Home/Vocabulary Exercises/Business negotiations (general) 2
Negotiations/Business talks 2
Practice the vocabulary of presentations and business talks. The expressions here span preparation, delivery, Q&A, and the language of professional public speaking in English.
💬 Useful phrases
“I'd like to start by giving you a brief overview.” — a standard opening to orient the audience before the main content
“Moving on to my next point...” — a transition phrase connecting one section of a presentation to the next
“As I mentioned earlier...” — referencing a point previously made to reinforce or connect ideas
“The data clearly shows that...” — introducing evidence to support a claim or argument
“To put this in perspective...” — providing context to help the audience understand the significance of information
“Are there any questions so far?” — an invitation to pause and check comprehension or invite clarification
“Let me illustrate this with an example.” — signaling that a concrete example is about to be given
“In conclusion, I'd like to highlight three key takeaways.” — introducing a final summary of the most important points
READY TO PRACTICE? LET’S GO!
Choose the correct response to complete each sentence.
VOCABULARY REVIEW: Business negotiations
Need to review common terms relating to (and used in) business negotiations? We've got you covered!
Trade-off
Definition:
A trade-off is an exchange where one benefit is given up to gain another.
Example:
They accepted a lower price in exchange for a longer contract.
Agenda
Definition:
An agenda is a structured list of topics to be discussed during a negotiation meeting.
Example:
Sharing the agenda in advance made the meeting more efficient.
Proposal
Definition:
A proposal is a formal plan or suggestion presented for consideration.
Example:
The client requested a revised proposal with updated costs.
Stakeholder
Definition:
A stakeholder is any person or group with an interest in the negotiation's outcome.
Example:
Key stakeholders were consulted before final approval.
Decision-maker
Definition:
A decision-maker is the person with the authority to approve or reject an agreement.
Example:
The deal could not proceed without the decision-maker present.
Binding agreement
Definition:
A binding agreement is a contract that is legally enforceable.
Example:
Once signed, the agreement became legally binding.
Non-disclosure agreement (NDA)
Definition:
An NDA is a legal contract that protects confidential information.
Example:
Both parties signed an NDA before sharing financial data.
Risk
Definition:
Risk refers to the possibility of loss or negative consequences in a deal.
Example:
The team assessed financial risk before accepting the terms.
Relationship building
Definition:
Relationship building is the process of developing trust and cooperation between negotiating parties.
Example:
Strong relationship building led to long-term cooperation.
Final offer
Definition:
A final offer is the last proposal a party is willing to make.
Example:
The manager presented a final offer to close the deal.