Outline the key principles of effective negotiation skills in the context of suppliermanagement. Discuss how these principles contribute to achieving mutuallybeneficial outcomes in supplier negotiations Analyze the different negotiation strategies that can be employed in suppliernegotiations. Provide examples of when each strategy would be most appropriateand its potential impact on the outcome of negotiations. Discuss the potential business benefits of effective negotiation skills in suppliermanagement. Provide examples of how successful negotiations can lead to costsavings improved quality, innovation, and enhanced supplier relationships.