What are the stages of negotiation


Discussion:

Task:

Your team is a large U.S. corporation that manufactures rubber tires, and you want to begin manufacturing and distribution in Germany. As a team, choose a country in which you would like to start a manufacturing plant.

Treasurer: Research and write on the following issues:

• What competitive advantage does this country have?

• What are some of the foreign trade issues you will have to deal with?

• What are the determinants to foreign entry there, and how would you enter there?

• You will be embarking on the international negotiation.

o What are the 5 stages of negotiation, and how are you going to prepare for them?

o What cultural differences do you need to be sensitive to in the process?

o What would be some of the political, legal, economic, and ideological issues that may come up?

o How would you manage conflict if it should come up in the negotiations?

o What decision-making process would work better with the different cultures?

Inductive or deductive reasoning?

Is it a personal issue or a cultural issue?

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