Preview

Int 452 International Sales And Negotiations Case Study

Good Essays
Open Document
Open Document
2488 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Int 452 International Sales And Negotiations Case Study
BOĞAZİÇİ UNIVERSITY
INTT 452 International Sales and Negotiations
Instructor: Osman Sabri Kıratlı

FINAL EXAMINATION
Name: Gamze Ayaz 2008501027

QUESTIONS
1) Country A is Japan, and Country B is United Kingdom. I choose these two countries because they have different cultures and languages. Japan’s automobile industry is soft, and UK is a good choice for education abroad. Moreover, Exporting to its automobiles to UK is a good strategic approach for NAC. The location of UK is suitable to for the transportation process. UK’s sea transportation industry is well developed due to its geographic conditions.

Japan’s cultural characteristics are:
• Face is very important for them. They believe they lose their face if they oppose to someone’s request.
…show more content…
It should be fairly constructed and efficient for each side. Arguing over positions produces unwise agreements which lead getting far away from the original interest of parties. Moreover, it is inefficient. Japan people gives a great importance in face, so bargaining on positions may lead them to save their face, which in turn leads more bargaining on positions. So, rather than focusing on positions, we should choose to focus on interests of both parties. Building relationships is important for Japan people, so to facilitate to build a strong, long term relationship focusing on interest rather than positions is …show more content…
In the following years NAC may want to transportation its vehicles to Asia coasts and south coast of UK. In this case further negotiations can be arranged with BSL. It is enough to agree for three RoRo ships of BSL to transport NAC’s vehicles, for now. NAC assumes it can pay 40$ to $60 per cubic meter range for transportation. But price can be arranged if BSL accepts the other issues.
- Bottom lines: We should consider different amounts of ships –for example, 5 RoRo ships - dedicated to transport our vehicles, if BSL comes with an effective and logical offer. We can think an upper amount of payment in case of an agreement suitable with our position.
- Interests: We should consider mutual interest in negotiations.
We can achieve a certain agreement, with gives the best deal and suitable for our interest with using principled negotiation strategy. We should focus on the needs and wants of our company and BSL. Identifying their interests will help us to better position and provide offers which in turn facilitate making agreement. Our employees do not know British culture, so investigating their cultural characteristics is also beneficial for us to learn more about their

You May Also Find These Documents Helpful

  • Best Essays

    Analysis of target country: economy, market and demand, trade policies and laws, Culture and political environment…

    • 2902 Words
    • 12 Pages
    Best Essays
  • Satisfactory Essays

    6) What is the NPV of buying a vessel if the Ocean Carriers does not secure a contract…

    • 264 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Case 7

    • 1317 Words
    • 4 Pages

    In the next four to five years, we expect that the demand to be significantly higher than the supply of dry bulk capesizes. The case states that Australia and India will increase their roles in the iron ore industry, which gives one an optimistic view on the future demand of capesize vessels. The production of iron ore in Australia is expected to increase; and the export of iron ore from India is also supposed to rise. This new possibilities for expansion should increase the demand of Ocean Carriers’ dry bulk capesizes and increase the amount of trading volume done by the company around the world. As for supply, the increase in technologies and manufacturing concerning capesizes will surely reduce the number of new vessels that need to be built each year. With the capesize fleet mostly under ten years of age, we do not…

    • 1317 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    In preparing for my Oceania negotiation I had to prepare myself to take on the role of the general sales manager for POP Productions. In doing so I read the role of the general sales manager and all the information that would be influencing and guiding my negotiation with the general manager of Windy City Theater about bringing in my Polynesian musical called Oceania. I read and analyzed this information multiple times until I had a complete understanding of the situation I was about to be submerged in and the responsibilities/duties I was obligated to fulfill. After completing this task and recognizing what my goals were I had to decide what strategy and type of negotiation I should use in order to plan appropriately and arrive at the goals assigned to me by POP Production. It was made clear that my goal was to structure a contract/deal with Windy City Theater that would outline an agreement concerning profit sharing of the box office tickets, salary amounts paid to my cast and crew, and who would be responsible for lodging/board costs. Having a lot of criteria and alternatives revolving around these three negotiable components, it created a wide range of bargaining mixes. With further research and exploration of information regarding WCT it was obvious that I did not have a clear understanding of their exact goals and priorities when it came to hosting a show in their theatre. Recognizing this blind spot and the importance to keep a positive and healthy relationship for the possibility of future business (Bugles); I decided to choose collaborative negotiation that would aim to create a settlement that fully satisfies all parties. After conceptualizing the information and present situation it had clearly outlined the necessary conditions that characterize collaborative negotiation and reinforced my theory that I was heading…

    • 2430 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Negotiation Planning 5

    • 1651 Words
    • 7 Pages

    * Access to vision technology. We would like complete access to Alpha Inc.’s R&D advances in artificial vision and the opportunity to sell vision-equipped robots in all markets. However, we still don’t know if Alpha Inc. will agree to sell this technology to us.…

    • 1651 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    1) Letter of Intent is considered to be a discussion sheet and not a written contract where the companies are totally bond to complete the written acts. So considering the same, if the deal falls through, either of the company has to be bounded unless and until specified in the non-disclosure agreement. Letter of Intent is occasionally considered as the fact of bonding among the parties if LOI closely resembles a formal contract. LOI shorts with what do to when the deal among the parties doesn’t work. So there should be some sort of provision in the LOI that indicates what needs to be done when the deal doesn’t work. Such negotiation should also be agreed from both the side so that if the deal doesn’t work, at that time, companies doesn’t fight over the committed actions, on deal failing.…

    • 511 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Negotiation Analysis

    • 756 Words
    • 4 Pages

    Q.3. How can Value be created in this negotiation, and who is likely to get it? What obstacles might prevent agreement, and how can they be overcome?…

    • 756 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Great Lakes

    • 710 Words
    • 3 Pages

    2 When considering entrance into the new market, there are several initial and long term costs that should be explored. Because the current vessels cannot be converted to container vessels, an additional fleet will be necessary. In addition to the vessels and cranes, other equipment may need to be added to the company’s inventory. Some fixed costs on the waterways associated with the new vessels may increase due to the size and function of these new vessels. Labor rates and contracts may also change with the nature of the new business. Variable cost is also a factor when considering new bulk materials that involve, for example, the transportation of hazardous materials and containment.…

    • 710 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Global negotiations can be difficult because many factors involved, such as the cross-cultural boundaries, and external influences, or interests over the negotiations. A negotiation involving C&A Electronics, Inc., Vietnam Telecommunications Services, Inc., and the Vietnamese government will demonstrate challenges faced in international negotiations.…

    • 471 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Adair, W., Brett, J., Lempereur, A., Okumura, T., Shikhirev, P., Tinsley, C. and Lytle, A. (2004), Culture and Negotiation Strategy. Negotiation Journal, 20: 87–111. doi: 10.1111/j.1571-9979.2004.00008.x…

    • 555 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    • Global commerce trade is primarly dependent on trans-ocean shipping; roughly 90% of general cargo is shipped via container Based on the container shipping value chain, there are several segments to expand and integrate the business and enter the market. This would provide benefit of business diversification hence decreasing risks According to the volume of growth of shipping lanes (Exhibit 6), every lane has steadily increased during the last years and is expected to grow further in the future…

    • 975 Words
    • 6 Pages
    Satisfactory Essays
  • Best Essays

    Culture can influence business in different ways, and culture is one of these obstacles that can affect the entire cooperation between two countries. Language problems and culture collisions are not uncommon, especially in the beginning. A negotiator must be able to handle these difficulties in a way that is satisfying also for the other part. Mistakes can be difficult to correct and can destroy the entire operation of negotiation.…

    • 2868 Words
    • 12 Pages
    Best Essays
  • Good Essays

    3. Must make sure that ICL would get the deal by offering the most attractive price to CSSA and win the action…

    • 1043 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Cross Cultural Beaviour

    • 1086 Words
    • 5 Pages

    Our team (Town of Richland) is about to negotiate with River City, considering various factors both on short term and long-term basis. The factors are as follows: -…

    • 1086 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Looking broadly across the several cultures, two important lessons stand out. The first is that regional generalizations very often are not correct. For example, Japanese and Korean negotiation styles are quite similar in some ways, but in other ways they could not be more different. The second lesson learned from the research is that Japan is an exceptional place: On…

    • 617 Words
    • 3 Pages
    Good Essays