Stages of a Multi-Party Negotiation

Stages of a Multi-Party Negotiation

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Interactive Video

Business

University

Hard

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The video tutorial explains the stages of multi-party negotiation: pre-negotiation, formal negotiation, and agreement. In the pre-negotiation stage, parties identify participants, form coalitions, and set agendas. The formal negotiation stage involves executing the agenda, managing conflicts, and seeking consensus. The agreement stage focuses on reaching consensus, evaluating alternatives, and learning from the process.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How do parties manage conflicts during the negotiation process?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the agreement stage in negotiation?

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