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Important power in negotiation

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Reference no: EM131350226

Please explain the following in a 150 word paragraph. Just one paragraph. No APA.

Power of Information

  • Informational source of power is considered the most important power in negotiation. 
  • Explain why negotiators prefer information over any other form of power in the negotiation process. 
  • Provide an example of how power of information can be used in negotiation.

Reference no: EM131350226

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