In every business or in various situation of life, negotiation is an important aspect and it plays a vital role.
since by this concept of negotiation, everyone come into conclusion and stands on that which is accepted by everyone.
This is a process of settling people with who have differences and bringing them to an agreement at one piont.
The main aim of negotiation is to get best results for all the different parties involved in the process of negotiation.
The flow of negotiation is categorised into three phases. They are as follows:
1. Initiation: This stage is very important phase of negotiation and involves in preparing goals and objectives,
making proper decisions with respect to the process of whole project.
A good and healthy relationship should be established between the opposite parties.
Because this in turn helps in minimizing the number of resources which need to be used in the project.