Entity: NEGOTIATION

NEGOTIATION Display Name
NEGOTIATION
Description

Negotiation is the process of discussing and reaching agreements with others. It involves communication and compromise to find mutually acceptable solutions.

Wiki Content

NEGOTIATION

Etymology

The word "negotiation" originated in the early 15th century from the Old French negociacion from Latin negotiatio from neg- "no" and otium "leisure". These terms mean "business, trade, traffic".

Definition

Negotiation is a strategic communication process that involves two or more parties with different interests in conflict resolution or decision-making. It is the process of discussing and reaching agreements with others through communication and compromise to find mutually acceptable solutions.

Historical Context

By the late 1570s, negotiation had the definition, "to communicate in search of mutual agreement". Throughout history, negotiation has been a fundamental aspect of human interaction, playing a crucial role in resolving conflicts and making decisions.

Cultural Significance

Negotiation is a universal skill that transcends cultural boundaries. Different cultures may have unique approaches to negotiation, but the core principles of communication, understanding, and compromise remain consistent.

Negotiation is closely related to conflict resolution, mediation, diplomacy, and bargaining. These concepts all involve communication and compromise to achieve mutually beneficial outcomes.

See Also

Definition

A strategic communication process that involves two or more parties with different interests in conflict resolution or decision-making.

Blockchain Details
Chain
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Contract Address
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DAO Address
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Sale Address
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Created By
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