Unit 13 — Business Negotiations

In this unit you will learn the fundamental terminology used in Business negotiations.
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Core Training Activities

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Future Of Furniture: Thank you for meeting with us today. We are excited to discuss a possible business partnership between our two companies. We’d like you to become our main supplier of recycled plastic materials. Recyclers Of Plastic LLC: Thank you for taking the time to meet with us! Let me just confirm what we understood from our previous email exchange: You are looking for a…

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Multiple Choice Activity

Students will be able to select the best match between unit terms and their definitions.

Students will be able to listen to short audio clips in English and then spell them correctly.

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Spelling and Recognition

Students will be able to identify and spell a vocabulary term correctly given only the definition.

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I would like to receive $300 for my bike, but I am open to negotiation.
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Before entering negotiations, we prepared by determining our MDO, our BATNA, and our walkaway.
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This is one of our long-term clients, so we are in good spirits to achieve the BPA in tomorrow's negotiations.
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  • You are one of the representatives of Future Of Furniture. Imagine that you are preparing for the negotiations that you read in the Reading Activity. Define your company’s MDO, BPA, ZOPA, and BATNA. Additionally, identify your company’s demands and concessions based on what you know from the Reading Activity.
  • You are one of the representatives of Recyclers Of Plastic LLC. Imagine that you are preparing for the next round of negotiations with Future Of Furniture. Define your company’s new MDO, BPA, ZOPA, and BATNA based on the information you gained through the last meeting (Reading Activity). Identify which demands your company is most to least flexible on, and what other concessions you can offer in order to close the deal.