SITXMGT002 - Establish and Conduct Business Relationships - Management Assignment Help

Assignment Task

Your task: Answer the following questions. Each question must be completed.

Question 1: List 3 key groups of people you may build business relationships with in the TH&E Industry.

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Question 2: List 2 reasons business relationships are important.

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Question 3: List 2 distribution, marketing or professional networks in your industry that would provide opportunities to help build business relationships.

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Question 4: List 4 ways you can maintain regular contact with customers and suppliers.

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Question 5: List 2 methods of formal or informal Networking.
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Question 6: Name 2 cultural differences you may need to consider when negotiating.

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Question 7: What should you do before going into a negotiation to make sure the outcome is in the best interests of your company?

Question 8: If the negotiation becomes protracted, who should you inform? And how?

Question 9: List 4 techniques to negotiate effectively.

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Question 10: How do open questions help good negotiator gain information?

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