Understand that contract negotiation is process

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Reference no: EM132163341

Discuss and explain which best practice you have found to be the most important or the most useful to you out of these practice below? Buyer and Seller (Contract Negotiation and Formation) ? Understand that contract negotiation is a process, usually involving a team effort ? Select and train highly skilled negotiators to lead the contract negotiation process ? Know market and industry practices ? Prepare yourself and your team ? Know the other party ? Know the big picture ? Identify and prioritize objectives ? Create options—be flexible in your planning ? Examine alternatives

Reference no: EM132163341

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