
What are the Key Factors of Negotiation?


Key factors of negotiation include preparation, communication, flexibility, and understanding the other party's needs.
Preparation: Research and gather information about the negotiation topic, the othe...read more

1) should have thorough product knowledge
2) should have list of manufacturers or dealers of their products.
3) In-stock details of the product.
4) market price of the product.

Negotiate to the optimal price that makes parties happy, so that it fits within both organizational needs. (Buyer and supplier in this case), So proper communication, maintaining a good supplier relat...read more


irrigation,Electrification and civil Stores

Factor defined as the particular point of time the activities of factors
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