Contract negotiations require considerable education, Ask an Expert

Management Studies

Contract negotiations require considerable education, experience, and training. Trained negotiators have solid knowledge and skill sets that often enable them to garner a more favorable contract for their party.

In a 2 page paper, detail the following in relation to contract negotiation:

Describe the knowledge and skill that are critical to the success of a contract negotiator.
Present one strategy an effective negotiator should consider to achieve a more favorable contract (for e.g., to prepare diligently for each negotiation).

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