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- Strategic discussion between two or more partiesNegotiation in business refers to a strategic discussion between two or more parties12. These parties may have common and conflicting interests, and the goal is to reach an agreement that satisfies their needs and goals. Negotiation is a vital skill for business professionals to resolve disputes, create value, and build relationships2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Negotiation is a strategic discussion between two parties to resolve an issue in a way that both find acceptable. Negotiations can take place between buyers and sellers, employers and prospective employees, or the governments of two or more countries, among others.www.investopedia.com/terms/n/negotiation.aspNegotiation is a term that refers to a strategic discussion between two or more parties who have some common and some conflicting interests, and who aim to reach an agreement that satisfies their needs and goals. Negotiation is a vital skill for business professionals, as it allows them to resolve disputes, create value, and build relationships.blog.rexcer.com/negotiation-meaning-in-business/
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