Describe the interested parties and their prospective goals in this negotiation.

Ppa605: negotiation bargaining & conflict management you have been

It is possible that the interested parties to this negotiation include the company and its investors as well as any other stakeholder with a vested in the outcome. Each party’s goals will vary depending upon their respective interests. The company might seek to increase profits while maintaining customer satisfaction or complying with regulatory requirements. Dividends and share buybacks could be an option for investors looking to maximize their return. Others, like employees and suppliers might want to achieve more personal goals. These could include job security or payments for services rendered. It is crucial that each party can come to an agreement that fulfills their individual needs and goals in order for negotiation to succeed.

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