International business negotiation 1 Introduction Sensitivity to cultural differences is very important in today’s international business arena. Culture profoundly influences how people thinking‚ communication and behave. Nowadays‚ business executives are finding themselves in precarious situations due to culturally rooted differences in business protocol‚ language and value system. Therefore‚ being aware of the influence of culture on international business negotiations and the proper
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Discussion Questions Week 2 William L Johnson RES/320 November 14‚ 2013 Steve Raider Discussion Questions Week 2 Chapter 7 2. How do data from qualitative research differ from data in quantitative research? A quantitative research question is an interrogative sentence that asks a question about the relation that exists between two or more variables. Its purpose is to identify the variables being investigated and to specify the type of relationship‚ descriptive‚ predictive‚ or causal
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Discussion Questions Week 1 • What are some ways in which receivers of messages provide feedback when listening to or reading a message? What effect does this have on the message? Provide examples. A receiver can provide feedback when listening to a message by offering their opinion or advice on whatever the subject matter was. The message will get a deeper understanding from different ideas being shared. For example‚ a wife tells her husband to go to the grocery store to get milk and bread. The
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NEGOTIATIONS IN INTERNATIONAL TRADING - Cultural aspects - Summary 1. Introduction in the negotiation process 2. Factors that influence the international negotiations 3. Cultural aspects of International Business Negotiations 3.1. Hofstede’s cultural dimensions 3.2. The influence of culture on negotiations 4. Negotiation patterns in cross- cultural negotiations 5. Analysis of cultural differences in international negotiations – A study case upon the American and Chinese culture
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Ethics in International Business The recent international events‚ with a major financial crisis all over the world‚ involve important questions about the relation between ethics and economics and the responsibilities of the economic market in relation to broader social and political concerns. The recent global financial crisis has recently existed with a lack of awareness on business ethics policies where unprofessional practices are performed on dangerous mortgage borrowers have occurred without
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Discussion Questions Wk 5 ACC/561 Week Five Discussion Questions What is a flexible budget? What types of organizations may use flexible budgets? Why are flexible budgets useful? Flexible budgets work well as a performance evaluation tool in conjunction with a static budget and are basically a comprehensive accounting of the static budget ’s cost variance. Flexible budget expenditures can be stymied by offering employee performance incentives directly relating to staying on the static budget
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Week 4 Discussions Week 4 Discussion Question 1 What is break-even analysis and how does it work with cost–volume–profit analysis? As a manager‚ what decisions would you make to achieve a lower break-even point? The CVP analysis is the level of activity at which total revenues equal total costs (both fixed and variable). A break-even analysis is the process of finding the break-even point. The cost-value-profit is the study of how specific costs respond to changes in the level of business
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Case Study- Chapter 1 1. The focal organization in this case is SunCal‚ a real estate developer. They want to build 1‚500 condominiums on 26 acres of land in Anaheim‚ California. Fifteen percent of the condos were going to be reserved to low cost housing apartments. The land was in part of Disney Lands resort area‚ and they had to get permission to build the condos. SunCal had a difficult time getting permission because Disney wants to expand its theme park on the same land. These condos with
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BUS 475 Week One Discussion Questions DQ #1: Select a small business that you may want to start. What is strategic management and planning? Why would a strategic plan be important to the success of this business? How are the four functions of management relative to creating and implementing a strategic plan? I want to start an e-commerce sales business. The strategic management and planning guidelines for this kind of business include the following: Planning - As an owner‚ I will analyze
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Ethics in International Business Abstract International business ethics challenges the corporate world to deal with questions of what to do in situations where ethical standards come into conflict as a result of the different cultural practices in the nation. Since‚ there is this dilemma that has progressively troubled the large multinational corporations‚ international business ethics has arisen to help address these adhesive subject matters. There are several international business ethics discussions
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