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Master

Business Negotiations

Conducting business deals and contract discussions

Situations

Choose from 5 conversations to practice

01

Initial Proposal Presentation

The presenting party introduces their product/service, key features, benefits, and an initial offer to the potential partner.

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02

Clarifying Terms and Conditions

Both parties discuss the specific legal, logistical, and operational terms of the agreement, asking questions and seeking clarification on ambiguous points.

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03

Price and Volume Negotiation

Discussions focus on the financial aspects of the deal, including unit price, bulk discounts, payment schedules, and minimum order quantities.

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04

Addressing Objections and Concerns

One party raises objections or concerns regarding the proposal (e.g., quality, delivery, support), and the other party responds with reassurances or alternative solutions.

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05

Reaching a Compromise and Agreement

After rounds of discussion, both sides agree on a mutually acceptable solution, often involving concessions from both parties, leading to a handshake deal or a preliminary agreement.

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