Write an essay by analyzing the social economic environment that has an effect on international business negotiation . By using this information as your guideline 

 

A ) Education information

Determine- the education requirements of the participants in the target sector 

 

And asses 

Training needs of the targeted company for possible budgeting ( expenses$ budgeting or managerial capabilities of the target market)

 

B) infrastructure 

Determine -the status of national and local systems 

And also things like Roads , water , sewage how do the affect international business negotiation 

 

C ) technology 

Establish level of access to current use of technological development related to the project in both near or long term 

Investigate - government involvement in or restriction of technology in access or development 

 

D) Distribution

Ascertain-restriction on foreign rights to distribute and the guideline for setting up a distribution chain inside of the target market.

 

E)  Finance

Determine.

- the ability of the local economy to provide or absorb financing for the project,

- the convertibility of local currency,

- access to stable banking facilities,

- the target company's financial status

- any restriction on currency flows into or out of the target market.

 

F)  Transportation

Focus on.

- the status of the target market's internal and external air transport.

 

Also Quantify

- the ground transportation, including. auto, truck, and rail stock, if in direct connection to the project.

Then Acquire.

- governmental projections regarding transport, if readily available.

 

G) Corruption

Determine...

- whether an industry or economy is far too corrupt to warrant further inquiry

 

H) Attitudes Toward Foreigners

Get- a fix on the host country's view toward foreigners in general, as well as the attitudes concerning your particular nation.

 

National biases may be.

- racial, geographic, cultural, political, moral, religious in nature.

Also Determine

- these stereotypes in advance

Answer rating: 100% (QA)

The social economic environment has a huge effect on international business negotiation Different countries have different education requirements infr... View the full answer