Art of Negotiation - effective negotiation skills Assignment

Art of Negotiation - effective negotiation skills - Assignment Example require managers that can negotiate with businesses located in overseas regions as managers will have to bargain an effective and profitable deal for their own business if they want to operate overseas (Katz, 2011). Another issue that is taking place due to globalization is that the level of competition between organizations has increased. Organizations do not only complete in their host nations, they even have to compete in global regions. Due to this it has become essential for organizations to obtain resources while paying the lowest cost. In order to obtain resources and services at low cost managers need to have good negotiation skills (Benoliel, 2011). Good negotiation skills have even become very important for managers in order to deal with people from different backgrounds. A manager cannot use the same negotiation skills while dealing with people and business from different parts of the world. Therefore, a manager needs to have diverse negotiation skills in order to understa nd the likes and dislikes of people around the world and negotiate with