Define negotiation.
1 answer
Negotiation is a process of dialogue and communication between two or more parties with the aim of reaching an agreement or compromise on a particular issue or scenario. It involves discussing various perspectives, interests, and objectives, and finding a mutually acceptable solution through bargaining, problem-solving, and trade-offs. Effective negotiation usually involves active listening, persuasive communication, and creative problem-solving skills. It is a common practice in business, politics, diplomacy, and everyday life to resolve conflicts, make deals, and achieve mutually beneficial outcomes.