Project Management

A Comparative Study Of Vietnamese And American Customers- Behavior In Negotiation Style And Implications For Global Pricing Strategy

Download Now Date Added: Jul 2009
Format: PDF

Many researches have sought to explain how different customers' behavior might be different across cultures. One way that customer always exercise to maximize the benefits in an offer is by negotiation. Understanding how customers would negotiate will help organizations having appropriate pricing strategies to retain profit businesses in the context of globalization. This research using the own primary data examines negotiation skills of American and Vietnamese customers. Two samples, taken separately from the U.S. and Vietnam, were used to test several hypotheses. The results confirmed that cultural differences lead to different negotiation styles and perception.