What is impact of negotiations in business life cycle

Question

Accepted Answer

Negotiations impact business life cycle by affecting costs, relationships, and outcomes.

Negotiations can impact the cost of goods and services, affecting profitability and competitiveness.
Negotiations can also impact relationships with suppliers, customers, and other stakeholders.
Successful negotiations can lead to positive outcomes such as improved quality, increased efficiency, and innovation.
Poor negotiations can lead to negative outcomes such as delays, disputes, and damaged relationships.
Negotiations are important throughout the business life cycle, from procurement to contract management and beyond.

Accepted Answer

the goal of a negotiation is to get the best deal possible for you and your organization. In doing so, you are by definition improving your bottom line

What is impact of negotiations in business life cycle

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