Negotiations can also differ in strategy when dealing with gender differences. In a highly-feminine society, the idea that a product or service is "readily available" could work against the seller/owner, since it gives the impression that nobody 'wants' that product or service. A highly-coveted product or service is one that is not readily available. Take, as an example, the high demand for Hermes bags among its female patrons. Customers have to register months before a new Hermes bag is released, and the fact that reservations are sometimes available only to selected clientele (depending on frequency of purchase, ability to purchase the bags, and prestige) make these bag highly coveted. In effect, Hermes can demand any price for any new bag because of this psyche of 'scarcity' (limited supply) marketed to its female customers.
In collectivist...
Assume that you are the CEO of a multi-national company. What is the first thing you consider when selecting a model to use in an upcoming cross-cultural merger, joint venture, or acquisition? Why? How will this consideration assist you in selecting the best model for the situation? Being the CEO of a multi-national company, the primary thing I would first and foremost take into consideration when choosing a model in a
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