L2 Unit 1 - Building Relationships
L2 Unit 1 - Building Relationships
Strategic alliance
Joint venture
Consortium
Merger
B2B = In case of merger
2 companies, 2 cultures
Consequence loss in :
profitability
shareholder value
Relationship Networks
Society
Stake
Shareholders
Company towns
Companies sensitive to accusations
Companies aware of their overall image
Listening:
Business Partnerships
Alison Ward is Head of Global Corporate Responsibilities at Cadbury, the chocolate
maker. Listen to the first part of the interview and complete this information about
Cadbury’s Cocoa Partnership.
Listening:
Business Partnerships
Listen to the second part and complete these extracts with up to three words in each
gap.
1. Fairtrade certification
2. Ethical choice
3. Very powerful / understood /
cocoa-farming communities
Listening:
Business Partnerships
Listen to the final part and answer these questions.
1. POSITIVE MEANING: cement, encourage, cultivate, develop, establish, improve, maintain, promote,
foster, restore, resume, strenghthen
2. NEGATIVE MEANING: cut off, damage, undermine, sour, disrupt, jeopardise, sever
Vocabulary:
Building Relationships
What is relationship marketing?
Relationship marketing is a facet of customer relationship management
(CRM) that focuses on customer loyalty and long-term customer
engagement rather than shorter-term goals like customer acquisition
and individual sales. The goal of relationship marketing (or customer
relationship marketing) is to create strong, even emotional, customer
connections to a brand that can lead to ongoing business, free word-of-
mouth promotion and information from customers that can generate
leads.