Communication And Negotiation Flashcards

1
Q

Good methods of communication

A

Terms of Engagement
Email
SWOT analysis

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2
Q

Importance when dealing with lay persons

A

Don’t use technical terms

Provide adequate explanations when needed

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3
Q

Disadvantages of phone conversations

A

Potential of misinterpretation due to phraseology
Difficult to engage – lack of body language
Especially with technical language

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4
Q

Considerations when forming a negotiation strategy

A

Understand clients objectives and desired outcome
Understand non-negotiables for client
Undertake sufficient due diligence and market research

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5
Q

Important negotiation approach

A

Collaboration between parties

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