Cultural differences in negotiation Flashcards
1
Q
USA
A
Focuses on speed, cost, and efficiency. A zero-sum approach is common, where one party’s gain is the other’s loss. The transaction matters more than relationships
2
Q
Canada
A
Prioritizes information sharing and problem-solving for a win-win outcome. Negotiations are polite, direct and based on hard facts
3
Q
China
A
Uses a soft sell and hard buy approach. Large groups negotiate, and tactics like withholding information or invoking guanxi (business network) are common. Concessions are expected
4
Q
Norway
A
Collaboration and consensus are key. No deceptive tactics or exaggerated pricing. Win-win is the goal.
5
Q
A