Negotiation is a strategic discussion aimed at reaching an agreement between two or more parties. It involves communication, persuasion, and compromise, often in situations where interests conflict. Effective negotiation skills can lead to mutually beneficial outcomes, whether in business deals, personal relationships, or international treaties. In the context of business, negotiation is crucial for closing deals and resolving disputes. It requires understanding the needs and motivations of all parties involved. Successful negotiators often employ techniques such as active listening and problem-solving to create win-win scenarios, fostering long-term relationships and collaboration.