Assignment task: Build and Maintain Business Relationship
Q1. Describe at least three ways that an employee could use to establish and maintain business relationships in order to develop business opportunities.
Q2. Explain the concept of networking and discuss at least five benefits of networking.
Q3. Explain formal and informal business networks and give an example of each.
Q4. An example joining a coffee shop, how to develop a network, what the purpose and benefit of joining the association.
Q5. List four characteristics of an effective business negotiator. For each characteristic, explain why this is important for effective business negotiation.
Q6. Explain the concept of a win-win negotiation.
Q7. List three factors that would make a negotiation more likely to succeed.
Q8. List three organisational policies and procedures relevant to business relationships.
Q9. Explain the purpose of a relationship management plan and how it can assist in developing and maintaining business relationships.
Q10. List three methods for obtaining feedback on business relationships.
Describe and explain so I can learn more.