Monday, May 25, 2020

Cultural Differences Between China And The United States

In today’s world, it is hard to find a company that is not involved in international business. Within this involvement are these businesses building relationships and negotiating amongst themselves. This negotiation is taking place because they feel they can influence the process in a way that can get them a better deal than settling for what was initially proposed. However, cultural differences between countries are a key factor and create challenges for these businesses. There is more to negotiating that meets the eye and these hidden cultural elements, if not understood, will make or break the negotiation. Therefore it is important to be aware of cultural influences on negotiations. The purpose of this paper is to use different elements and Hofstede’s Value Dimension framework to identify the cultural differences between China and the United States. 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