or t
3、echnology. It is one of the most important steps taken toward completing import and export trade agreements.”(Bai, 2008:20). Thus business negotiation is the economic activity which is happened between two parties and its aim is to reach an agreement and achieve a win-win result. In economic activit
4、y, the skills of the negotiation are extremely important. Proper business negotiation skills can make the trade successful. On the contrary, improper skills will ruin the whole trade. In the following part, this paper will introduce some business negotiation skills in preparatory stage, negotiating
5、strategies and some main points in the whole negotiation.1. Preparations of the business negotiation Because there are various changes in the negotiation, so we should be well prepared every time. Adequate preparation will help us deal with negotiations smoothly.1.1 Knowing ourselves as well as the
6、enemyIn the negotiation, negotiators should analyze own conditions as well as try to comprehend the other partys, including his strength, his countrys policies and his countrys culture.1.2 Improving negotiators qualities To some degree, the negotiation is the competition between negotiators. The res
7、ults are often based on negotiators confidence, decisiveness and other qualities. So to improve the negotiators qualities is a very important preparation.1.3 Setting the limitationThe most common problem met in the negotiation is price. So setting the limitation of price before negotiation is necess
8、ary. It can help alter negotiation strategies. 2. Strategies in developing the negotiation Negotiation is the process of both sides coming to an agreement and making a joint decision where everyone is in concurrence. In business negotiations, being able to effectively negotiate is a critical skill n
9、eeded for many reasons such as dealing with suppliers and agreeing on the terms of a contract. A cooperative strategy is a powerful weapon helping to win the negotiations. By creating a harmonious business relationship, both of the two sides feel satisfied and benefit a lot in the transaction. There
10、 are several strategies for effective business negotiation. 2.1 Handle conflicts with a right attitudeIn business negotiation, conflicts are unavoidable. An aggressive attitude may result in breaking the relationship with our partner while a too frank communication may bring our company into an unfa
11、vorable situation. So its quite important to adjust ourselves in the negotiating environment. Neither be too aggressive nor too straightforward. Treat the other side with respect and Try best to make the deal as beneficial as possible.2.2 Ensure a margin to play withWe are always faced with such pro
12、blems that some of the requirements of the other side are unreasonable. Faced with such problems, some people may refuse at once, leading the negotiation into stalemate. Actually we do not need to respond immediately. What we should do is to agree to most of his requirements, leaving room to prepare
13、 for bargain. Sometimes, if we are willing to think creatively, there are opportunities for both sides to win in a negotiation2.3 Listen to the other firstBe a patient listener and try to get as much information as possible out of the other sideboth verbally and nonverbally. Generally, the more you
14、know about your opponent, the smoother your negotiation will be. Because when you are listening, you get more information and know their weaknesses. It is an important foundation and premise in attacking and defending in negotiation. Sometimes, we can compromise in partial issues in exchange for gai
15、ning the other sides concession in major issues. This concession will bring our company more than what we have paid for2.4 Reach a mutually beneficial solutionThere is often a tension between cooperating for the greater mutual benefits and pursuing ones narrow self-interest. Traditionally, when we n
16、egotiate, we are advised to find win-win agreements by searching for common ground. So identifying the common ground is the key element. Confirm the subject or purpose early and areas of likely conflict before moving on to the trading stage. While negotiating, we should establish a sense of mutual u
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