Negotiation Practices and Cross-Cultural Management: Japan and USA
VerifiedAdded on 2020/01/06
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Report
AI Summary
This report delves into the complexities of cross-cultural management, specifically focusing on the negotiation practices between Japan and the United States. It highlights the challenges arising from differences in customs, language, communication styles, and body language. The report emphasizes the importance of understanding Japanese business culture, including their negotiation styles and the impact of factors like Brexit and foreign equity investments. It also examines the importance of body language, such as the exchange of business cards (meishi), and time management in cross-cultural interactions. Furthermore, it suggests that both Japanese and American businesses need to adapt their practices, such as the punctuality expected in American business settings, to facilitate effective communication and successful business outcomes. The report concludes by stressing the need for both countries to adopt cross-cultural management to improve their negotiation practices.
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