ENTREPRENEURIAL OPERATIONS
CHAPTER 7 ENTREPRENEURIAL LEADERSHIP AND MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Negotiation
|
|
|
mediation
|
|
|
interpersonal skills
|
|
|
management
|
Detailed explanation-1: -Negotiation is when individuals involved in a conflict come together to discuss a compromise. Mediation is the inclusion of a neutral person, called a mediator, to help the conflicting parties resolve their dispute and reach an agreement.
Detailed explanation-2: -What is negotiation? Negotiation has been defined as any form of direct or indirect communication whereby parties who have opposing interests discuss the form of any joint action which they might take to manage and ultimately resolve the dispute between them 1.
Detailed explanation-3: -Clearly define goals. It’s important to define your desired outcome ahead of time to ensure you stay focused. Consider the other party’s background. Be proactive. Know your role. Use established forums for negotiating conflicts. Be flexible with time. Focus on creating value. 24-Jun-2022