If both parties to a budget negotiation seek to expand the overall budget so that each party gets more, this is an example of which kind of negotiation strategy

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The kind of negotiation strategy whereby both parties to a budget negotiation seek to expand the overall budget so that each party gets more is an example of integrative negotiation.

An integrative negotiation refers to a negotiation approach whereby both party reach a joint agreement through the creation of value for each party

  • Here, the value created is that the overall budget will be expanded so that each party gets more.

Therefore, this type of negotiation strategy is known as integrative negotiation.

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