Negotiation is understood to be a process of interactions

Assignment Help HR Management
Reference no: EM13791256

Responses should be a minimum of 100 words and include direct questions. 

Negotiation is understood to be a process of interactions involving two individuals or groups reaching a joint agreement about differing needs or ideas; it can also be seen as a kind of social interaction for reaching an agreement for two or more parties with different objectives or interests that they think are important (Sarkar, 2010). When negotiating in a global situation, there is an art to the process because the variables are more complex due to the differences in cultures, communication styles, politics, beliefs, customs and traditions. 

According to Deresky (2014), there are five steps to the cross-cultural negotiation process: (1) preparation, (2) relationship building, (3) exchange of task-related information, (4) persuasion, (5) consessions and agreement. The style of negotiation in terms of communication will depend on what country one is trying to do business with. Some cultures focus on individualism like American, some focus on collectivism like the Chinese. Mexican culture is present time oriented, and Japanese culture is future oriented. Some cultures like to take the negotiation process slow and others like to go fast. 

The American processes of business negotiations are somewhat fast when compared to the Chinese or Brazilian process. Chinese wish to have better knowledge of the individuals with whom they are contemplating doing business; so negotiations do not go forward until the Chinese are satisfied that a harmonious working relationship can be established (Zhao, 2000). Brazilians like to get to know their business partners by engaging them in small talk that may last a while that may seem like a waste of time to Americans (Deresky, 2014). However, Brazilians like to know who they are doing business with before they make any commitment to doing business with their company. Brazilian representatives are not the decision makers most of the time, but Americans are given latitude in making many decisions at a lower level. This difference can be frustrating for the American party. Do not appear impatient if you are kept waiting because Brazilians see time as something outside of their control and the demands of relationships take precedence over adhering to a strict schedule (Deresky, 2014). 

When conducting business in any culture that is unfamiliar, it is beneficial to a little research before one entered into the negotiation process. It would be far better for one to enter into a negotiation process prepared on how to put forth the best foot forward instead of inadvertently offending a prospective partner right without even knowing it. Be prepared by doing research and exercise patience and one should do well in a cross-cultural negotiation process. 

References: 

Deresky, H. (2014). International mangement: Manging across borders and cultures (8th ed.). Upper Saddle River, NJ: Pearson Education, Inc. 

Sarkar, A. N. (2010). Navigating the Rough Seas of Global Business Negotiation: Reflection on Cross-Cultural Issues and Some Corporate Experiences. International Journal Of Business Insights & Transformation, 3(2), 47-61. 

Zhao, J. J. (2000). The Chinese Approach to International Business Negotiation. Journal Of Business Communication, 37(3), 209-237. 

 

 

Reference no: EM13791256

Questions Cloud

Write paper on video media coverage of americas first ladies : Write a three pages reaction paper on the video Media Coverage of America's First Ladies.
The medial forebrain bundle bypasses the cerebral cortex : There are pharmacological drugs that can help reduce drug cravings during withdrawal from certain substances. Name one and what it is used for.
Identify the macro-environmental characteristics : Identify a potential target market for BNP Paribas' retail banking'sfuture international expansion strategy. (This means that you must notchoose a market already served by BNP Paribas' retail banking; doing so will result in failing this assignmen..
What was the purpose of the study : What was the purpose of the study
Negotiation is understood to be a process of interactions : Negotiation is understood to be a process of interactions involving two individuals or groups reaching a joint agreement about differing needs or ideas; it can also be seen as a kind of social interaction for reaching an agreement for two or more par..
Business organization and stock ratios : Determine at least two (2) benefits to an organization using a partnership business structure as opposed to establishing a corporation structure. Provide support for your response.
Calculate the price and value of the company : Calculate the price and value of the company based on these two VC offers. Provide the Cap Tables for these two offers.
Assignment on personal reflection journal entry : personal Reflection Journal Entry
Locate interest rates on two other investments : Choose three of the stocks - two within the same industry plus one additional stock - from the Company Selection and Stock Watch completed in module 03 and then locate interest rates on two other investments that are not stocks, such as bank certif..

Reviews

Write a Review

HR Management Questions & Answers

  Explain the role of a supervisor in labor negotiations five

explain the role of a supervisor in labor negotiations five actions to take and three to avoidsupervisors are often

  While equal opportunity affirmative action and individual

you are a business consultant to the national minority supplier development council. an international petroleum

  Compensations and benefits

Make revisions to your draft based on their suggestions.

  Hrm and performance appraisal

Write an article regarding Human resources strategic plan on Guinness brewery in Malasia and Nigeria and the main topic is performance appraisal and evaluation procedures on these two countries

  Explain examples of organizational resources how must

what are examples of organizational resources? how should organizations allocate scarce resources in a competitive

  Human resources opinion requiredjames richards has an

human resources opinion requiredjames richards has an electrical engineering degree from a united states accredited

  You are doc vinny you have agreed with dr montenegro that

you are doc vinny. you have agreed with dr. montenegro that new ideas and a new leader are needed to meet the

  How do moral philosophies affect the individual factor in

1.why is business ethics a strategic consideration in organizational decisions?2.how do individual organizational and

  Planning a training session for supervisors

You are a middle manager for a company and are planning a training session for your supervisors on effective versus ineffective leadership. You know from past training sessions that the use of real-life examples (from personal, work, or current ev..

  Explain what is meant by the concepts of limited liability

you have a good friend named frank who is planning to form a new business. he comes to you for advice. he is a

  Job dimensions identified by the job characteristics model

What are the five core job dimensions identified by the job characteristics model and How would management apply the job characteristics model?

  Evaluate atlantics total direct labor cost

Evaluate Atlantic's total direct labor cost and Briefly describe how the company's purchasing activity would affect the end-of-period balance sheet.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd