Communication and Negotiation in Bussines
Project of communication and negotiation in business
Negotiation Introduction:
Concept:
The term ‘Negotiation’ actually means a discussion intended to produce an agreement. This discussion may encompass parties whose needs being different, come to an interface where they achieve a common solution.
We certainly find examples of day-to-day negotiations whenever we are in dire need of buying articles and goods for maintaining our living. A negotiating party may as well be a consumer at one end and the seller at the other end. A transaction is not carried out unless the wants and needs of the customer are not given certain taste of satisfaction, keeping in regard of the profit earned. In order to add to this agenda of transaction the key point that is fundamental is Negotiation.
The same maybe applied in case of Managers, who make use of their excellent persuasive and negotiating skills to equip themselves to guide their employees towards joint problem solving and in joint opportunity finding.
Negotiation is the process of two individuals or groups reaching joint agreement about differing needs or ideas. Negotiation applies knowledge from the fields of communications, sales, marketing, psychology, sociology, politics, and conflict resolution.
Negotiations become an important aspect of business communication when resolving issues. Business negotiations can range from a worker's request for higher pay to discussions of an international business deal.
Negotiation Process:
The process of negotiation is instrumental in achieving the desired results in the company’s run of transactions. It is therefore necessary for a business deal to adhere to strict stages in the negotiation.
The basic stages of negotiation may be enlisted as: (a) Preparation: The preparation for a negotiation may involve: * Identifying what the needs are. * Planning thoroughly. * Identifying alternatives and prioritizing issues (BATNA-Best alternative to negotiated
Negotiation Introduction:
Concept:
The term ‘Negotiation’ actually means a discussion intended to produce an agreement. This discussion may encompass parties whose needs being different, come to an interface where they achieve a common solution.
We certainly find examples of day-to-day negotiations whenever we are in dire need of buying articles and goods for maintaining our living. A negotiating party may as well be a consumer at one end and the seller at the other end. A transaction is not carried out unless the wants and needs of the customer are not given certain taste of satisfaction, keeping in regard of the profit earned. In order to add to this agenda of transaction the key point that is fundamental is Negotiation.
The same maybe applied in case of Managers, who make use of their excellent persuasive and negotiating skills to equip themselves to guide their employees towards joint problem solving and in joint opportunity finding.
Negotiation is the process of two individuals or groups reaching joint agreement about differing needs or ideas. Negotiation applies knowledge from the fields of communications, sales, marketing, psychology, sociology, politics, and conflict resolution.
Negotiations become an important aspect of business communication when resolving issues. Business negotiations can range from a worker's request for higher pay to discussions of an international business deal.
Negotiation Process:
The process of negotiation is instrumental in achieving the desired results in the company’s run of transactions. It is therefore necessary for a business deal to adhere to strict stages in the negotiation.
The basic stages of negotiation may be enlisted as: (a) Preparation: The preparation for a negotiation may involve: * Identifying what the needs are. * Planning thoroughly. * Identifying alternatives and prioritizing issues (BATNA-Best alternative to negotiated