Your firm is about to negotiate with a US Firm for setting up a joint venture in USA in the field of IT services. Using the concept of high and low context, bring out the cultural aspects that your firm needs to consider in negotiations and deal finalization. Explain Briefly
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Your firm is about to negotiate with a US Firm for setting up a joint venture in USA in the field of IT services. Using the concept of high and low context, bring out the cultural aspects that your firm needs to consider in negotiations and deal finalization. Explain Briefly
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- Your firm is about to negotiate with a US Firm for setting up a joint venture in USA in the field of IT services. Using the concept of high and low context, bring out the cultural aspects that your firm needs to consider in negotiations and deal finalization. Explain Briefly about all the thingsThe negotiation process is part of a management process that combines various disciplines and business practices, both based on the experiences of the negotiating parties and a further development from the previous negotiations”. From the statement above, Based on your opinion and analysis, provide what strategies (steps) to become a great negotiator, both in daily and business life?You are the recently appointed expatriate manager of a subsidiary of a large multi-national enterprise, located in a developing country in Africa. Your first project is to re-negotiate a contractual agreement with a longstanding local supplier. However, you have been madeaware that the local supplier is in final discussions with a rival company to gain exclusive access to the same materials, which are essential for your company’s production process and supply chain. Discuss how you would approach the negotiations with the local supplier. please describe the five stages of negotiation.
- Your company had been shortlisted on tinder and you had been assigned as the lead negotiator, the buyer called your organization to start the negotiation, elaborate on pre-negotiation planning, and trade concessions, from the negotiation’s six processes NOTE- PLEASE DO NOT GIVE PLAGRISED ANSWERIdentify and describe the three key elements in managing relationships during negotiations. researchers have suggested that negotiators may need to "go to the balcony" what do they mean by this?What are some of the questions a negotiator should ask when attempting to assess the win-win (integrative) potential of a negotiation situation
- What are some of the misperceptions about the meaning of a win-win negotiation? Why do these misperceptions contribute to leaving money on the table in negotiation situations?Hi, please read the attachment and answer the questions below. I am the buyer in this negotiation. What strategies will you be using in the negotiation? Do you want to make the opening offer? Why or why not? What strategies do you expect to see from your counterparty? How will you prepare to meet those strategies? Given your scenario, what other information is important for you to keep in mind while negotiating?What are some considerations people might have in a negotiation that are not necessarily monetary in nature?
- Define and describe, in detail, the impact friendship (friend/family member) has on achieving goals on a negotiation. Provide a detailed example illustrating the impact and the advantages and disadvantages of negotiating with a friend or family member.Winning all your negotiations does not necessarily make you a good negotiator. Explain.Think about a time when you were involved in a negotiation or witnessed a notification and the goal was to have a win-win situation/outcome. • Describe the negotiation and the two opposing team negotiators including what conflict orientation (win-win, win-lose) did the team adopt before meeting with the other party? To what extent did the team share information with the other party?• Did the parties trust each other? When one party disclosed information, to what extent did the other party reciprocate by disclosing information?• Did either party use the information as a power base to secure a better outcome for itself? If so, how? How was negotiation progress affected by each team’s initial conflict orientation?