Rules of Negotiation

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Unzorna19

Business Finance

Description

Rules are a vital part of a successful multiparty negotiation. For this week's assignment you are to create a list of 10 rules that you will enforce as a third-party neutral in a multiparty negotiation. For each rule, include a description of the rule, how it will be used, and why you included it in the list.


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Explanation & Answer

Attached below,Find the completed work for your review. Let me know in case you need anything amended.

Running Head: NEGOTIATION RULES

Negotiation rules
Name
Institutional Affiliation

Rules to a successful negotiation process

Negotiation can defined as a dialogue which takes place between two or more parties in
order to reach an agreement or come up with a solution to a common problem. It is intended to
help them satisfy their interests either as individuals or collectively. There must exist some form
of discipline between the parties in a negotiation process. This is discussed in terms of rules to be
observed as outlined below;
1. Create a bargaining zone
As a starting point, all the parties to the negotiation are requested to list their expectations
in terms of what they really need to pay or how much they expect to be paid. These are the desired
outcomes for all the parties. This is despite apprec...


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