Negotiations Definition

When most people think of the word “negotiation,” they think of haggling over the price of a car or debating the terms of a contract. But negotiation is so much more than that. It’s a process of communication between two or more parties to reach an agreement.

The key to successful negotiation is understanding the other party’s interests and finding common ground. It’s also important to be clear about your own interests and what you’re willing to compromise on.

With that in mind, let’s take a closer look at the negotiation process and some key tips for success.