Thursday, 15 September 2011

Different types of Brief

In a business you can have many types of briefs; here are some briefs with definitions.

 Contractual Brief:
A contractual brief is a voluntary, deliberate and legal binding agreement. This can be shared with two or more competent parties. Contracts mainly contain written content but can be spoken or implied. A contractual relationship is evidenced by;
  1. An offer
  2. An acceptance of the offer
  3. Legal and valuable consideration
Each of these parties involved have the relative rights and duties of other parties in this agreement.
     The benefit of this process is its time saving and a copy is kept and saved for the customer if they wish to reference the orginal document in future.

 Negotiation

Negotiation is mainly about a give and take process involving 2 or more parties. Each party in which has there own aims and objectives in the business. These parties have to reach an agreement to settle which may be a mutual consern or to resolve a conflict.

This means its open to interpretation. Communication is a key link will be used to negotiate the issue whether its face to face, in written form, or over a telephone call.

Example: to meet in the middle; we use it in our social lives, for instants: Where to meet a friend.

Tender
  
     Tender is an unconditional offer of money or perfomance. A tender can help the tendering party from penalty of non payment or non performance. It may also be a sealed bid or offer to respond to a request for tenders containing detailed information on terms and conditions which are associated with a potential contract. So therefore you pitch for something.

 Benefits of a tender brief:
Maximum Sale Price: Tenderers have the choice to submit
bids, and it is annoymous how much anyone else is tendering,
they are therefore forced to go straight to their best price.
Confidentiality: Tenders submitted are confidential, and the sale
price of the property is generally not public knowledge.