Question

How is (international) business negotiation defined?

  1. How is (international) business negotiation defined?

Homework Answers

Answer #1

Ans. An international business negotiation is defined as the deliberate interaction of two or more social units of which atleast one should be a business entity, and should be originating from different nations, who are attempting to define or redefine their interdependence in a business matter. Successful negotiation requires analysis and evaluation if the commercial and impressive presentation and proper understanding of cultural nuances. Parties involved should expect a 'give and take' process.

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