Business Negotiation – Lesson 2 Chapter 1 Slide 1One of the most important things to remember in business is to never make enemies
You don ’t have to love everyone, but if you dislike someone make sure you don ’t sho w it
Your enemy today may be your boss tomorrow
Slide 2The basic principles of negotiation are:- communication, negotiable issues, common interests, give and take, trust and to be a good listener
Slide 3The most successful negotiation ends with a win-win solution
Both parties must feel as though they have gained something
Both parties must negotiate towards a mutual gain
Slide 4Before negotiations begin, both parties should know the following six details:- why, who with, what, where, when and how they negotiate
Slide 5Negotiation is a process of exchanging information be