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Chapter5TypesofInternationalBusinessNegotiationChapter

05

TypesofInternationalBusinessNegotiationNegotiationisaprocessinwhichpeoplelearntoacceptanavailablecompromiseasasatisfactorysubstituteforthatwhichtheythoughttheyreallywanted.—GeorgeH.RossContentsBackgroundInformation2

SectionATextStudy

4

Humor5

SituationalDialogue7WordsandExpressions1SectionBTextStudy6Lead-in3Exercises8SectionATypesofInternationalBusinessNegotiationChapter05

TypesofInternationalBusinessNegotiationWordsandExpressions1.vested:

adj.fixedandabsoluteandwithoutcontingency既定的—Localgovernmentsdependonthetaxrevenuegeneratedfromsuchpurchases,sothey,too,haveavestedinterestinkeepingthesysteminplace.

当地的政府的税收来源于这样的买卖,所以,它们也会为保证既定的

利益而纵容这样的投机行为。2.tariff:n.

ataxthatagovernmentcollectsongoodscomingintoacountry(政府对进口货物征收的)关税

—Americawantstoeliminatetariffsonitemssuchaselectronics.

美国想要取消电子类产品的关税。3.revoke:v.

whenpeopleinauthorityrevokesomethingsuchasalicence,alaw,oranagreement,theycancelit撤销;废除

—Thegovernmentrevokedherhusband’slicencetooperatemigrantlabor

crews.

政府撤销了她丈夫经营流动劳工团队的许可证。backWordsandExpressions4.

leverage:v.tospreadoruseresources,ideasetc.againinseveraldifferentwaysorindifferentpartsofacompany,systemetc.充分利用(资源、观点等)—Reusablesoftwareisleveragedacrossmanyapplications.

可重复使用的软件得到广泛应用。5.fallback:n.somethingthatcanbeusedordoneifasupply,methodetc.fails储备物,备用物

—Searchisthefallbackoptiontheuserwillchoosewhentheycannotnavigatetowhatthey’relookingfor.

搜索是用户在无法被导航到他们想找的东西的地方时的可靠选择。6.margin:n.thedifferencebetweenthecostofbuyingorproducingsth.andthepricethatitissoldfor利润率,利润幅度,利润边际

—Whatareyouraverageoperatingmargins?你的平均营业利润率是多少?7.buffer:n.athingorpersonthatreducesashockorprotectssb./sth.againstdifficulties缓冲物,起缓冲作用的人—Supportfromfamilyandfriendsactsasabufferagainststress.

家庭和朋友的支持有助于减缓压力。backWordsandExpressions8.compensate:v.topaysb.moneybecausehe/shehassufferedsomedamage,loss,injury,etc.给(某人)赔偿(或赔款)—Herlawyerssaysheshouldbecompensatedbothforherinjuriesandforthesufferingshehasbeencaused.她的律师说她不但应当得到伤害赔偿,而且还应当得到因伤害而遭受痛苦的赔偿。9.atlength:foralongtimeandindetail长时间地,详尽地

—Wehavealreadydiscussedthismatteratgreatlength.

我们已经十分详尽地讨论了这个问题。10.ferocious:adj.veryfierce,violentoraggressive;verystrong凶猛的,残忍的,凶恶的;猛烈的—Welostthatgame.Theawayteamwasferocious.Twoofuswereinjured.

我们输掉了那场球。客队很凶,我们队有两人受伤。11.coldcash:money,especiallyintheformofcoinsandnotes,thatyoucanspend现金(尤指硬币和纸币)—Jimboughtacomputerandpaidcoldcashforit.

吉姆付现金买了一台

电脑。

backBackgroundInformation1.NegotiationtypesTherearetworelativelydistincttypesofnegotiation.Thetwotypesareknownasdistributivenegotiations,andintegrativenegotiations.1)Distributivenegotiations—thefixedpieTheterm“distributive”meansthereisagiving-outorthescatteringofthings.Byitsmerenature,thereisalimitorfiniteamountinthethingbeingdistributedordividedamongthepeopleinvolved.Hence,thistypeofnegotiationisoftenreferredtoas“TheFixedPie”.Thereisonlysomuchtogoaround,buttheproportiontobedistributedislimitedbutalsovariable.backBackgroundInformation1.NegotiationtypesIntherealworldofnegotiations,twopartiesfaceoffwiththegoalofgettingasmuchaspossible.Thesellerwantstogoafterthebestpricetheycanobtain,whilethebuyerwantstopaythelowestpricetoachievethebestbargain.Adistributivenegotiationusuallyinvolvespeoplewhohaveneverhadapreviousinteractiverelationship,noraretheylikelytodosoagaininthenearfuture.Secondly,whenwearedealingwithsomeoneunknowntous,andit’saone-time-onlyoccurrence,wereallyhavenoparticularinterestinformingarelationshipwiththem,exceptforthepurposeofthedealitself.Ourinterestsandtheirsareusuallyself-serving.backBackgroundInformation1.NegotiationtypesDistributivebargainingbasicsPlayyourcardsclosetoyourchest—givelittleornoinformationtotheotherside.Thelesstheyknowaboutourinterestsastowhywewanttomakethepurchase,ourpreferences,orthepointatwhichwe’ddeclinetodeal,thebetterourposition.Expressingeagernessorneedrevealsaweaknesswhichcouldbeexploitedtoourdisadvantage.Theoppositeisequallytrue—trytopryasmuchinformationfromtheotherside.Anyadditionalinformationthatweuncovercanbeusedasleveragetonegotiateabetterdeal.

backBackgroundInformation1.NegotiationtypesDistributivebargainingbasicsTheonlythingyoushouldevertell—theonlyinformationweshouldeverrevealarethosealternativeoptions,suchasothersellers,whichshowswearepreparedtowalkfromthenegotiationwheneveritsuitsus.Letthemmakethefirstoffer—whateverisusedasthefirstofferwillgenerallyactasananchoruponwhichtherestofthenegotiationwillrevolve.Trytogettheothersidetosetthestagefromwhichtostart.Berealistic—beingtoogreedyortoostingywilllikelyresultinnoagreement,sokeepitreal.backBackgroundInformation1.NegotiationtypesIntegrativenegotiations—everybodywinssomething(usually)

Theword“integrative”meansjoiningseveralpartsintoawhole.Itusuallyinvolvesahigherdegreeoftrustandaformingofrelationship.Bothpartieswanttowalkawayfeelingthey’veachievedsomethingwhichhasvaluebygettingwhateachwants.Ideally,itisatwofoldprocess.Intherealworldofbusiness,theresultsoftentiltinfavorofonepartyovertheother.

Nonetheless,therearemanyadvantagestobegainedbybothparties,whentheytakeacooperativeapproachtomutualproblem-solving.Generally,thisformofnegotiationislookingdowntheroad,tothemformingalong-termrelationshiptocreatemutualgain.Itisoftendescribedasthewin-winscenario.backBackgroundInformation1.NegotiationtypesIntegrativenegotiationbasicsMultipleIssues—Integrativenegotiationsusuallyentailsamultitudeofissuestobenegotiated.Sharing—Tofullyunderstandeachother’ssituation,bothpartiesmustrealisticallyshareasmuchinformationastheycantounderstandtheother’sinterests.Cooperationisessential.ProblemSolving—Findsolutionstoeachother’sproblems.BridgeBuilding—Moreandmorebusinessesareengaginginlong-termrelationships.Relationshipsoffergreatersecurity.backBackgroundInformation2.Threetipstowinabusinessnegotiation

Togetreadyforanynegotiation,youmustdothreethings:

(1)Knowyourbargainingposition

Ineverynegotiation,someoneisinastrongerpositionandsomeoneisinaweakerposition.Whereareyou?Inanynegotiation,thesidethatneedsthedealmoreisthesidethatgivesupthemost—preciselybecausetheyneedthedealandcan’taffordtohavetheothersidewalkawayfromthetable.

(2)KnowhowtheothersideperceivesitspositionAsanypokerplayerknows,sometimesamediocrehandcanbeawinninghandifit’splayedproperly.Ifyournegotiatingpositionisn’tgreatbutyouseetheothersideisworriedaboutlosingthedeal,youcan’tgowrongbycomingonstrongandplayingtotheotherside’sfears.backBackgroundInformation2.Threetipstowinabusinessnegotiation

3)Assessyourbargainingstyle

•Sitdownwithasheetofpaper,folditdownthemiddle,andlabeleachhalf“dealpoints”and“tradingpoints.”Thenlistallthepointsyouneedtoreachagreementon.

•Dealpointsarethoseyoumustwin—ifyoucannotgetthose,youwalkfromthetableandlookforanotherdeal.

•Anypointthatisnotadealpointisatradingpoint—niceifyoucangetit,butyoucanlivewithoutitifyousenseit’sadealpointfortheotherperson.

•Inanegotiation,yourgoalistogetallyourdealpointsandasmanyofyourtradingpointsaspossible,recognizingthatoftenyou’llhavetoyieldoneormoretradingpointstogetyourdealpoints.

•Berealisticwhenidentifyingyourdealpoints.backBackgroundInformation3.HowtonegotiatepricewithasalespersonLet’ssupposethatyou’reinchargeofbuyingnewcomputerequipmentforyourcompany.Howwouldyouconvinceasalespersontogiveyouthelowestpossibleprice?backVitalpointstoremember

Watchoutforthereluctantbuyer.Playingthisgambitisawonderfulwaytosqueezetheotherside’snegotiatingrangebeforethenegotiationevenstarts.Theotherpersonwillusuallygiveawayhalfhisorhernegotiatingrangejustbecauseyouusethis.backBackgroundInformation4.

HowtonegotiatesalaryandbenefitswithyouremployerYoumayhavetheopportunitytonegotiatesalary,benefits,andotherjobdetailswithanemployer.Effectivenegotiationisaskill,andlikeanyskill,itcanbelearned.Whentonegotiate

Youareinapositiontonegotiatewhentheemployerunderstandsyourvaluetotheorganization.Preparetonegotiate

Asyoupreparetonegotiate,findoutwhattheemployer’sneedsare,andtrytomeetthemwithoutlosingsightofyourowngoalsandideals.Considerthefollowingquestions:

Whatareyoulookingforintermsofpay,workingconditions,andotherconsiderations?

Whatdoestheorganizationwantfromyou?backBackgroundInformation4.

HowtonegotiatesalaryandbenefitswithyouremployerWhatcanyouoffertheorganization?

Whatcantheorganizationofferyou?

Whatkindofenvironmentareyounegotiatingin?

Whatdoestheindustrygenerallypayforyourskills,product,orservice?Whenyouidentifyyourgeneralgoals,listsomespecificthingsthatmightbeincludedinthosegoals.Evaluatethesegoalsbycomparingthemtooneanother.Prioritizeyourgoalsandprepareoptionsyoucansuggestifyourpreferredsolutionisnotacceptable.Anticipateareasthatmightpresentproblems,andthenlistseveralalternativestoresolvetheseissues.backBackgroundInformationHowtonegotiate

Throughoutthenegotiation,remembertobeopenandhonest.Negotiationsshouldleavebothpartiesfeelingsatisfiedwiththeoutcome.Hereareafewadditionalpointstoconsider:1.Askquestions.Ifyouaskpermissiontoaskaquestion,youwilllayafoundationforagreementandlikelyreceiveacompleteanswer.Planforquestionsyoucanask.2.Beanexcellentlistener.Themoreinformationyouget,thebetterableyou’llbetouncoverothers’needs.Itwillthenbeeasierforyoutoshowhowyouareabletomeetthoseneeds.3.Paraphrasetoensureunderstanding.Restateinyourownwordswhattheotherpersonhassaidtomakesureyouunderstandcorrectly.Besuretousedifferentwordssothatitdoesn’tsoundlikeyouaremimicking.backBackgroundInformationHowtonegotiate4.Getitinwriting.Takenotesduringnegotiations.5.Saveissuesforlaterdiscussion.Focusononeissuebeforeyoumoveontothenext.6.Emphasizeyourvalue.7.Beflexibleinyournegotiations.Bewillingtogiveupthingsthatdon’treallymattertoyouinordertocreateafeelingofgoodwill.8.Usesilenceforconsideration.Inresponsetoanoffer,restatetheoffer,sitquietly,andsilentlycountto10.Alloweveryonetimetoconsider.9.Taketimetoconsideroffers.Whenafinalofferisextended,ifitisnotenough,thanktheemployer,provideaPowerStatement,andaskfortimetoconsidertheoffer.10.Expressgratitude.Whenyoureachanagreement,expressgratitudeandappreciation.

backLead-inBackinthe1850’s,LehmanBrotherswasformedandbecameavitalandaffluenttradinghouseonWallStreet.Unfortunately,some134yearslater,thecompanyfellafoulofmisfortuneandhadtobesoldtoavoidbankruptcy.PartofthedownfalloccurredbecauseoftheintenseenmitybetweenPeterPeterson,chairpersonofthebankingdepartment,andLewisGluckmanwhowastheheadofthetradingdepartment.ThisrivalrybetweenthetwodepartmentshadbecomedeeplyrootedovertimeandissaidtopermeatemanyothertradinghousesonWallStreet.Itisquippedthattradersareoftendescribedbytheinvestmentbankersas“poorlyeducateddrones…thinkingofthemoment,notthelongterm”.Ontheotherhand,itissaidthatthetradersdescribethebankersas“elitistIvyLeaguepreppieswhoriselateandtakeleisurelylunches.”(continue)

Lead-inAstherivalryintensified,bothGluckmanandPetersonstruggledforsupremacywithinthecompany.Theybothbegantoseekoutalliancestoenhancetheirrespectivepositions.Asthepowercoalitionsbuilt,Gluckmanandhiscoalitionprevailedandwontheturfwar.ThetradingdepartmentunderGluckman’scontrolbegantoactunilaterally.Theybypassedtheboardofdirectorsandmadetheirdecisionsbymajorityrule,refusingtonegotiatetheirdecisionswithPetersonandthebankingdepartment.Whenmarketconditionsdeteriorated,LehmanBrotherswassuckedintothewhirlpoolbecausethetradersweremakingdecisionsthatwereintheirbestinterestsandnottheinterestsofthecompany.Lead-inHowdoyoudescribepartofthereasonsforthedownfallofLehmanBrothers?Howcanonebalancenegotiationandcooperationwithinasinglecompany?QuestionsbackSectionATypesofInternationalBusinessNegotiationTradenegotiationJointventurenegotiationTechnologytransfernegotiationTypesofInternationalBusinessNegotiationTextStudybackSectionATypesofInternationalBusinessNegotiationTextStudy

Tradenegotiationisaprocessinwhichnationsmeettogethertodiscussthepossibilityoftrade,withthegoalofreachingatradeagreement.Bothnationshaveavestedinterestinnegotiatingasuccessfultradeagreementbecauseithasthepotentialofpromotingeconomicgrowthandallowingcompaniestoexpandtheirmarkets,butbotharealsoconcernedwithprotectingtheireconomyandsafety.Tradenegotiationscanbecomequitecomplex,andmayinvolvemorethantwonations,alongwithmoderatorswhotakeaneutralstancetohelpthecountriesreachanagreement.backSectionATypesofInternationalBusinessNegotiationTextStudy

TipsforsuccessfuljointventuresnegotiationsWehavenegotiationtipsthatwillhelptheprocessflowassmoothlyaspossible.1)Preparation:Thisstepisimportant,whetheryouareapproachingaprospectivepartnerfortheveryfirsttimeorworkingoutacontractthatbenefitsbothparties.Fromtheverybeginning,itisimportanttodoyourhomeworkaboutprospectiveJVpartners,rangingfromtheproductstheyselltothetypesofclientelewithwhomtheytypicallywork.Learnabitabouttheirbottomlineaswell,includingtheirpossibleprofitmargins,uniquechallengesandavailableresources.KnowingyourJVpartnerwellwillbenefityouinwooingnewpartners,aswellasdrawingupacontractthatismutuallybeneficial.SectionATypesofInternationalBusinessNegotiationTextStudyTipsforsuccessfuljointventuresnegotiationsWehavenegotiationtipsthatwillhelptheprocessflowassmoothlyaspossible.2)Providinginformation:Inadditiontolearningeverythingyoucanaboutyourprospectivepartner,it’simportanttobepreparedtoofferthekeyinformationaboutyourownbusinessclearlyandconcisely.Determinehowyourpartnermightbenefitfromworkingwithyourbusinessandoutlinethosebenefitspreciselyinyouroriginalproposal.Listtheneedsyourbusinesshasandthewayajointventurewillmeetthoseneedssoyoucanmaintainconsistentprioritiesthroughoutthenegotiationprocess.backSectionATypesofInternationalBusinessNegotiationTextStudyTipsforsuccessfuljointventuresnegotiationsWehavenegotiationtipsthatwillhelptheprocessflowassmoothlyaspossible.3)Benefitsvs.risks:Whenembarkingonajointventure,writedownalistofallthebenefitseachpartnerstandstogain,aswellasanyrisksthatmightbeundertaken.Risksshouldbereducedtotheminimumthroughoutthenegotiationprocess,sothatbothpartiesarecomfortablewiththearrangement.Leveragingcurrentresources,ratherthancreatingnewonescandothis.Putbenefitsintowriting,soeachJVpartnerhasclearexpectationsandpossiblerecourseifexpectationsarenotmet.backSectionATypesofInternationalBusinessNegotiationTextStudyTipsforsuccessfuljointventuresnegotiationsWehavenegotiationtipsthatwillhelptheprocessflowassmoothlyaspossible.4)Writingacontract:Allgoodnegotiationsbeginandendwithacomprehensivecontractthatprotectstheinterestsofallpartners.Thecontractshouldincludetheoverallpurposeofthejointventure,thebenefitsthepartnersstandtogainandasolidtime-line.Ifyouareunsurehowlongtocontinueyourjointventure,youshouldsetaspecificdatetoreviewthepartnershipandassessitssuccess.Includeconcretecriteriatofullyevaluatethepartnership,aswellasafallbackoptionifthearrangementisnotgoingasplanned.backSectionATypesofInternationalBusinessNegotiationTextStudyTechnologytransfernegotiationTechnologytransferagreementthatresultsinasatisfactorylong-termrelationshipbetweentwoormorepartiesisoneinwhichthepartiesrecognizethattheagreementmustprovidebenefitsforeach.Itcanbeenhancedintwoways:•Bypreparingaproposedagreementbetweenpartiestoserveasthebasisofnegotiationthatisbalancedwithrespecttotheirmutualandconflictinginterestsaswellascomprehensive.•Byconductingnegotiationstoarriveatamutuallyacceptablefinaltextthatgiveseachpartytheappropriaterightsandobligations.backThemanner:helpensureasuccessfulendresultNegotiationsshouldobtainandmasteralltherelevantinformationneededtocorrectlypresenttheirinterestsandoptionsdeveloptheinternalcommunicationsthatwillmouldeachpartyintoaneffectiveteamutilizeapproachesandtechniquesthatfacilitatecommunicationbetweenthepartiesanddevelopmutualconfidenceandtrust

ABCSectionATypesofInternationalBusinessNegotiationDiscussionQuestions1.Whatarethemajortypesofinternationalbusinessnegotiation,accordingtothenegotiationcontent?2.Whatarethetipsforsuccessfuljointventuresnegotiations?backHumor:TheSunshinetoLifeToGotoHeavenSundaySchoolteacher:HandsupallthosewhowanttogotoHeaven?Handsup...whataboutyou,Terry?Youhaven’tgotyourhandup—don’tyouwanttogotoHeaven?”Terry:Ican’t.MyMumtoldmetogostraighthome.backSectionBANegotiationAchingtoFindWayOutQuestionsforConsideration1.Whatarethekeystepsthatwillgreatlyimproveyourchancesofmakingthatsalewhilesuccessfullynegotiatingtomaintainyourmargins?2.Whatshouldyouhavedonethroughoutthesalesprocesstoprepareforthepossibilityofaseriouspricenegotiation?3.Howwouldyourespondifthecounterpartyasksyoutoreducethepricebrusquelyinasalesnegotiation?backSituationalDialogueinNegotiationThewaythatwecommunicateisfundamentallychanging.Asasociety,ourappetiteforinformationandourexpectationsofbeingabletoconnectinstantlywithfriends,colleaguesandevenstrangersonlinearoundtheworldisconstantlyevolving.Eachnewdeviceandplatformthatweareintroducedtodevelopsourdesiretoengage,whichhasclearimplicationsforthebrandsthatweencounter.Theproliferationofthisinformationaffectsallglobalindustries.Butforshipping,asectorwithaninherentlytraditionalapproachtolife,ourincreasinglydigitallyintegratedworldandonlinecommunitiesareoftenseenasmoreofathreatthananopportunity.However,asachannel,digitalandsocialShippingSituationaldialogueinnegotiationnetworksitesinparticularofferanunparalleledwaytoconnectwithyourstakeholders,whethertheyaretheend-consumer,seafarers,customers,employeesorindustryinfluencers.Shippingisnotjustaboutships–emphasisisincreasingly,andrightly,shiftingtothehumanelementoftheindustry.Associalmediaisinessencewhatpeopleusetocommunicate,shippingmustdevelopitspresenceonlineaccordingly.Thiselementisparticularlypertinentwhendealingwithseafarers—engagingwiththemasemployeesandstakeholdersandcreatinginformationthatisshareableacrosstheplatformsthattheyuse.Asemployeesplaysuchacriticalroleinmanagingbrand,thisisfundamentaltosafeguardingnotonlyreputation,butalsotothecontinuingprofessionalizationoftheindustry.Hereisashortpartofonlineconversationaboutshipping.Pleasenotethattherearesomeprofessionaljargonandabbreviations.ShippingSituationaldialogueinnegotiationNegotiationonShippingGoodsM:GOODMORNING,MSSTACY.RESTLBILLET,LCANIS12-16DEC.PLSCHECKIFWORKABLE,FRTWILLBEUSD16FILO.W:GOODMORNING,MRTHUY.OFRT17.5USEDBASISFILO.ACTLY,WEHAVECGOFMNIIGATATOMALILA.IWILLBEBKIN10MINS.MEETING.M:OK,NOTED.I’LLTELLCHRT.W:OK.ASYOUSEE,THECGOFMMANILAOPENFORLONGTIME,DUETOOWNERNOTPREFERGOTOMANILADUETOCONGESTIONTHATWEWORRYABOUT.ATLASTOURCOMPANYOFFERS1000DISCHGRATE.M:L/CISOPENED6000MT5%.ASABRK,CHRTWILLLOADMAXQUANTITY6300MTBCZUSDPRICEINVNSHARPLYINCREASESTHESEDAYS.

ShippingSituationaldialogueinnegotiationNegotiationonShippingGoodsW:PLSTOHEARTHEOFRTFROMCHARTERSIDE.M:NOWCHRTIDEAISUSD16.50,PLSCHECKPHILHUAAGENT.W:OURBESTOFFERIS17USDFORFIXINGTODAY.CARGOMIN6300MT.M:YES,I’LLTELLCHRT.W:ANYNEWS?M:CHARTSTILLSTANDSAT16.50.W:GOTIT.OFRT17USDISOURBEST.M:ISEE.ITELLCHRT.IFHEACPTSHE’LLADV.TKS.W:FORVSLARRDDISCHGPTITISCHRISTMAS,NOTGOODFOROWNER.IFCHARTERCANDO,PLSADVTDY,ORVSLWILLFIXOTHERCGOONSUB.M:ISEE.TKS.ShippingbackSituationaldialogueinnegotiationWorkinpairswiththefollowingsituation.Mr.S,animporterfromUSA,hasdiscussedwithMr.White,asalesrepresentativefromanimportandexportcorporationofChina,aboutallthedetailsofshipping.Nowtheyneedtocometotheconclusion.Pleasemakeupadialoguegoingoverallthedetailsandcometoaconclusion.Role-playTaskbackExercises1)Tradenegotiationisaprocessinwhichnationsmeettogethertodiscussthepossibilityoftrade,withthegoalofreachingatradeagreement.2)Anationwhichsendsnegotiatorswhoaregoodatthedelicatedanceofinternationalnegotiationsmayreturntotheirhomenationswithalessfavorabledeal.3)Atradenegotiationmeetingissimplyabouttrade.4)Whenembarkingonajointventure,learneverythingaboutprospectiveJVpartners,rangingfromtheproductstheyselltothetypesofclientelewithwhomtheytypicallywork.5)Itisnotnecessarytoprovidethekeyinformationaboutyourownbusiness.1.Trueorfalse.TFFTFbackExercises6)Acomprehensivecontractmayprotecttheinterestsofallpartners.7)Aneffectivejointventuredoesnotnecessarilyoffermanypotentialbenefits,suchasabroadercustomerbaseandhigherprofitmarginsforeveryoneinvolved.8)Atransfermeansthehandingoverofownershipownedbyonecompanytoanothercompanyandsuchtransfermaybecompleteorshared.9)Iftheprinciplethattheagreementmustprovidebenefitsforeachisacceptedbynegotiators,theprocessofnegotiationwillmovemoresmoothly.10)Whenmakinginternationalagreements,itisnotsoimportanttolearntheotherparty’scustoms.1.Trueorfalse.TFTTFbackExercises1)Iwill___________myknowledgeofcookingsoIcanexcelinmyjobasachef.2)ThatdealwouldseetheNasdaqincontrolofvirtuallyallUSlistings,whichisalsoahigh___________business.3)___________barrierscrimpedtheflowofimports.4)Weneeda___________positioniftheywon’tdothejob.5)Hisdrivinglicensewas___________afterthecrash.6)Insteadofnegotiatingwith___________interestsinthebackroomsoftheWhiteHouseandCongress,thepresidentshouldpresentacoherentplantotheAmericanpeople.2.Completethesentenceswiththewordsfromthebox.a.revokedb.vestedc.fallbackd.margine.leveragef.tariffedfcabbackExercisesNegotiationcanbedividedintoseveraldifferenttypesaccordingtothenegotiationcontent.Whatarethey?Basedonthenegotiationcontent,itcouldbedividedintotradenegotiation,jointventuresnegotiation,andtechnologytransfernegotiation,etc.2)Whyisinternationaltradeimportantforalmosteveryeconomyintheworld?

Companiesthrivedependingontheabilitytoexpandintointernationalmarkets.Alsonationscounton

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