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Chapter 5 of SCIT1003 by Prof. Tsang explores the intricacies of bargaining in negotiations. It delves into the psychological and strategic elements that influence bargaining power, the importance of communication, and tactics for achieving favorable outcomes. The chapter emphasizes the role of preparation, relationship management, and adaptability during negotiations. Through real-world examples, readers learn how to navigate complex bargaining scenarios and enhance their negotiation skills for professional and personal contexts.
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