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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* Choose negotiation you are likely to participate in‚ the near future & answer the following questions 1. What is that you really want? 2. Why will other side admit it is legitimate? 3. How will you communicate/relate? 4. Why will other participant say Yes why No? 5. Why will agreement go your Way? Negotiation I am likely to participate in the near future: As within the next six months‚ I would be completing the Executive MBA course‚ I would like to pursue a
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The Role of Power in Negotiation Power: It has received this reputation because most people associate the word with one side dominating or overpowering the other. I define power as the ability to influence people or situations. With this definition‚ power is neither good nor bad. It is the abuse of power that is bad. Interpersonal Power French and Raven (1959:150-167) suggested five interpersonal bases of power that are important to negotiators. • Legitimate power • Reward
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Communication and Personality in Negotiation MGT 445 Communication and Personality in Negotiation Negotiation refers to win-win situations such as those that occur when parties seek a mutually acceptable solution to a complex conflict (Lewicki‚ Saunders‚ & Barry‚ 2006). Successful negotiations involve preparation. This means to gather information and understand the objectives of all parties. Good preparation also provides confidence. When one is prepared for a big meeting his or her confidence
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Effective negotiation skills are becoming increasingly important for today’s global business. A lot of time is spent negotiating in a global setting as companies and individuals conduct business. This paper will attempt to critically assess the significance of cross cultural negotiation skills for the success of international mergers and alliances. To begin with let the definition of negotiation be deduced. Daniels‚ Radebaugh and Sullivan (2004) identify negotiation as a sequence of actions in
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Price elasticity: products with high quality or being highly processed tend to be inelastic demand‚ while row materials are usually elastic. For example‚ a price increase in a car only leads to little decrease in demand‚ in the contrary; a price increase in oil could leads to huge change in market. Market-skimming pricing: two examples came to my mind when I saw this concept‚ Samsung and Apple. As I know that‚ Samsung often set an extremely high price when they release a new cellphone‚ after few
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Assignment 1: The Art of Negotiation Kelley Verenysee Gunn Dr. Deborah Hill Strayer University BUS 526 January 27‚ 2014 Abstract This paper will discuss the art of negotiation. The focus will be on the UPS Strike Negotiation of 1997 between UPS and the Teamsters. The negotiation will be briefly described. The issues and interests of the involved parties will be discussed. Ethical behaviors will be analyzed. Proposals for distributive and integrative negotiations are developed for
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Work Place Conflict Negotiation The only workplace conflict I can think of to write about is when I worked for a company called WorldPages. The conflict was between me and a coworker‚ Sue. Sue had a habit of coming to work late or with a hang-over and not doing her share of the work. We built the information pages in the phone books called the “talking pages.” If the project was a small book it was not a problem‚ one person could manage doing that without any help within the time limit. The larger
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Amanda Hooper‚ Christopher Pesantez‚ Maria Rizvi‚ Syed Cross-Cultural Communication and Negotiation – Spring 2005 MANA 4340‚ Section 00586 TTH: 2:30 – 4:00pm. Room 128 MH Professor: Dr. Roger N. Blakeney Table of Content I. Introduction II. Negotiation A. The Western View: Direct confrontation B. Types of Negotiations: Transactional and Dispute Resolutions C. Forms of Negotiation: Distributive and Integrative III. Culture A. Individualism vs. Collectivism B. Egalitarian
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May 2‚ 2010 UPS/Teamsters negotiation in 1997 Introduction In 1997 united parcel service and the Teamsters were on table again after 1993’s contract negotiation. It was common since 1980’s that union sent signals to management about large concessions before every negotiation. Union made it clear before the 1997 negotiations started that "These negotiations are about only one thing and that is making improvements that will give our members the security‚ opportunities
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