Final answer:
Negotiation is an essential skill in Business that aims to find a mutually acceptable solution that benefits both parties involved.
Step-by-step explanation:
The subject of this question is Business. Negotiation is an essential skill in business and involves reaching mutually beneficial agreements between parties. The goal of negotiation is not necessarily to develop a short-term partnership with a buyer, but rather to find a solution that satisfies both parties' interests and maximizes value.
During negotiation, both parties may engage in persuasive tactics to reach an agreement. Power dynamics and the ability to manipulate or exert pressure can also influence the outcome. However, the ultimate objective is to find a mutually acceptable solution that benefits both parties involved.