The contract agreement for security services of your organisation will expire in 60 days. The contract price was Rs 10 million for 3 years. The Board has decided to renew the contract for a further 3 years period. You have been appointed as Chairperson of the Negotiating team. Discuss how you will prepare the forthcoming negotiation with the team of the service provider so as to ensure a better deal.
The contract agreement for security services of your organisation will expire in 60 days. The contract price was Rs 10 million for 3 years. The Board has decided to renew the contract for a further 3 years period. You have been appointed as Chairperson of the Negotiating team. Discuss how you will prepare the forthcoming negotiation with the team of the service provider so as to ensure a better deal.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Transcribed Image Text:The contract agreement for security
services of your organisation will expire in
60 days. The contract price was Rs 10
million for 3 years. The Board has decided
to renew the contract for a further 3 years
period. You have been appointed as
Chairperson of the Negotiating team.
Discuss how you will prepare the
forthcoming negotiation with the team of
the service provider so as to ensure a better
deal.
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