Literature Review;
October 7, 2020
What factors affect a firm’s degree of transaction exposure in a particular currency? For each factor, explain the desirable characteristics that wo
October 7, 2020

Contract Negotiations

Contract Negotiations

Contract negotiations require considerable education, experience, and training. Trained negotiators have solid knowledge and skill sets that often enable them to garner a more favorable contract for their party.

In a one-to-three page paper, detail the following in relation to contract negotiation:

Describe the knowledge and skill that are critical to the success of a contract negotiator.
Present one strategy an effective negotiator should consider to achieve a more favorable contract (for e.g., to prepare diligently for each negotiation).