FOLIO Ontology

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Identification

IRI:
https://folio.openlegalstandard.org/R7kD4ePZmjNDaw2a1pWIDds
Label Transaction Negotiation Dynamics
Preferred Label N/A
Identifier N/A
Alternative Labels
Transactional Bargaining Dynamics

Definition

Transaction negotiation dynamics refer to the processes and interactions involved in negotiating the terms and conditions of a business transaction between parties. These dynamics encompass various strategies, styles, and behaviors that influence the negotiation's outcome, including the degree of cooperation, conflict, and communication between the parties involved.

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