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International Strategy

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1. Trust is earned and it is true that you would be more apt to trust someone at the start you have a good impression of, but have you been wrong about your first impression?

Do you really need trust in a JV because typically two or more parties are coming together for a mutual benefit project which neither can accomplish on their own for whatever reason, hence self-serving reason. In coming together the success of the JV/project depends on each party doing their part for the success of the project (i.e. a vested interest), and there is a contractual agreement spelling out each party's role and responsibility, so do the parties necessarily need to trust each other or even like each other?

2. " ...want to take advantage of others in order to satisfy themselves"

You will often hear people say: I trusted him/her, but he/she disappointed me. He/she took advantage of my trust to satisfy himself/herself. How can I trust someone again?
How do you see the kind of reaction to a broken trust? How would you advise someone who reacts this sort?
Further, does trust need to be reciprocal? Meaning, you need to trust me for me to trust you back?

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Solution Summary

This solution discusses trust and International strategy within a business.

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1. Trust is earned and it is true that you would be more apped to trust someone at the start you have a good impression of, but have you been wrong about your first impression?

I have had wrong first impressions of individuals in the past and present. For example, I believed that I could fully trust a former co-worker of mine at the college, but I learned of her true side when she got me fired wrongfully, so that she could have more money and power. I have no respect for this person to this day because of her poor character, but I am striving to move forward from all the pain.

You have a good point about trust with JV/project. I think some level of trust is there when parties do get together ...

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