Science – Future of Lithuania / Mokslas – Lietuvos Ateitis, Vol 5, No 1 (2013)

Business Negotiation Strategies: the Concept, Definitions and Process

Kęstutis Peleckis

Abstract


The modern business is developing in the context of rapid social and political changes, which contributes to the changes in economic and cultural priorities as well as mindset and behaviour of people. This puts new requirements on development and implementation of business negotiation strategies, aiming to ensure that during bargaining, everything is done to understand the other party and related contexts, to achieve mutual understanding, to reach common agreement and eventually find the optimal negotiating decision. The author of this article researched and analysed negotiation process concepts in the global scientific literature and practice. The article examines negotiation and bargaining concepts. Also, the global analysis of the scientific literature revealed that there is no single negotiation planning concept. The author defines the basic conceptual negotiation planning concepts. The paper deals with negotiation strategy conceptions used by scientists around the world. Conclusions present the proposals for further business negotiation research.Article in Lithuanian

Article in: Lithuanian

Article published: 2013-04-05

Keyword(s): negotiation; negotiation strategy; bargaining; negotiation cycles; negotiation strategic decisions

DOI: 10.3846/mla.2013.03

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Science – Future of Lithuania / Mokslas – Lietuvos Ateitis ISSN 2029-2341, eISSN 2029-2252
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