Tuesday, January 17, 2012

Negotiation vocabulary-I

In erratic business world we live, negotiating effectively is the vivid discriminator between success and failure at the every aspect of it. No need to emphasize the importance of improving negotiation skills but here i would like to take attention to importance of wording which is also essential part of the negotiation especially for non-native english speakers. please help me to introduce more sample with your comments.

Word Meaning Sentence
bottom-line the lowest price someone will accept Service fee can not be less than 100 dollar per hour, it is our bottom-line
concession a preferential allowance or rate given by an organization: They offer concessions as a means of providing you with an incentive to say YES.
trade-off an exchange that occurs as a compromise increasing the man/hour price $5 sounds like trade-off after drawing-back household petty cash aid
entitled eligible, having a right to something After six months trial period, you will be entitled to have all compensations.
indecisive has difficulty making a decision They were so indecisive we finally asked them to take a break and come back next week.
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