Ticket-3 What is negotiation and why is it important?

TASHKENT FINANCIAL INSTITUTE ACCOUNTING AND AUDIT (BHA 59-2)GROUP STUDENT ABDULLAEV MIRALI FINAL TEST ON ENGLISH
Ticket-3

1. 
   What is negotiation and why is it important?
   

Negotiation is a method by which people settle differences. It is a process by which compromise or agreement is reached while avoiding argument and dispute.
In any disagreement, individuals understandably aim to achieve the best possible outcome for their position (or perhaps an organisation they represent). However, the principles of fairness, seeking mutual benefit and maintaining a relationship are the keys to a successful outcome.
Specific forms of negotiation are used in many situations: international affairs, the legal system, government, industrial disputes or domestic relationships as examples. However, general negotiation skills can be learned and applied in a wide range of activities. Negotiation skills can be of great benefit in resolving any differences that arise between you and others.

2. 
   What is CSR advantages and disadvantages?
   

Corporate Social Responsibility (CSR) is referred to as a technique of carrying on a corporation that not only focuses to increase the profitability, but also attempts to look for solutions to emphasise on social, culture, and environmental results of the corporation. Also, an entity should be responsible to a community or you can say in simple words, society as well as other stakeholders that are influenced by its actions and related functions. When such a plan or policy is applied by the senior management, it targets to create a goal to support ethical terms and the habit of valuing the societies, individuals living in the communities, and the overall culture where the company is needed to handle its compliance with the set standards in CSR and to report this with similar occurrence as to how frequently it accounts its annual reports.
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