Liz and moss disagree over the amount due under their contract. to avoid involving any third party in the resolution of their dispute, Liz and moss could resolve their dispute through Negotiation.
What's Negotiation?
- Concession is a dialogue between two or further people or parties to reach an asked outgrowth regarding one or further issues of conflict.
- It's commerce between realities who aspire to agree on matters of collective interest.
- The agreement can be salutary for all or some of the parties involved.
- The Mediators should establish their requirements and wants while also seeking to understand the wants and requirements of others involved to increase their chances of closing deals, avoiding conflicts, forming connections with other parties, or maximizing collective earnings.
What's the significance of concession?
- Good accommodations contribute significantly to business success, as they help you make better connections.
- Deliver lasting, quality results — rather than poor short-term results that don't satisfy the requirements of either party.
- Help you avoid unborn problems and conflicts.
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