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Aspects for smooth Negotiation considerations
Context of International Business Negotiations
There can be no international business without the presence of at least two parties, each coming from different countries, sitting face to face and negotiating a business deal. Negotiations precede all international business transactions, whether they are the sale of a product to a foreign buyer, It is inevitable that negotiations between two or more sides will take place as occurring within two umbrella contexts: an environmental context of forces beyond the control of either party to the negotiations, and an immediate context consisting of controllable attributes and relationships that characterizes the negotiations process.
Whenever two parties negotiate, the entire process occurs under two umbrella contexts, environmental and immediate. The environmental context refers to forces in the environment that are beyond the control of either party involved in the negotiations. The immediate context includes such aspects as the relative power of the negotiators and the nature of their interdependence factors over which the negotiators have influence and some measure of control. The environmental context is in the outer circle, the immediate context, in the middle circle,. Both jointly have an impact on the process and outcome of negotiations.
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