Globalization and Cultural Diversity in International Business Essay

Globalization and Cultural Diversity in International Business Negotiations - Essay Example Overall, an analysis of the various dimensions of cultural clashes and contradictions will be acknowledged. After a definitional look at globalization and the extent to which its importance has grown in the world of business, its impact on multi-cultural negotiations will briefly be assessed. Whether the business world has managed to eradicate problems created by multi-cultural business activities and how it achieves these eradications will be evaluated through examination and an example interview. This dissertation focuses on the effect of cultural differences on business negotiations, and how businesses from different cultural backgrounds seek to bridge the gaps between their cultures during business negotiations. The paper explores exactly what is meant by the term ‘culture’ and how its different facets may be measured. Then, I review intercultural communication and cultural exchange; in addition, I talk about the impact of globalization on intercultural communication. Business negotiation is under discussion; I examine the impact of culture on international business negotiations and how to analyze a negotiation process. The main problems posed by cultural differences will be ascertained from the research and discussion, and how businesses overcome these differences will be examined through an example interview (German/Italian cultural differences). The interview will involve an analysis of the cultural differences between Germans and Italians, and how the inte rviewed businesses overcome the differences in order to participate in successful negotiations. There has been a great deal of recent discussion as to whether barriers between different cultures have diminished (Nordstrà ¶m, 1991).