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Negotiation is a process of communication between individuals or groups with the aim of reaching an agreement or compromise that satisfies everyone involved. It involves exchanging and discussing offers, demands, and concessions to arrive at a mutually beneficial outcome. Effective negotiation requires the ability to listen actively, understand the needs and interests of both parties, and creatively brainstorm solutions that address those needs. It is a crucial skill in both personal and professional settings, from resolving conflicts to making business deals.
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