Question

Is a negotiation between private individuals different from a negotiation between companies? Why or why not?

Answer 1

Ans- Yes there is a difference in negotiation between private individuals and negotiation between companies and the difference is that companies negotiations takes place in a more formal way at a certain place and private individuals negotiations takes place in a informal manner. There is no need of going through a formal procedure in doing the negotiation and can take place anywhere. Most of the time a professional is hired in going through the negotiation process of companies while private individuals do their negotiation in their own way and a professional is hired rarely in some cases where they are very much required and without them it would not be possible. when doing  negotiations between companies one needs to be prepared ahead of time with questions like what needs to be asked, what is expected from the negotiation, who will be involved etc while negotiations between private individuals does not requires to prepared ahead of time and they just need to go with the flow. The companies need to follow certain rules while doing the negotiation while private individuals does not have any rules to follow. They are free to do their negotiation in their own way

The differences exists because a company is place of work and everything has to be done in a formal way and they have to follow company rules while private individuals are common man and so they do not need to go through a formal way of conducting the negotiation and they do not have any rules set for.