scholarly journals ECONOMIC FACTORS AS ONE OF INTERCULTURAL FEATURES NEGOTIATING IN INTERNATIONAL MANAGEMENT

10.26458/1828 ◽  
2018 ◽  
Vol 18 (2) ◽  
pp. 161-171
Author(s):  
Shahriyar BADALOV
Keyword(s):  
International Business ◽  
Rapid Development ◽  
Business Environment ◽  
Negotiation Process ◽  
The Other ◽  
International Negotiation ◽  
Modern World ◽  
Economic Factors ◽  
Scientific Discussion ◽  
The Impact

Cultural varieties between negotiators are constant in international business negotiation processes. In our modern world, there is a rapid development of international connections in all kind of spheres of human activity. The major aim of this study is to analyse and develop knowledge on the characteristics of intercultural negotiation that will give opportunities to the national representatives to be determined to their particular types of cultures, as well as to endow the characteristics of different countries in some business spheres.On a regular basis, in order to manage the expectations of the other party to the negotiations, it is important to discover the values of the associated partner at the supply stage and to try to manage all the information in the negotiation process, understanding the values and context of the other party involved in the negotiation process in the right place in order to make somewhat useful expectations from the other side, which would help to escape new conflicts in various business bargaining processes.In general, is notable from everyone that culture impacts the time, the style, and the course of the negotiation process. If prevented, cross-cultural connections may weaken an organization’s position in the market, protect it from fulfilling its purposes and eventually lead to reverse of negotiation. The research paper is focused in the scientific discussion part on the impact of intercultural negotiations on the international business environment, it can ensure inspiration and guidance for entrepreneurs, as well as helping them to understand the complexity of economic factors as one of the intercultural negotiating features which is of more interest for the students who are working on cultural diversity and its impact on business. This research thoroughly connects the characteristics of various national cultures with different areas of international business and tries to show the relationship and complexity of international negotiation issues in different contexts. The article should be useful resource for experts, students and researchers who are conducting more research in this sphere.

scholarly journals Znaczenie różnic kulturowych w biznesie międzynarodowym

2017 ◽  
Vol 1 (2) ◽  
pp. 151 ◽  
Author(s):  
Marzena Adamczyk
Keyword(s):  
Cultural Differences ◽  
International Business ◽  
Global Economy ◽  
Research Method ◽  
International Market ◽  
Negotiation Process ◽  
Cross Cultural ◽  
Cross Cultural Communication ◽  
Scientific Discussion ◽  
The Impact

Aim: The aim of this study is to systematize the knowledge on the characteristics and classification of cultures, which will allow national representatives to be assigned to their respective types of cultures, and to present the characteristics of selected countries in some business areas.Design / Research Method: The applied research method is the analysis of the literature in the field of cross-cultural determinants of business and the description of the findings observed and analyzed in theprocess of deductive conclusions.Conclusions / findings: The main conclusion of the research is confirming the view that cultural differences in today's global economy can significantly affect the business in an international context. In order to eliminate or actually to minimize the cultural factor of entrepreneurs, those operating on the international market should diagnose the culture of the country with which they will enter into business relationships and they should develop strategies in different markets taking into account the diagnosis made.Originality / value of the paper: The paper is a voice in the scientific discussion on the impact of cultural differences on international business; it can provide guidance and inspiration for entrepreneurs, helping them to understand the complexity of the issue, and for students interested in cultural diversity and its impact on business. The paper comprehensively connects the characteristics of national cultures with different areas of international business and shows the relationship and complexity of the issue. Such a presentation of the problem shows how important it is to know these differences for proper management of the company.Implications of the research: This paper focuses on the overall functioning of the company on the international market and discusses the cultural differences associated with the negotiation process. It may be the beginning of further research related to cross-cultural communication and management of transnational corporations and international marketing.

Environmental Scanning for Organisational Effectiveness: A Study of Select MSMEs of Jammu and Kashmir, India

2015 ◽  
Vol 4 (3) ◽  
Author(s):  
Vinay Chauhan ◽  
Sushma Kaushal
Keyword(s):  
Organizational Effectiveness ◽  
Business Environment ◽  
Two Dimensions ◽  
The State ◽  
The Other ◽  
Political Environment ◽  
Environmental Scanning ◽  
Jammu And Kashmir ◽  
Economic Dimension ◽  
The Impact

Environmental scanning yields greater anticipatory management that provides important inputs for aquitision and use of information for planning and designing organization strategies. Apart from this, effective environmental scanning activities are likely to deal with threats and grasp the opportunities to finally link with enhancing organizational effectiveness. In fact this relationship matrix has led the researchers to conduct an environmental scanning through an examination of the existing status the components of the macro-environment vis-a-vis their relationship with the organizational effectiveness. There are a number of approaches, which describe the macro-environment, of which PEST analysis is regarded as the most common approach for considering the external business environment. Thus, the present study applies PEST analysis to scan the existing business environment. Jammu and Kashmir due to its peculiar political, geographical, economic, and socio-cultural features, had led its cost mountain economy become a distinctive identity. Despite the fact that the state has rich endowments, international relations with its neighbours vis-a-vis its impact on political environment also pose developmental challenges for the business units operating in the state. This has provided valid rationale for conducting the present. The environmental scanning is done through the perception of the select entrepreneurs operating MSMEs in the state of J & K. An impact analysis of environmental factors (PEST) on the organizational effectiveness is also done in the study. The findings of the study show that the political environment of the state that is not favourable for entrepreneural development whereas the rest of the other drivers of PEST i.e. economic environment, socio-cultural environment, and technological environment show a favourable response of the entrepreneurs. In terms of cause and effect relationship, it is found that the first two drivers of the PEST i.e. political and economic dimension impacts OE positively whereas the other two dimensions namely socio-cultural and technological impacts OE negatively but it is pertinent to mention that the impact is very less and is insigninificant. The study also suggests some of strategic options for developing and creating an enabling environment for successful entrepreneurial development to achieve integrated development of the state.

scholarly journals Trends in the development of the high-tech sphere in the conditions of globalization

2021 ◽  
pp. 65
Author(s):  
Iryna Otenko ◽  
Оlena Ptashchenko
Keyword(s):  
Innovation Policy ◽  
Rapid Development ◽  
High Technology ◽  
Developed Countries ◽  
Modern World ◽  
Future Research ◽  
High Tech ◽  
Information Layer ◽  
The Impact ◽  
High Technologies

Introduction. The presented work considers the main features of the high-tech sphere, presents trends in its development taking into account the requirements of time and processes of globalization and integration based on the generalization and analysis of theoretical, analytical and statistical information layer.  It is determined that the concept  of high technology is a new technology based on the current stage of scientific and technological development. They correspond to a specific list of world commodity markets and priorities of scientific, technical and innovation policy of developed countries. The peculiarity of high technologies is that their rapid development changes the market and accelerates in other sectors of the economy.The purpose of the study is the process of creating new high technologies, and the subject of the study is the analysis of the main trends in the development of high-tech industry. The aim of the study is to consider the processes of globalization in the context of their impact on the high-tech sphere. The study is based on the analysis of research in the field of high technology and the formation of major trends in high-tech development, which allows to predict the main vector of development of high-tech sphere and the ability to forecast the development of domestic high-tech sphere.Research methods. The article used general scientific and specific research methods, in particular: comparison - to study the theoretical foundations of high-tech development and the formation of a categorical research apparatus; analysis and synthesis - in the process of identifying trends in the development of high-tech sphere.Research results. Technological progress has completely changed the structure of the modern world economy. Thanks to technology, new activities have now been developed, many of which are efficient and highly profitable. A classic example of the impact of      the introduction of high technology in everyday life is the emergence and use of new information technology. With the widespread use of new communication technology, this has dramatically reduced the cost of voice, data, text, images, and international charges for the transmission of information. Note that not every technology is a commodity and not every brand of technology. Technology can be a commodity in a certain field of activity, from an idea to a market, where you can identify applications that can be commercialized, analyzed and used. However, in this case, the technology must meet the requirements of standard products, such as patents, know-how, industrial or industrial designs, manufacturing practices, equipment and other equipment, technology, in short, as a means of production. technological processes.Perspectives. In future research we plan to identify the main problems of development of high-tech sphere of Ukraine; a promising direction is to determine the main characteristics of high-tech products, which are formed at each stage of production and in the presence of unsatisfactory characteristics, possible intervention in the production process of a prototype high-tech product.

scholarly journals Pediatric COVID-19: Immunopathogenesis, Transmission and Prevention

Vaccines ◽  
2021 ◽  
Vol 9 (9) ◽  
pp. 1002 ◽  
Author(s):  
Geraldine Blanchard-Rohner ◽  
Arnaud Didierlaurent ◽  
Anne Tilmanne ◽  
Pierre Smeesters ◽  
Arnaud Marchant
Keyword(s):  
Respiratory Tract Infections ◽  
Rapid Development ◽  
Severe Disease ◽  
Innate Immune ◽  
The Other ◽  
High Susceptibility ◽  
Relative Resistance ◽  
Tract Infections ◽  
Inflammatory Syndrome ◽  
The Impact

Children are unique in the context of the COVID-19 pandemic. Overall, SARS-CoV-2 has a lower medical impact in children as compared to adults. A higher proportion of children than adults remain asymptomatic following SARS-CoV-2 infection and severe disease and death are also less common. This relative resistance contrasts with the high susceptibility of children to other respiratory tract infections. The mechanisms involved remain incompletely understood but could include the rapid development of a robust innate immune response. On the other hand, children develop a unique and severe complication, named multisystem inflammatory syndrome in children, several weeks after the onset of symptoms. Although children play an important role in the transmission of many pathogens, their contribution to the transmission of SARS-CoV-2 appears lower than that of adults. These unique aspects of COVID-19 in children must be considered in the benefit–risk analysis of vaccination. Several COVID-19 vaccines have been authorized for emergency use in adolescents and clinical studies are ongoing in children. As the vaccination of adolescents is rolled out in several countries, we shall learn about the impact of this strategy on the health of children and on transmission within communities.

scholarly journals THE IMPACT OF SOCIAL AND ECONOMIC FACTORS IN THE CREDIT RISK MANAGEMENT OF SME

2018 ◽  
Vol 24 (3) ◽  
pp. 1215-1230 ◽  
Author(s):  
Jaroslav BELAS ◽  
Lubos SMRCKA ◽  
Beata GAVUROVA ◽  
Jan DVORSKY
Keyword(s):  
Risk Management ◽  
Credit Risk ◽  
Family Environment ◽  
Interest Rate Risk ◽  
Business Environment ◽  
Point Of View ◽  
Quality Data ◽  
Economic Factors ◽  
Credit Risk Management ◽  
The Impact

Numerous research studies deal with the issue of researching the impacts on credit risk determinants in the SME segment. The study of economic factors that are easier to quantify from methodological point of view, and which prevent complex evaluation of causality of interest rate risk and the discovery of various social barriers dominate. This consistent fact forms a platform in designing the research to introduce a model of dependency of effective credit risk management in the SME segment on significant social and economic factors. Empirical research was carried out in the Czech business environment in 2017 on a sample of 352 enterprises. The structural analysis modeling (SEM) was the main analytical method. The research results confirmed the fact that an effective approach to managing the SME’s credit risk is determined by a number of factors of a noneconomic nature. The most important are education and family environment. These are followed by economic factors, such as a relationship with banks, financial knowledge in the area of capital and payment discipline. The multi-spectral dimension of the findings and causality also opened up a wide discussion and prepared a high-quality data research base for further deeper exploration of this issue.

scholarly journals The Impact of Big Data, Sustainability, and Digitalization on Company Performance

2017 ◽  
Vol 12 (3) ◽  
pp. 181-189 ◽  
Author(s):  
Radu-Alexandru Șerban
Keyword(s):  
Big Data ◽  
Competitive Advantage ◽  
Digital Technology ◽  
Business Environment ◽  
Common Point ◽  
The Other ◽  
Future Generations ◽  
Company Performance ◽  
The Impact ◽  
Different Sources

Abstract Nowadays companies are dealing with large amounts of data, not only for an important decision but also into their day-to-day activity. In order to handle properly these large volumes of data, from different sources without missing the opportunities, companies need to figure out how to manage big data to their advantage. Embracing the advantages of big data is not enough because in order to face the challenges of the business environment, investing in digital technology is no longer seen as giving a competitive advantage, is seen as a standard. Also in the path of evolution, the interest of companies (profit) on one side and the interests of society (social and environmental) on the other side should find a common point in order to pursue their interests in a way that will not affect future generations. Sustainability is the approach towards this future, which allows companies to grow and make profits, but at the same time provides benefits for the society.

scholarly journals Legal Dimensions of International Framework Agreements in the Field of Corporate Social Responsibility

2007 ◽  
Vol 62 (3) ◽  
pp. 466-491 ◽  
Author(s):  
André Sobczak
Keyword(s):  
Legal Framework ◽  
Legal Aspects ◽  
Negotiation Process ◽  
International Negotiation ◽  
Added Value ◽  
Social Regulation ◽  
Labour Law ◽  
Depth Analysis ◽  
Corporate Social ◽  
The Impact

The aim of this article is to offer an in-depth analysis of the different legal aspects of international framework agreements (IFAs) negotiated between multinational companies and global union federations. Using examples from different agreements, the article shows the potential added value IFAs have in contributing to an effective social regulation within international groups and global supply chains that are today regulated insufficiently by national, European and international labour law standards. It also analyses the impact of the international negotiation process of the IFAs and the powers of the signatory parties on the legally binding character of these texts. To conclude, the article discusses the potential added value of an optional legal framework for IFAs.

scholarly journals Impact of Domestic, Foreign, and Global Environments on International Business Decisions of Multinational Firms: A Systematic Study

2017 ◽  
pp. 93-104 ◽  
Author(s):  
P. S. Aithal
Keyword(s):  
Multinational Corporations ◽  
International Business ◽  
Multinational Firms ◽  
International Investment ◽  
Business Environment ◽  
Global Environment ◽  
Cultural Issues ◽  
Global Business ◽  
Business Decisions ◽  
The Impact

International business decisions to be taken by executive managers of multinational firms are becoming more challenging due to uncertainties in business environment which is due to fast changing and unpredictable domestic, foreign, and global environment for long term sustainability. Even though firms are cautious and take precautions while taking decisions on international investment for production and marketing, their sustainability for a long time in a given business is shaking due to continuous changes in domestic, foreign, and global business environment. This is mainly due to variations in economic conditions, political scenarios, sociocultural environment, technological breakthroughs, legal aspects and human behavioural effects on opportunities and challenges on the international business performance of multinational firms. In this paper, we have studied in brief, the various domestic, foreign, and global environmental issues which affects the multinational firm’s business decisions related to international investments and marketing. The paper also discusses the impact of the domestic environment, foreign environment, and global environment on economical, political, technological, legal, and cultural issues on investment and expansion decisions of multinational corporations in general.

scholarly journals PROCESSES OF GLOBALIZATION OF THE INTERNATIONAL BUSINESS-ENVIRONMENT ARE IN MODERN REALITIES

2017 ◽  
Vol 19 (2(64)) ◽  
pp. 32-36
Author(s):  
A.I. Boiarchuk
Keyword(s):  
World Economy ◽  
Business Environment ◽  
Modern World ◽  
Legal Information ◽  
Nation States ◽  
The World ◽  
Definition Of ◽  
The Right ◽  
National Economies ◽  
The Impact

In the article the influence of globalist processes, widely developing in nowadays world, are analyzed. Because of that the art becomes to be a tool of reach countries to have the right of domination in a world space. Authors argue about positive and negative sides of globalization in this text. The main objective of this paper to analyze in detail the impact of globalization on the world economy. The paper presents the analysis of the nature of the process of globalization in the modern world. Globalization has been analyzed in the following interdependent aspects: economic, territorial. Here are main reasons of globalization. The paper presents two main directions to define of globalization in terms of the behavior of nation-states in the global geopolitical environment. The paper presents the positive and negative influences of globalization on the world economy and national economies in the world. Special attention is paid to the problems associated with globalization for the different states. Globalisation is an incessant process, which lasts a lot of years, but problems, associated with it. Autor dispute among themselves about globalisation and can't create a single definition of this process. Autor argue about positive and negative sides of globalisation in this text. Necessity of formation of uniform economic, legal, information and technological space for realization of free and effective enterprise activity of all subjects of managing has led the Ukrainian economy to to transformation of integration economic processes in a new system condition - globalization of economic communications.

The OECD Agreement to Criminalize Bribery: A Negotiation Analytic Perspective

2000 ◽  
Vol 5 (1) ◽  
pp. 129-155 ◽  
Author(s):  
Keyword(s):  
International Economic ◽  
International Business ◽  
Negotiation Process ◽  
Analytic Framework ◽  
Public Officials ◽  
Preference Data ◽  
Business Transactions ◽  
Game Of Chicken ◽  
The Impact

AbstractThis article examines a negotiation under the auspices of the Organization for Economic Co-operation and Development (OECD) on a Convention Combating Bribery of Foreign Public Officials in International Business Transactions. We view the OECD negotiation as the culmination of 20 years of US diplomatic pressure. The investigation provides a detailed description of the Bribery Convention in terms of negotiators' preferences. To accomplish this we structure the talks within a negotiation analytic framework specifying parties, issues, resolutions, preferences, and reservation values. Preference data for the ten largest OECD exporters are presented. This permits the outcome to be described in quantitative terms. Pushing the analysis forward, we assess the impact on the negotiation process of the addition of a highly divisive issue. The divisive issue splits the parties into two coalitions, threatens deadlock, and is left unresolved until the final hours of the negotiation, setting up a game of Chicken. This study offers lessons for the management of future international economic negotiations. Complex multiparty negotiations can benefit from small teams of facilitators focused on designing and managing the negotiation process.

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