What cultural differences do you need to be sensitive

Assignment Help Business Management

Reference no: EM132903135

Question: You are about to embark on an international negotiation. You work for a multinational oil company, and your company has decided to set up a joint venture with Saudi Arabia and another one with a company in Russia. You are leading the negotiations.

What are the 5 stages of negotiation, and how might you prepare for them?

To answer this question consider the following: Is the preparation different with each country?Would inductive or deductive reasoning work better for different cultures?

What cultural differences do you need to be sensitive to in the process?For example, what would you expect from the Arab negotiator versus the Russian negotiator who will be working with you, the American negotiator?

What would be some of the political, legal, economic, and ideological issues that may come up?How would you manage conflict if it should come up in the negotiations?

Reference no: EM132903135

Questions Cloud

Describe how your business operations : Describe how your business operations will work. In other words, you want to explain the day-to-day flow of activities necessary to deliver your product

Netflix risk of failure at video downloading-streaming : What were the sources of Netflix's risk of failure at video downloading/streaming?

What is materiality as relates to accounting and auditing : What is the relationship between materiality and the phrase "obtain reasonable assurance" in the auditor's report? What is materiality as relates to accounting

Compute the value of Morrissey Tool Company : Using the residual income valuation model, compute the value of Morrissey Tool Company as of January 1, Year +1

What cultural differences do you need to be sensitive : Is the preparation different with each country?Would inductive or deductive reasoning work better for different cultures

What are the item that purchase that have inelastic supply : What are the item(s) that you purchase that have an inelastic supply of demand that a raise in taxes would not change your willingness to purchase the good?

Makes plastic tubing and corporation : Westside Rubber Company is best known within the industry as a company in Santa Monica that makes plastic tubing (not rubber) and is a corporation

How does the residual income valuation model correct : How does the residual income valuation model correct for the effects of conservative accounting and understated book values of equity

What was the market capitalization of kgn on january : What type of current asset management strategy is the company pursuing? Explain why and what are the pros and cons of this strategy.

User Account

All Pages