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NEGOTIATION

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    THINGS RELATED WITH NEGOTIATION
  •   Study   Slideshow
  • What is compromise?
    A compromise is a mutual agreement where each side gives up something to reach a middle ground or resolution.
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  • Name three ways to can compromise?
    take turns, vote, trade offs
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  • How would you compromise if you and a friend wanted to watch a different movie?
    give your ideas
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  • What is negotiation?
    Making a decision together
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  • What are the key elements of a successful negotiation?
    effective communication, understanding of interests and priorities, willingness to compromise, creative problem-solving, and building trust between parties.
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  • What is BATNA in negotiation?
    BATNA stands for Best Alternative to a Negotiated Agreement, which is the course of action a party will take if negotiations fail.
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  • What is WATNA
    WATNA stands for Worst Alternative to a Negotiated Agreement, representing the least desirable outcome if no agreement is reached.
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  • What is reaching Stalemate means?
    it means that the parties involved are unable to make further progress or reach an agreement.
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  • give some examples of things which need to be negotiated in your daily work basis!
    - answer may vary
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  • What is WIN WIN SITUATION?
    it is a scenario in which all parties involved in a negotiation or interaction benefit or achieve their objectives.
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  • What is A Zero – sum game?
    a situation in which a benefit gained by one side means a loss to the other side
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  • How can technology and digital tools enhance the negotiation process?
    Communication:, data sharing, VR, AI etc.
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