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What is Negotiation?

by TheBusinessProfessor | Feb 23, 2025 | Business Communications & Negotiation

What is Negotiation?Negotiation is a process by which two or more individuals communicate with the purpose of furthering or achieving differing or conflicting perceived interests or objectives. Further, negotiation is an instance in which parties engage in the...

Influences Leading Parties to Negotiate – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Communications & Negotiation

Why do Parties Negotiate?Negotiations result from actual or perceived conflicts of interest or objectives between two parties. The intent is to better ones current position (further their interests or objectives) by achieving mutual assent with regard to differing...

Characteristics Common to All Negotiations – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Communications & Negotiation

What characteristics are common to all negotiations?Negotiations can vary greatly in their topics, objectives, and parties involves. Nonetheless, there are several characteristics common to all negotiations, discussed below. Parties A negotiation will consist of two...

The Negotiators and the Situation Affect Negotiation Process – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Communications & Negotiation

What differences among negotiators that affect the negotiation process?Individuals negotiate to further an interest or achieve an objective or resolve an existing dispute in a mutually acceptable manner. They do so in light of the characteristics of the situation...

Conflicts Give Rise to Negotiation – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Communications & Negotiation

How does Conflict Lead to Negotiation?Conflicts arise when one or more parties to a situation differ in their interests or objectives. One or more of the partys actions or ideas (beliefs) in furtherance of these interests or objectives are incongruent or at odds with...

Dependence Level in Negotiation – Explained

by TheBusinessProfessor | Feb 23, 2025 | Business Communications & Negotiation

What is the level of dependence in a conflict negotiation?Dependence concerns the extent to which parties to a conflict rely on the other to achieve an outcome or resolution of the conflict. Negotiations are generally characterized as follows: What is an Independent...
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