Question

Negotiation strategy dispute resolution is a subject matter of of Human Resource Management. Discuss.

Answer 1

Negotiation is a conversation between two or more people or a country that aims to achieve good results on one or more of the issues when there is at least one of these conflicts. Negotiation is the interaction and process between entities that facilitate to reach agreement on issues of mutual interest while their services are individual. This favorable outcome may be for all parties involved or only for one or several parties. Negotiators need to understand the negotiation process and other negotiators to increase the chance of making an agreement, avoid conflict, build relationships with other parties, and make a profit.

It aims to address differences to benefit an individual or group or produce results to satisfy different interests. It is often done by presenting a position and concession to reach an agreement. The degree to which the negotiating parties trust the implementation of an agreed solution is a key factor in determining whether or not the negotiation is successful.

People negotiate everyday, regardless of negotiation. Negotiations take place in organizations, including non-profits, and within and between governments, as well as in sales and litigation, as well as in personal situations such as marriage, divorce, parenting and more. Professional negotiators often have skills such as union negotiators, money laundering negotiators, peace negotiators or hostage negotiators. They can also work under other titles, such as diplomats, legislators or brokers. There are also negotiations made by algorithms or machines known as autonomous negotiations. For automation, participants in the negotiation process must be properly modeled.