Read Chapter 10
Answer all questions referencing and citing the textbook concepts.
1. Name three reasons as to why joint ventures and alliances are increasing in the global business arena?
2. How can you prepare for cultural shock in negotiations?
3. What are some of the strategies used to prepare for cultural shock regarding negotiation?
4. Regional free trade zones are becoming popular. What are the negative and positive aspects of such trade zones? How will they help or hinder global organizations?
5. List the steps of the negotiation process?