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Business strategy
Elements of effective business negotiations
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[QUOTE="Axis, post: 300475, member: 66672"] Negotiation in business is absolutely important and in my own view and perspective it seems to be one of the most necessary skills a business manager or a business owner must definitely possess. With the skill of negotiation a business manager is able to interact and communicate clearly to his or her clients and customers as well as investors who are ready to invest in his or her business as well as business organisation. Negotiation is more helpful when it comes to seeking for loans and grants possibly from business organisations or from co business owners. It helps you to communicate and also interrupt clearly however it is important that when negotiating you must be professional and being professional simply means that all negotiation details as well as contract must be documented consecutively. The main reason why all business negotiation details must be documented consecutively is because of easy retrieval of information especially when a data is mismanaged or miss understood. [/QUOTE]
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