Read Chapter 10

Answer all questions referencing and citing the textbook concepts.

1. Name three reasons as to why joint ventures and alliances are increasing in the global business​ arena? 

2.  How can you prepare for cultural shock in​ negotiations? 

3.  What are some of the strategies used to prepare for cultural shock regarding​ negotiation? 

4.  Regional free trade zones are becoming popular. What are the negative and positive aspects of such trade​ zones? How will they help or hinder global​ organizations? 

5.  List the steps of the negotiation​ process?