The role and importance good business negotiation skills for modern managers

Negotiating represents a skill that is present in every aspect of life, whether it is everyday negotiations over simple matters, or business negotiations, which are the primary focus of this paper. Negotiation always occurs between two interested parties. This skill has existed as long as humankind,...

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Main Authors: Cvetković Filip, Kovačević S.Maja, Stanković Aleksandar, Andrejević Dejan, Filev Mihajlo
Format: Article
Language:srp
Published: University Business Academy - Faculty of Economics and Engineering Management, Novi Sad, Serbia 2024-01-01
Series:Ekonomija: teorija i praksa
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2217-5458/2024/2217-54582403128C.pdf
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author Cvetković Filip
Kovačević S.Maja
Stanković Aleksandar
Andrejević Dejan
Filev Mihajlo
author_facet Cvetković Filip
Kovačević S.Maja
Stanković Aleksandar
Andrejević Dejan
Filev Mihajlo
author_sort Cvetković Filip
collection DOAJ
description Negotiating represents a skill that is present in every aspect of life, whether it is everyday negotiations over simple matters, or business negotiations, which are the primary focus of this paper. Negotiation always occurs between two interested parties. This skill has existed as long as humankind, but it has never been as important as it is today. Trade gave rise to the phenomenon of negotiation, which, in ancient times, replaced violent seizure and theft. Today, business negotiation is a highly valued skill. Not every negotiator possesses a natural talent for negotiation, which is why many researchers have dedicated themselves to studying this skill, developing a wide range of theoretical frameworks to help people learn and refine their negotiation abilities. These foundational principles are the subject of this paper, along with the main elements of business negotiation, the characteristics of a successful negotiator, and numerous recommendations for honing business communication and negotiation skills. The aim of this research is to highlight the significance of the manager's role and to demonstrate that effective business negotiation requires knowledge, precision, and the ability to assess psychological factors.
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institution Kabale University
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language srp
publishDate 2024-01-01
publisher University Business Academy - Faculty of Economics and Engineering Management, Novi Sad, Serbia
record_format Article
series Ekonomija: teorija i praksa
spelling doaj-art-16d926a00bf84340b2fac0eb7ce7263d2025-01-08T15:21:21ZsrpUniversity Business Academy - Faculty of Economics and Engineering Management, Novi Sad, SerbiaEkonomija: teorija i praksa2217-54582620-02282024-01-0117312814110.5937/etp2403128C2217-54582403128CThe role and importance good business negotiation skills for modern managersCvetković Filip0Kovačević S.Maja1Stanković Aleksandar2https://orcid.org/0009-0005-9657-4766Andrejević Dejan3Filev Mihajlo4Univerzitet Privredna akademija u Novom Sadu, Fakultet primenjenih nauka, Niš, SerbiaUniverzitet Privredna akademija u Novom Sadu, Fakultet za ekonomiju i inženjerski menadžment, Novi Sad, SerbiaUniverzitet Privredna akademija u Novom Sadu, Fakultet primenjenih nauka, Niš, SerbiaUniverzitet Privredna akademija u Novom Sadu, Fakultet primenjenih nauka, Niš, SerbiaUniverzitet Privredna akademija u Novom Sadu, Fakultet primenjenih nauka, Niš, SerbiaNegotiating represents a skill that is present in every aspect of life, whether it is everyday negotiations over simple matters, or business negotiations, which are the primary focus of this paper. Negotiation always occurs between two interested parties. This skill has existed as long as humankind, but it has never been as important as it is today. Trade gave rise to the phenomenon of negotiation, which, in ancient times, replaced violent seizure and theft. Today, business negotiation is a highly valued skill. Not every negotiator possesses a natural talent for negotiation, which is why many researchers have dedicated themselves to studying this skill, developing a wide range of theoretical frameworks to help people learn and refine their negotiation abilities. These foundational principles are the subject of this paper, along with the main elements of business negotiation, the characteristics of a successful negotiator, and numerous recommendations for honing business communication and negotiation skills. The aim of this research is to highlight the significance of the manager's role and to demonstrate that effective business negotiation requires knowledge, precision, and the ability to assess psychological factors.https://scindeks-clanci.ceon.rs/data/pdf/2217-5458/2024/2217-54582403128C.pdfbusiness negotiationsnegotiation skillcharacteristics of negotiatorsnegotiation psychologynegotiating counterpart.
spellingShingle Cvetković Filip
Kovačević S.Maja
Stanković Aleksandar
Andrejević Dejan
Filev Mihajlo
The role and importance good business negotiation skills for modern managers
Ekonomija: teorija i praksa
business negotiations
negotiation skill
characteristics of negotiators
negotiation psychology
negotiating counterpart.
title The role and importance good business negotiation skills for modern managers
title_full The role and importance good business negotiation skills for modern managers
title_fullStr The role and importance good business negotiation skills for modern managers
title_full_unstemmed The role and importance good business negotiation skills for modern managers
title_short The role and importance good business negotiation skills for modern managers
title_sort role and importance good business negotiation skills for modern managers
topic business negotiations
negotiation skill
characteristics of negotiators
negotiation psychology
negotiating counterpart.
url https://scindeks-clanci.ceon.rs/data/pdf/2217-5458/2024/2217-54582403128C.pdf
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