Why Do Negotiators Need to Manage the Paradox Between Sticking

question 27

Essay

Why do negotiators need to manage the paradox between sticking with their prepared strategy and pursuing a new opportunity that arises during the process?

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Definitions:

Price

The quote of currency expected, called-for, or donated as payoff for something.

Traffic Crossing

A designated place where vehicles and pedestrians are regulated in their movement to safely cross paths.

Efficient Use

The optimization of resources or practices to achieve a goal with minimal waste and maximal effectiveness.

Demand Curve

A visual chart that illustrates how the demand for a product varies with its price, indicating the amount shoppers are willing to buy at different price levels.