Patten College Boys Form IV and Form V Enterprise

Book your seat for tuition starting June 2021

Hello my dear students
I welcome all of you to my page once more this year 2019 and will share some notes to you all very soon!

Hello dear students , I really appreciate your effort for the Enterprise Day.
So, next will be an evaluation of your costs and revenues and identify whether your enterprise has been successful and if not give explanation why and also give recommendations.

Explain how you implemented your action plan with detailed explanation in Task 3 and complete Task 3.

Hi students
please all of you doing your enterprise project need to complete the task 1 , 2 and 3 by this week as the examiner will be there by next week and all arrangements need to be done regarding the Enterprise Day for next Friday and the presentation will be carried out next week as well. A monitoring progress sheet will be signed for all the progress you are doing for your enterprise project.

Those who have not reported today for their coursework for monitoring will have to continue on their own and will have to complete up to task 3 as print out of these 3 tasks should be done by next week for examiner's control.

So best of luck !!

ALL OF YOU NEED TO SEND ME : 1. THE TASK ONE AND TASK TWO
2. THE QUESTIONNAIRES OF THE TWO BUSINESS IDEAS
3. THE POSTERS OR MEDIA FOR COMMUNICATION
4. RISKS ASSESSMENT AND
5. ACTION PLAN ALL INCLUDED IN TASK ONE AND TASK TWO

PLEASE DEAR STUDENTS SEND ME YOUR COURSEWORK PLEASE

As we need to prepare for negotiation on different aspects and all of you students, please read this to have a clearer knowledge of negotiation relating to the syllabus --- Cambridge Enterprise 0454 syllabus for 2017,

Negotiation
Candidates should:
1 Understand and explain what is meant by negotiation
Negotiation is an interaction of influences, including:
• the process of resolving disputes
• agreeing upon courses of action
• bargaining for individual or collective advantage
• reaching outcomes to satisfy the interests of those involved.
(a) understand that all of us are negotiating almost all of the time, with business partners, clients, colleagues, family, friends, suppliers or trade unions, and that our success depends
entirely on our understanding of the negotiation process.
(b) be aware that, in many enterprising situations, it is important to take into account the views
and interests of stakeholders not directly involved in the negotiations.

2 Analyse and evaluate the process of negotiation
Emphasise the importance of reaching a satisfactory outcome for all parties. In negotiating, we bargain for what we want from somebody else with what they want from us. The best way of
being able to do this is to know what we want, and what we are prepared to give to get it. It sounds simple, but most people enter negotiations without planning their desired outcomes,
believing, sometimes incorrectly, that the strongest side will succeed.
(a) understand the importance of deciding the following when planning to negotiate:
• Am I clear in my mind what it is that I am trying to achieve?
• Have I sorted the information that I will use in discussion (because it will stand up to counter-argument) from the information which I can’t use (because it won’t)?
• Have I written down the strengths and weaknesses of my position?
• Have I considered what I am going to say when others talk about these weaknesses and put forward their own case?
• Have I listed the benefits to them of accepting my proposal?
• Equally, have I listed any unpleasant consequences for them of accepting it?
• How am I going to counter their objections?
• Have I listed the consequences for both sides if my proposal is not accepted?
• Have I thought about not only what I am going to say, but also how I am going to say it?
• Have I considered with whom I am going to negotiate?
• Have I chosen an appropriate negotiating style and strategy?
• Are my objectives SMART?
(b) be able to analyse the significance of each of the following in the negotiating process:
• preparation
• establishing the negotiating environment
• exploring needs
• testing understanding and summarising
• negotiating your position
• reaching agreement.