Britton-International Negotiation Flashcards

1
Q

What are the 12 principles

A

Location x3
Don’t whine
show interest in History/ culture
study x3
relationships are critical
be patient
high context v Low context
language
individual v. collective decisions
currency
avoiding disputes
dispute resolution

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2
Q

location x3

A

at home is better than away
face to face negotiations are better

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3
Q

Don’t Whine

A

Worst thing to do is show up to a negotiation and whine about travel etc
educate yourself and get an interpreter

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4
Q

show interest in history and culture

A

take time to learn before you go
don’t assume a common culture
establish rapport

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5
Q

Study x3

A

use the internet
do this prior
no substitute for preparation

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6
Q

relationships are critical

A

cultural differences matter
don’t assume a common culture

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7
Q

Be patient

A

don’t expect quick results
don’t be in a rush
always have extra time available after

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8
Q

High Text v Low Text

A

High- group decision is norm, respect demanded, won’t straight up say no
Low-parties openly say what is on mind, easy to comprehend what they mean; focus is on content of deal

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9
Q

Language

A

translators help, always write out offers; don’t leave to trust; specify what you want

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10
Q

Individual v. collective

A

Individual- for themselves; one person speaks
Collective- group decides; time for group to discuss

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11
Q

Currency

A

Money fluctuates, use the market approach

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12
Q

Avoiding disputes

A

Include important matters in the contract, use unbiased third party, have clear intentions in contract

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