What are the merits of using the Internet to conduct negotiations

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Week 5, DQ 2

What are the merits of using the Internet to conduct negotiations? What tools or techniques would you employ to negotiate more effectively on the Internet? What are the long-term implications of Internet negotiations on global business transactions?

Saving time & money is important & negotiating via Internet helps in the aforementioned. The Internet allows you to easily retrieve information & conduct extensive research on potential business negotiations. Furthermore, the internet provides information on what & who the competition is, & the market value, to name a few. Tools & techniques to employ to negotiate effectively are: plan the negotiation, prepare by having all needed items & information, sharpen up my problem-solving & persuasive skills, maintain open...

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vomms
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Published On:
07/12/2019
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