Professional Documents
Culture Documents
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Case 1:
Instructions:
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You must initiate the process because whoever controls the start of the negotiations tends to
control where they end. If you let the other party start negotiations, you will be constantly
giving up control, often without even realizing it. For instance, when you ask someone what his
project budget is, you are allowing him to start the negotiations. You will then spend your time
chasing his number rather than finding the best solution. When I sit down to work out an
agreement on the numbers involved in the decision, I will even interrupt to prevent the other
side from controlling the starting point. Sounds bizarre, but that is how important starting the
transaction is. I once had a client who wanted to offer his terms upfront. I politely said, "Excuse
me, I appreciate your willingness to tell me what you can do and would like just a moment to
share with you what I have put together for you. If it doesn't work, then please tell me." This
allowed me to control the starting point.
I see so many professional salespeople make the mistake of discussing and working on the
terms of an agreement without ever committing their ideas to a written agreement. But the
purpose of negotiations is to arrive at a formal written agreement, not tell a story or spend time
talking. From the first moment I make a proposal, I refer to a document that is being created in
front of the client. It includes all the points of agreement and becomes real to the prospective
customer. Negotiating first and then having to create a document adds unnecessary time to a
transaction. But if you build your written agreement as you negotiate, you are prepared to ask
for a signature the moment the decision to buy is made.
The negotiation table can be loaded with agendas, egos and emotions. Great negotiators know
how to stay cool, providing leadership and solutions, while the rest of the room becomes
insanely invested in personal agendas and useless emotions. Crying, getting angry, name calling
and blowing off steam may make you feel good, but such behavior will not benefit you while
negotiating. When the rest of the room gets emotional, stay cool like Spock and use logic to
negotiate and close.
Golden Rules of Negotiating. Obtenido de: https://www.entrepreneur.com/article/225537
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5. In the previous text, find any words with prefixes and suffixes, and write them on the next
chart including their meaning in Spanish:
6. In the previous text, find Cognates and False Cognates, and write them on the next chart
including their meaning in Spanish:
COGNATES Translation FALSE COGNATES Translation
7. What is the “Text structure” or “Organizational Pattern” of the first paragraph (such as:
Chronological order, order of importance, compare and contrast, cause and effect, sequence,
etc.)? Give your answer and justify it with fundamentals.
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8. No omita consultar los criterios con los que se evaluará la actividad:
Criterios de Evaluación
Criterio Valor
Total 10
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Case 2:
Instructions:
In Mexico, both global financial institutions and private analysts have already lowered growth
expectations for this year. In fact, some analysts suggest that the national economy will not
grow or may even decline as a result of the harsh coronavirus impact. Said impact stems from
two sources, the first relating to the slowdown in U.S. industry due to the significant reduction in
exports to China. A large part of the industrial processes in the U.S. is closely linked to Mexican
manufacturing production, especially of intermediate goods. Throughout 2019, the export sector
(manufacturing in particular) was the only one seeing growth and yet the economy dropped (-
0.1% in the year). Please note that the U.S. economy grew at about 2% this year.
The second source is the reduction in imports of intermediate goods, which mainly come from
Asian countries. Mexico is a country that imports a large part of the supplies used in the
production of its exports. When there is a supply shock, it increases production costs and
decreases productivity. Swiftly replacing suppliers with companies located in North America, for
example, is not an easy task.
This scenario is already causing many countries to react with urgent measures to compensate
for the economic slowdown. The first measure involves economic incentives where most of the
world's central banks are lowering interest rates to encourage consumption and investment. The
Central Bank of Mexico will likely follow this cycle and lower its target interest rate by up to 75
percentage points. On the other hand, many countries are also preparing fiscal measures to
stimulate the economy. For instance, in the U.S., cheaper credits are being set up for SMEs as
well as the elimination of payroll taxes. Also, global financial institutions such as the World Bank,
among others, are developing rescue packages.
In Mexico, in addition to monetary policy, no fiscal measures have been advocated to encourage
the economy. The problem lies in the fact that, in addition to the severe situation caused by the
coronavirus outbreak, the recent drop in oil prices has put Pemex, the state-owned company,
against the wall. And this is in a setting where public finances are strained by extremely weak
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tax collection. Due to the weak economy, both direct income tax (ISR) and indirect income (IVA)
tax collection declined in 2019. In addition, part of the counter-cyclical savings fund left by the
previous administration was used to pay for Pemex's debt. The state-owned company had a
92% increase in losses in 2019.
This year, the picture doesn't look good either. Reductions in growth expectations will lead to
lower tax revenues. If we also consider the drop in crude oil prices, then Pemex will likely be
affected as well. Although the federal government has hedge oil prices through a put option, it
does not cover 100% of the export platform.
Thus, it is imperative to develop a fiscal reform to shield public finances. Although the Ministry of
Finance (Secretaría de Hacienda y Crédito Público) had recently suggested it, this idea was
dismissed by the President. Without a fiscal reform, there will be no resources left to meet the
increases in public spending and will force the government to keep on cutting expenses or to use
the remaining funds to compensate for the decline in revenues.
The government must immediately begin to develop fiscal measures to compensate for the
coming economic slowdown.
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5. In the previous text, find any words with prefixes and suffixes, and write them on the next
chart including their meaning in Spanish:
6. In the previous text, find Cognates and False Cognates, and write them on the next chart
including their meaning in Spanish:
7. What is the “Text structure” or “Organizational Pattern” of the first paragraph (such as:
Chronological order, order of importance, compare and contrast, cause and effect, sequence,
etc.)? Give your answer and justify it with fundamentals.
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8. No omita consultar los criterios con los que se evaluará la actividad:
Criterios de Evaluación
Criterio Valor
Total 10
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Case3:
Instructions:
If you’re a middle manager, you spend around 35% of your time in meetings. Upper
management uses a staggering 50%. Why is that? Could it be that we’re trying to multitask –
doing too many things at once – when in fact we’re not being productive at all? Or are we
scheduling meetings simply out of habit?
Whatever the reason, it’s a lot of time is spend trying to bounce ideas, solve problems, and in
the end get something done. All those meetings require a successful strategy. That’s why we’ve
put together a list of must-know rules on how to run an efficient business meeting, both for
meeting leaders and participants.
These tips aren’t universally applicable for all meetings. Some should only be reserved for the
most formal. Instead, we hope the reader will look at this as a miscellaneous collection – and
where the reader is free to pick and choose what could be relevant to their own environment.
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meeting. If you don’t have a purpose, don’t schedule a meeting. Can the matter be resolved via
email or quick chat instead? Then do so instead.
I. Don’t be late
Show up on time. There’s no excuse for being late for a business meeting, no matter what your
role in it is. If you are, a simple apology to the organizer and the rest of the attendees is always
appreciated, just don’t make a big fuss of it.
Even if you usually tend to arrive late for personal appointments, make an effort of always
arriving a little bit early for business meetings. Besides providing extra breathing room before an
important meeting, you’ll probably be perceived as more orderly since you don’t cause
unnecessary disruption.
We all have different personality types, and while being late for personal arrangements isn’t a
problem in your surroundings, arriving on time is generally perceived as mandatory in
professional settings.
After a business meeting
Business meetings are more often part of a larger project or strategy. Stop thinking of them as
events that have a definite beginning and end. Keep yourself and your files in order to make
sure you’re always ready to pick up where you left off.
The 50 golden rules for good business meeting etiquette. Obtenido de: https://airtame.com/blog/good-business-meeting-etiquette/)
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3. Write at least 3 of the most important “General ideas” of the text:
5. In the previous text, find any words with prefixes and suffixes, and write them on the next
chart including their meaning in Spanish:
6. In the previous text, find Cognates and False Cognates, and write them on the next chart
including their meaning in Spanish:
COGNATES Translation FALSE COGNATES Translation
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7. What is the “Text structure” or “Organizational Pattern” of the first paragraph (such as:
Chronological order, order of importance, compare and contrast, cause and effect, sequence,
etc.)? Give your answer and justify it with fundamentals.
Criterios de Evaluación
Criterio Valor
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correcta.
Total 10
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