The effect of culture on Negotiation

In my earlier post, I wrote about the art of negotiation. In that post, the art of negotiation did not consider the effect of culture. The post considered people of the same culture. Now, how does one go about negotiating with people from other cultures? The cultures generally considered are East and Western cultures. However, we have sub-cultures within these. 

    The Eastern or Oriental culture is known for not being too verbal or too persuasive like the Western culture. In the same way, the Orientals do not like a lot of persuasion. This means when you are negotiating with people from Asia (China, Japan, etc.), you need to give them all the information you have without making a lot of maneuvering tactics or going from point to another. Present your minimum price because there is no room for a lot of bargaining. You should understand that you should not get immediate reply or order for your products or services. Do not consider that to mean the deal will not be closed.

     Another difference lies on the fact that they maintain their words, with or without written contract. In the next posts, we will look at the effect of other cultures on negotiation. So, check out!