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International Business

International Business Assignment

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  1. Watch https://www.youtube.com/watch?v=YMyofREc5Jk and answer :
  2. “What is Mr. Riccardi’s advice to successfully navigate across cultural borders?”
  • “Give some examples of cultural differences in the interpretation of body language. What is the role of such nonverbal communication in business relationships?   
  • “Discuss the stages in the negotiation process and how culturally based value systems influence these stages. Specifically, explain the role and relative importance of relationship building in different countries. Discuss the various styles and tactics that can be involved in exchanging task-related information. Describe differences in culturally-based styles of persuasion, and discuss the kinds of concession strategies a negotiator might anticipate in various countries. “
  • Watch https://www.youtube.com/watch?v=LC_EXd0uWnA and answer:
  • Give two examples of CQ (Cultural Intelligence).
  • How does CQ help with cross-cultural negotiations?
  • How can verbal cues influence a negotiation process?
  • When negotiating cross-culturally, what is a successful strategy to get to a contract that both parties can agree on?

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