Define negotiation
1 answer
Negotiation is a process in which two or more parties with conflicting interests come together to reach a mutually beneficial agreement. It involves a series of discussions and interactions aimed at resolving differences, finding common ground, and ultimately reaching a compromise or consensus. Negotiation typically involves exploring options, making concessions, and finding solutions that meet the needs and interests of all parties involved. It can occur in various contexts, such as business, diplomacy, legal disputes, or personal relationships. Effective negotiation skills involve good communication, active listening, problem-solving abilities, and the ability to understand and empathize with the perspectives and interests of others.