Negotiation is an integral skill for managers.

Question

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Negotiation is a crucial skill for managers as they deal with various stakeholders and situations that require reaching mutually beneficial agreements. It helps in resolving conflicts, finding solutions, achieving goals and building relationships with team members, customers, suppliers, and other parties. Without negotiation skills, managers may face difficulties in getting things done, leading to time and cost overruns, communication breakdowns, and missed opportunities. Therefore, negotiation is a critical competency that managers must possess to be successful in their role.

Negotiation Is an Integral Skill for Managers