How will you plan and prepare for Negotiation?

Answer

Execution of a plan brings a successful negotiation. The following are the steps that help you to plan and prepare:

1. Think through your objectives:

    You should concentrate on the issues and concepts. But people keep focusing on money.

2. Develop a time perspective:

    Time has to be devoted for the effort.

3. Identify sources of power:

    Influences an outcome by logic validity or legitimacy of a position. Positive sources of power should be there and that sources are Persistance, Competiton, Involvement, Legitimacy, Expertise, and Attitude.

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