International Business Relationship Making Tools and Different Strategies on Different Cultures

2021 ◽  
Author(s):  
Priyanthi Rathnayaka
Keyword(s):  
International Business ◽  
Business Relationship ◽  
Different Cultures

Executive Insights: How does this Firm Make Money? Understanding your Overseas Partner1

1997 ◽  
Vol 5 (1) ◽  
pp. 93-102 ◽  
Author(s):  
Osman A. Ataç
Keyword(s):  
International Business ◽  
Common Knowledge ◽  
Business Relationship ◽  
Developed Country ◽  
International Partnerships

It is common knowledge that the health of any relationship depends on the degree to which parties “understand” the needs of each other. Businesses are exchange organizations created to make money. Therefore, in an international business relationship what the parties “need” seems obvious and many would not belabor this issue. Although it is true that all businesses intend to make money, it is not true that they all make money the same way. One of the misconceptions of developed country executives going into international partnerships is that their foreign partners make their money the same way they do. Understanding the sources of profits of prospective foreign partners is important as they will determine whether there will be a partnership, and also whether a partnership will last.

Mutual commitment and experiential knowledge in mature international business relationship

2002 ◽  
Vol 11 (3) ◽  
pp. 305-324 ◽  
Author(s):  
S Chetty ◽  
K Eriksson
Keyword(s):  
International Business ◽  
Experiential Knowledge ◽  
Business Relationship

International business‐relationship triads

2004 ◽  
Vol 21 (2) ◽  
pp. 172-186 ◽  
Author(s):  
Virpi Havila ◽  
Jan Johanson ◽  
Peter Thilenius
Keyword(s):  
International Business ◽  
Business Relationship

The Impact of (Mis)communication on International Commercial Arbitration

2020 ◽  
Author(s):  
Carolina Arlota
Keyword(s):  
International Business ◽  
Empirical Studies ◽  
Hague Convention ◽  
Commercial Arbitration ◽  
International Commercial Arbitration ◽  
Legal Traditions ◽  
Recognition And Enforcement ◽  
Different Cultures ◽  
The Impact ◽  
Principal Method

International commercial arbitration is often considered the principal method for solving disputes between international business parties mainly because of its final and binding nature. International commercial arbitration is a valued alternative to litigation in foreign courts, while also avoiding simultaneous legal claims in different jurisdictions around the globe. In this context, effective communication among private parties, which is defined as steering clear of potential miscommunications among them in international business transactions, is essential for the negotiation of successful arbitration agreements and efficient international arbitral proceedings. Complexities concerning the communication among parties located in different countries—with different cultures and distinct legal traditions—abound. Such complexities are informative of the main stages of international commercial arbitration, namely, before reaching the negotiation table, during the writing of the arbitration agreement, and after a legal dispute arises. This topic has not been subject to comprehensive analysis, despite its significant impact on the parties’ business needs and related optimization of their interests. In addition, trending relevant issues in the field include the recently signed Hague Convention on the Recognition and Enforcement of Foreign Judgments in Civil and Commercial Matters, the increasing judicialization of international arbitration proceedings, the increasing use of artificial intelligence and empirical studies in international commercial arbitration.

Effect of National Culture on Development of International Business in the Sultanate of Oman

2016 ◽  
pp. 397-417 ◽  
Author(s):  
Neeta Baporikar
Keyword(s):  
National Culture ◽  
International Business ◽  
Technology Development ◽  
Arab World ◽  
Technological Development ◽  
Modern World ◽  
Sultanate Of Oman ◽  
The Persian Gulf ◽  
Different Cultures ◽  
Different Levels

Today, no business can be local or national due to the effects of globalization. The world of business has become international. However, extant business literature ignores links between national culture and technology development and international business, although in reality all three are interdependent or least they are characterized by a cyclical co-dependence and co-influence. In the modern world, superior technologies enhance economic development, and technology transfer allows many emerging markets to grow significantly as seen in Asia or the Persian Gulf. Simultaneously, different cultures exhibit different levels of technological development in the Arab world commonly referred to as the Gulf. Among the Gulf, the Sultanate of Oman occupies a prime position in terms of the economic, social, and developmental strides made in the last three decades. How the Sultanate's national culture has played a significant role for development of international business is the core of this chapter.

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