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Pages:
2 pages/β‰ˆ550 words
Sources:
2 Sources
Style:
APA
Subject:
Business & Marketing
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 8.64
Topic:

Contract Negotiations

Essay Instructions:
Contract negotiations require considerable education, experience, and training. Trained negotiators have a solid set of knowledge and skill that often enables them to garner a more favorable contract for their party. Detail the following in relation to contract negotiation: 1. Describe the knowledge and skill that are critical to the success of a contract negotiator. 2. Present one (1) strategy an effective negotiator should consider to achieve a more favorable contract (for example: one strategy would be to prepare diligently for each negotiation).
Essay Sample Content Preview:
Contract Negotiations Students Name Students Number Instructors Name Introduction. Any contract negotiator aims at succeeding in the negotiations. Success means that dependent tasks will be executed and, the client will be satisfied. It also saves resources like time and, money that are incurred in the course of the negotiations. Skills and knowledge. There is various skills and, knowledge that are required to ensure success of any contract negotiator. Good communication skills are vital for any contract negotiator. He must be well versed with the spoken and, written language being used in the negotiation process. This will ensure that there is proper flow of information to all parties. There will be proper feedback that will form the basis for continuity in the negotiations (Hicks, 2007). It will also avoid misconceptions and, misunderstandings in the process. The negotiator must use non verbal communication skills like gestures. They denote the seriousness of the issues at hand and, helps drive the point home. A contract negotiator must have good interpersonal skills. He must be courteous, kind and, rational in his decisions. He must be able to express strong feelings appropriately. This can be done by choosing not to use vulgar language that may jeopardize the success of the negotiation process. Courtesy makes the process peaceful and, mutual respect is maintained. The different social groups like the elderly, disabled or the young present in the negotiations feel respected. This may increase chances of a win-win situation for the parties in the contract. A negotiator must have good analytical skills. This will help ...
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