The art of Negotiation
Negotiation is often described as an art because it involves strategy, tactics, skill, empathy and patience.
A negotiation is a strategic discussion that resolves an issue in a way that both parties find acceptable.
In a negotiation, each party tries to persuade the other to agree with his or her point of view.
By negotiating, all involved parties try to avoid arguing but agree to reach some form of compromise.
Negotiations in business
In business, there can be times when negotiation needs to take place and often they involve finances.