What is the dictionary definition of negotiation?

negotiation. / (nɪˌɡəʊʃɪˈeɪʃən) / noun. a discussion set up or intended to produce a settlement or agreement. the act or process of negotiating.

What is negotiation Oxford dictionary?

noun. /nɪˌɡoʊʃiˈeɪʃn/ [countable, usually plural, uncountable] formal discussion between people who are trying to reach an agreement peace/trade/wage, etc.

What is negotiation according to different scholars?

According to Rubin and Brown (1975), negotiation refers to a process in which individuals work together to formulate agreements about the issues in dispute. This process assumes that the parties involved are willing to communicate and to generate offers, counter-offers, or both.

What does negotiation mean kid definition?

Kids Definition of negotiation : the act or process of having a discussion in order to reach an agreement.

What is negotiation in social studies?

Negotiation is a method by which people settle differences. It is a process by which compromise or agreement is reached while avoiding argument and dispute. In any disagreement, individuals understandably aim to achieve the best possible outcome for their position (or perhaps an organisation they represent).

What is negotiation in a sentence?

the activity or business of negotiating an agreement; coming to terms. 1 The price is a matter of/for negotiation. 2 These proposals represent a realistic starting point for negotiation. 3 It’s time for some serious negotiation.

What is a negotiation framework?

A good negotiation framework or methodology, much like a frame, defines the problem by eliminating irrelevant clutter and clarifies our path towards our negotiation goals. Preparing for a negotiation can be equated to a couple coming together to build their dream house.

What is contract negotiation?

Contract negotiation is the process of coming to an agreement on a set of legally binding terms (here, we’ll focus on negotiation between two companies). When two companies negotiate, both parties seek to obtain favorable terms and minimize financial, legal and operational risk.

What is negotiation in HRM?

Negotiation is a form of decision-making where two or more parties approach a problem or situation wanting to achieve their own objectives – which may or may not turn out to be the same. In the employee relations arena, negotiation usually takes place within the collective bargaining environment.