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Explain the Nature of Negotiation as an Alternative Dispute Resolution

Question 43

Essay

Explain the nature of negotiation as an alternative dispute resolution method used in a business setting.Include a brief description of the technical rules that govern the operation of the negotiation process,the parties involved in preparing for negotiations,who should conduct the negotiations,and the elements required for a negotiated resolution or settlement to be reached.

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Negotiation is a tool that business owne...

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