Purchase Solution

Price as the Crucial Factor in Negotiation with China

Not what you're looking for?

Ask Custom Question

Please help answer the following questions.

Price is the crucial factor in negotiation with China. Do you think this is mainly due to the level of economic development in the country? Would the same be true in other countries with similar levels of economic development?

Purchase this Solution

Solution Summary

This solution helps with price as a crucial factor in negotiation with China. It discusses whether this is mainly due to the level of economic development and whether it would be true in other countries with similar levels of economic development. The explanation is given in 272 words with two references.

Solution Preview

Problem: Do you think this is mainly due to the level of economic development in the country? Would the same be true in other countries with similar levels of economic development?

Solution:
In China, price is a crucial factor in negotiation due to their agrarian value turned business values. It serves to note that almost two-thirds of the Chinese population still live within the rural areas, agriculture in wheat and rice being their primary source of labor. Negotiating builds trust amongst the Chinese, ...

Purchase this Solution


Free BrainMass Quizzes
Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

Learning Lean

This quiz will help you understand the basic concepts of Lean.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media