Home

negotiate

Negotiation is a strategic process in which two or more parties with overlapping or conflicting interests discuss terms to reach a mutually acceptable agreement. It can occur in business, diplomacy, law, labor relations, or daily life. The aim is to reconcile differences through dialogue rather than coercion.

The term derives from Latin negotium "business, task" via Old French negocier and Middle English forms, originally

Key concepts include BATNA (best alternative to a negotiated agreement) and ZOPA (zone of possible agreement).

Process: Typical stages are preparation, opening, exploration, bargaining, and closing, followed by implementation. Preparation involves defining

Types: Common settings include contract negotiations, salary discussions, supplier or distributor agreements, and international treaties. In

Ethical considerations include transparency, fairness, and respect for agreements; power imbalances, deception, and coercion can undermine

meaning
to
conduct
business;
over
time
it
came
to
refer
to
the
broader
act
of
bargaining
and
reaching
agreements.
Negotiations
may
be
interest-based
(focusing
on
underlying
needs)
or
position-based
(focusing
on
stated
demands).
Techniques
include
making
initial
proposals,
anchoring,
asking
questions,
listening,
identifying
interests,
making
concessions,
and
trade-offs.
Ethics
and
cultural
considerations
influence
perception
of
fairness
and
trust.
objectives,
limits,
and
alternatives;
opening
sets
tone;
bargaining
tests
options;
closing
formalizes
terms.
Effective
negotiators
seek
win-win
outcomes
when
possible
and
manage
risks
such
as
deadlock.
diplomacy,
negotiations
may
require
mediators,
protocols,
and
time
constraints.
outcomes.
See
also
arbitration,
mediation,
and
conflict
resolution.