Negotiation is the means by which people deal with their differences. Differences involving the purchase of a new laptop, a labour contract dispute, the terms of a sale, a complex alliance between two persons or companies a peace accord between political tensions.
In either conflict resolutions or supply chains, negotiations are typically sought through is settled or purchase mutually. To negotiate is to seek mutual agreement through dialogue. Negotiation is an ever-present feature of our lives both at home Or at work. When a parent and a child talk about how the child will improve his subject scores, they are negotiating. So, when companies agree on who will do the yard work and who will do shopping. In the Workplaces, Churches, Politics, Businesses, Political Parties, Between Husband and Wife; Nations and Nations, negotiations are even more important. It is what the advanced nations do with foresight to win or explore weaker nations.
A business negotiation may be a formal affair that takes place across the proverbial bargaining table, in which you haggle over price and performance in order to achieve more.
There are two forms of negotiation, they are as follows:
- Business Strategy of price; Business Communication.
Sources/ further study: Sales Sense.
2 Conflict Resolution through mutual means.