Negotiation

Negotiation is an interaction and process between organizations that agree to agree on issues of mutual interest while optimizing their individual profits. This beneficial result can be for all parties involved, or only for one or some of them.

Negotiation is the method by which people resolve differences. It is the process by which a compromise or agreement is reached, avoiding disputes and disputes.

In any disagreement, it is understandable for people to strive for the best possible outcome for their position (or perhaps the organization they represent). However, the principles of equity, seeking mutual benefit and maintaining relationships are the keys to a successful outcome.

Specific forms of negotiation are used in many situations: as examples, international affairs, the legal system, government, labor disputes or internal relations. However, general negotiation skills can be learned and applied in a wide variety of fields. Negotiation skills can be very helpful in resolving any disagreements that arise between you and others.

negotiation
/nɪɡəʊʃɪˈeɪʃ(ə)n/
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