Cross Cultural Negotiation
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Title: Cross Cultural Negotiation

Essay Details:

Subject: English
Author: Ava A
Date: September 18, 2015
Level: University
Grade: A
Length: 5 / 1357

Essay text:

International competition, foreign clients and suppliers may become a danger, but they may also create huge opportunities to develop our business. The increasingly global business environment requires managers to approach the negotiation process from the global business person’s point of view. This approach includes aspects which are usually unimportant in domestic negotiations. Some of the components of a cross cultural negotiation process are more complex and difficult, but will increase our success in avoiding barriers and failures in the international business arena. When doing business internationally, we need to consider (Salacuse, 1991): The negotiating environment Cultural and sub-cultural differences Ideological differences Foreign bureaucracy Foreign laws and governments Financial insecurity due to international monetary factors Political instability and economic changes If we consider the fact that negotiating with our fellow citizen is not an easy task due to many individual differences, it would be reasonable to suggest that negotiating with foreigners may be even more difficult...

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