Negotiation stages

Negotiation stages are the stepsical process used to reach an agreement. First, both parties prepare by understanding their needs and goals. Next, they share information, discuss their positions, and listen to each other's perspectives. Then, they explore options, look for common ground, and seek mutually beneficial solutions. Once a tentative agreement is reached, they review the details and finalize terms. Finally, they formalize the agreement and follow through. These stages help ensure a fair and effective negotiation, allowing both sides to communicate openly and work toward a satisfactory outcome.