Question
THIS IS ALL THE INFORMATION I GOT. Theme: Negotiation Skills[1] You work for the sales department of an apparel manufacturing company, Montreal Fashions, a company
THIS IS ALL THE INFORMATION I GOT.
Theme: Negotiation Skills[1]
You work for the sales department of an apparel manufacturing company, Montreal Fashions, a company you met with during a recent trade show, is going to visit your facilities next week.You understand that this company wants to "buy low" but normally places large orders. However, you want to "sell high". Your company might not be able to deliver very large orders unless you invest in new facilities. Montreal Fashions says it will send over a team of three people: the vice-president of marketing, the purchasing manager, and a designer. They are interested in developing a collection for the next season and going over a "price exercise" with you. In addition, they are interested in placing a trial order at the price of a bulk order (i.e., large order). Delivery of the order is to be made in two weeks. Unfortunately, this trial order is well below the minimum quantity you're willing to accept, and your company normally needs more than one month to fill a new order.
Questions to answer:
- How do you convey this information to the other departments within your company to prepare for the meeting? Will you invite your boss to the meeting? Why?
- We are concerned that you will not be able to meet our quality requirements,
- Your price is too high,
- Either take this trial order or we will look for another vendor.
2 (a) Decide at what point in the negotiations on price and delivery date you will turn down or accept the offer. Support your answer giving three arguments.
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