negotiation is more appropriate when other issues besides price are important or when competitive bidding will not satisfy the buyer’s requirements on various issues. true
A strategic conversation that finds a solution to a problem that both parties can accept is referred to as a negotiation. Each party tries to persuade the other to agree with their point of view during a negotiation. One party will always prevail in negotiations since there is a certain amount of give and take. But even a small compromise from one party must be accepted by the other. By engaging in negotiation, the parties concerned attempt to prevent conflict while agreeing on a compromise. There are many different types of negotiating partners, such as buyers and sellers, an employer and a potential employee, or governments of two or more nations.
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