Phrases for Bargaining and Compromising in Business English
23 May 23
Audio
Key Points
Bargaining is the negotiation of terms such as price, delivery, or conditions of a product or service. It's a delicate balance, demanding both awareness of what you want and what the other party desires.
Phrases for Proposing Different Conditions:
Phrases to Show Flexibility:
These phrases can encourage open dialogue and build trust, as illustrated by a real-life example of a delivery schedule negotiation between a supplier and a client.
Compromise involves each party conceding something to reach an agreement. It’s a key aspect in avoiding conflicts and maintaining relationships.
Key Phrases for Seeking Compromise:
These expressions help find solutions that respect both sides. The use of terms such as "middle ground," "trade-off," and "settlement" is vital in these discussions.
While distinct, bargaining and compromising are interconnected.
In practice, most negotiations involve a blend of both. Flexibility and the right vocabulary are keys to effective negotiations.
Do's:
Don'ts:
This episode enriches understanding through real-world examples and practical phrases to employ in your own negotiations. Whether a newcomer or a seasoned professional, these insights can guide you in navigating complex bargaining and compromising scenarios.
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