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Subject(s)
Ethics and social responsibility
Keyword(s)
business ethics, negotiation, cross-cultural negotiation, ethics in negotiation
The case describes the joint venture negotiation between Mr. Hartmut Holgebretsen, vice president of sales at Euroland Motors, in the English-speaking country of Norland, and Mr. Wu Chang, deputy president at Munchao Motors Import (MMI) in Munchao. It serves as information for a negotiation exercise. The negotiation takes place after the agreement on an initial letter of intent. However, MMI wanted to reopen a few issues before signing a final contract on the import of gas and diesel engines. The case contains “General information” that is available to both negotiation parties. In separate case supplements, Supplement (A): “Negotiation brief for Euroland Motors” and Supplement (B): “Negotiation brief for MMI,” the two parties receive confidential information that is exclusively for them and should not be made available to the other party before the negotiation exercise. The case combines three levels of discussion: a) business issues, b) cross-cultural issues, and c) ethical issues (especially “dirty” negotiation tricks, intellectual property rights, confidential information, and corruption).
The case seems to be most effective and popular when used in executive education with culturally diverse groups of managers who have already gained personal experiences in intercultural negotiations. The case can be used to discuss/introduce topics such as: business ethics in general, business ethics in intercultural/cross-cultural negotiation in particular, mechanics of negotiation, increasing the pie in a negotiation, intercultural/cross-cultural management, and B2B sales of technological products.
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Subject(s)
Strategy and general management
Keyword(s)
Accounting, finance, capital budgeting, M&A, value based management, controlling
Managerwissen für Nicht-BWLer. Praxisnah vermitteln die Autoren die zentralen BWL-Kenntnisse: von den Instrumenten der strategischen, operativen und finanzwirtschaftlichen Unternehmenssteuerung über die Rechnungslegung bis zur Ausrichtung auf dem Markt und im Wettbewerb. Neu in der 4. Auflage: Beitrag zu Führung in Veränderungsprozessen. Übungen überprüfen das Wissen. Aktuell und leicht verständlich.
Volume
4th ed.,
Pages
631
ISBN
978–3791030876
Subject(s)
Strategy and general management
Keyword(s)
Marketing
Secondary Title
Betriebswirtschaft für Führungskräfte: Eine Einführung für Ingenieure, Naturwissenschaftler, Juristen und Geisteswissenschaftler
Pages
109–144
ISBN
978–3791030876
Subject(s)
Strategy and general management
Keyword(s)
Strategisches Management
Secondary Title
Betriebswirtschaft für Führungskräfte: Eine Einführung für Ingenieure, Naturwissenschaftler, Juristen und Geisteswissenschaftler
Pages
85–108
ISBN
978–3791030876
Subject(s)
Finance, accounting and corporate governance
Keyword(s)
discounted cashflow, capital budgeting, net present value, monte carlo analysis, wacc, cost of capital, capital expenditure (CAPEX), business plan
Secondary Title
Betriebswirtschaft für Führungskräfte
Pages
323–352
ISBN
978–3791030876
Subject(s)
Finance, accounting and corporate governance
Keyword(s)
financial statement, annual report, accounting, valuation, balance sheet, cashflow statement, income statement
Secondary Title
Betriebswirtschaft für Führungskräfte
Pages
497–533
ISBN
978–3791030876
Subject(s)
Finance, accounting and corporate governance
Keyword(s)
financial statement analysis, key performance indicators, financial statement key ratios, rating
Secondary Title
Betriebswirtschaft für Führungskräfte
Pages
559–579
ISBN
978–3791030876
Subject(s)
Human resources management/organizational behavior; Strategy and general management
Keyword(s)
leadership, employee motivation, coaching
Volume
5
Journal Pages
89–90
ISSN (Print)
1727-4192
Subject(s)
Economics, politics and business environment
Keyword(s)
diffusion, information technology, retail competition
JEL Code(s)
L5, L81, O33
Volume
43
Journal Pages
1737–1748