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- Allowing or giving up somethingLearn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.something that is allowed or given up, often in order to end a disagreement, or the act of allowing or giving this:dictionary.cambridge.org/us/dictionary/english/conc…A negotiation concession, also known as a “trade-off,” is the act of yielding or compromising to reach a mutually beneficial agreement. It can include a variety of factors such as price, quantity, quality, delivery time, and deal terms.www.shapironegotiations.com/communication/neg…
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WebFeb 27, 2023 · When to Make a Concession in Negotiation. Making concessions in a negotiation can be a powerful tool, but many …
WebNov 21, 2023 · A concession refers to a deviation in an offer towards the other party's interest, thus reducing the expected benefits. In a negotiation, a party must be willing...
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