Define BATNA

BATNA stands for best alternative to negotiated agreement. In negotiation theory, the best alternative to negotiated is the most advantageous alternative course of action a party can take if negotiations fail and an agreement cannot be reached. It is the key focus and driving force behind a successful negotiator.

Define BATNA, SMART, Tangible, Arbitrator, Team, Minutes of Meeting, Agenda, Encoder and Non-Verbal Communication.

BATNA It stands for best alternative to negotiated agreement. In negotiation theory, the best alternative to negotiated is the most… Read More

4 years ago