Business help: Global business

1. What are the political risks for the countries in Japan? How will my understanding of the cultures of these countries help (or hinder) me from understanding and responding appropriately to these risks?

2. How effectively should someone negotiate with his or her peers in other countries? What do he or she needs to do to be more effective?

3. How does one's cultural background and sensitivity influence the degree to which he/she can appropriately identify the political risks in establishing a business in a new country? Explain.

4. What kinds of negotiations does financial institutions conduct within the organization? How are these negotiations similar to (or different from) negotiations with other organizations?

5. If a company new to the international arena were negotiating an agreement with a potential partner in another country, what basic steps should it be prepared to implement? Identify and describe them, including an explanation of why these steps are important.