negotiation

(noun)

the process of achieving agreement through discussion

Related Terms

  • trade-off
  • marketing exchange

Examples of negotiation in the following topics:

  • Negotiating

    • B2B buyers and sellers use negotiating tactics to agree upon terms and pricing that benefit both the customer and the seller.
    • The negotiation process is an important step during the business-to-business (B2B) buying process.
    • Due to globalization and evolving business trends, more companies are now using negotiation teams.
    • The capacity base of a negotiation team can also reduce errors and strengthen the long-term buyer-seller relationship because of the improved accuracy and wider range of knowledge that can be brought to the negotiation.
    • Negotiating tactics in B2B transactions involve taking into account both buyer and seller interests.
  • Overview of Negotiating Strategies

    • There are multiple negotiation styles and negotiation strategies which can be combined to yield different strategies.
    • Negotiation strategies and tactics, as discussed in prior atoms, tend to revolve around distributive negotiation (hard-bargaining and haggling) and integrative negotiation (value-added negotiation).
    • It is useful to understand the basic components of negotiation, the five negotiating styles, the three types of negotiation, and the way in which emotion affect the negotiation process.
    • The behavior of the negotiators is guided by the relationships and communication styles, and substance of the negotiations is guided by the actual commodity, service, or agenda in question.
    • 'My final offer' is an example of this type of negotiation.
  • Negotiating the End of Apartheid

  • Collective Bargaining

    • Collective bargaining is negotiation between unions and employers to come to an agreement on the conditions of employment.
    • The collective agreements reached by these negotiations attempt to establish:
    • Individual negotiation is prohibited.
    • The union may negotiate a specific agreement with a single employer, or it may negotiate with a group of businesses to reach an industry-wide agreement.
    • Outline the conditions and negotiation process between groups of employees (unions) and employers in the human resource frame
  • Skills for building positive relationships

    • Two key skills that promote positive relationships are negotiation and facilitation.
    • Negotiation skills can assist with problem solving and conflict resolution with partner organizations.
    • Negotiation skills are necessary for managers to ensure they understand the goals and tactics of others.
    • Negotiation involves understanding goals and the impacts of the range of possible outcomes on an organization.
    • Adept negotiators must be able to identify compromises such that both partners are supportive of the resulting agreements.
  • Introduction to Influence and Negotiation

    • Influence and negotiation are a central communicative component of management, potentially creating value or sales for the company.
    • However, negotiation usually falls under one of two loose strategies: distributive negotiation and integrative negotiation.
    • Integrative negotiation is more principle and based on the mutual recognition of the objectives for each party.
    • The negotiation is a shared concern as opposed to two separate concerns combating one another.
    • Recognize the inputs in negotiating and influence in the business world and extend these concepts into the global framework.
  • A Brief Definition

    • Through collective bargaining, employers and employees negotiate the conditions of employment.
    • Collective bargaining is a process of negotiation between employers and a group of employees aimed at reaching an agreement that regulates working conditions .
    • The union may negotiate with a single employer (who is typically representing a company's shareholders) or may negotiate with a group of businesses, depending on the country, to reach an industry-wide agreement.
    • The parties often refer to the result of the negotiation as a collective bargaining agreement (CBA) or as a collective employment agreement (CEA).
    • The collective agreements reached by these negotiations usually set out wage scales, working hours, training, health and safety, overtime, grievance mechanisms, and rights to participate in workplace or company affairs.
  • Striking Agreements to Avoid Bankruptcy

    • Most creditors are willing to negotiate a settlement to receive a portion of their money and not risk losing everything in a bankruptcy.
    • Therefore, most creditors are willing to negotiate a settlement so that they receive a portion of their money, instead of risking losing everything in a bankruptcy.
    • Negotiation is a viable alternative if the debtor has sufficient income, or has assets that can be liquidated so the proceeds can be applied against the debt.
    • Negotiation may also buy the debtor some time to rebuild finances.
    • The main cost associated with debt restructuring is the time and effort required to negotiate with creditors.
  • The Symbolic Interactionist Perspective

    • Symbolic interactionists view the family as a site of social reproduction where meanings are negotiated and maintained by family members.
    • This emphasis on symbols, negotiated meaning, and the construction of society as an aspect of symbolic interactionism focuses attention on the roles that people play in society.
    • They argue that shared activities help to build emotional bonds among family members, and that marriage and family relationships are based on negotiated meanings.
    • They argue that shared activities help to build emotional bonds and that marriage and family relationships are based on negotiated meanings.
  • The Role of the Manager in an Evolving Organization

    • Managers play a number of roles in evolving organizations, including leader, negotiator, figurehead, liaison, and communicator.
    • In these situations, organizations need a manager who can fulfill several roles, including leader, negotiator, figurehead, and communicator.
    • A negotiator is similar to a leader.
    • When organizations are developing or undergoing change, the manager is often required to negotiate clearly and steadfastly with competitors, contractors, suppliers, and employees.
    • A manager needs to be able to negotiate with all of these parties in a way that effectively serves the best interests of the organization.
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