Business Vocabulary Quiz 3

Complete what an employee representative says with expressions from C opposite.

• climate

• bargaining

• pay

• tactic

• chip

Answer explanation

The correct choices 'climate', 'bargaining', and 'tactic' relate to the context of employee representation, focusing on the environment, negotiation processes, and strategies used in discussions.

What qualities make a good negotiator?

Answer explanation

A good negotiator possesses qualities such as strong communication skills, empathy, patience, and the ability to think critically. These traits help in understanding the other party's needs and finding mutually beneficial solutions.

What did you have in mind regarding specifications?

Answer explanation

The question asks for clarification on specifications, indicating a need for details or requirements. A thoughtful response would outline specific aspects like dimensions, materials, or performance criteria.

What were you thinking of in terms of delivery dates?

Answer explanation

When considering delivery dates, it's important to factor in production time, shipping duration, and any potential delays. Clear communication about these aspects helps set realistic expectations.

How important to you is the currency for payment?

Answer explanation

The currency for payment is crucial as it affects transaction ease, conversion rates, and overall satisfaction. Choosing a familiar and stable currency can enhance trust and streamline the purchasing process.

What is the situation on production at your plant at the moment?

Answer explanation

The question asks about the current production status at the plant, indicating a need for an update on operations, output levels, or any issues affecting production.

What sort of quantities are you looking for?

Answer explanation

You should specify the types of quantities you need, such as numerical values, measurements, or counts, depending on the context of your inquiry.

What are we looking at in the way of a discount?

Answer explanation

To determine the discount, we need to know the original price and the sale price. The discount is typically expressed as a percentage off the original price.

If you don’t reduce the price, we will contact Boeing to see what they have to offer.

Answer explanation

The statement indicates a threat to seek alternatives if the price is not reduced, implying that the current offer may not be competitive enough. This suggests the need for negotiation to retain the customer.

If you fail to consider our particular requirements, we will end these discussions.

Answer explanation

The statement indicates that failing to meet specific requirements will lead to the termination of discussions, emphasizing the importance of those requirements in the negotiation process.