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Participant observation is usually explanatory, identifying cause and effect relationships.
Reservation Point
The least favorable point at which one will accept a deal during negotiations; it's the bottom line or minimum outcome acceptable.
Culture
A shared set of beliefs, values, and patterns of behaviour common to a group of people.
Negotiations
The act of discussing and arriving at a mutual agreement between parties with different interests or desires.
High-Context Culture
A culture in which communication relies heavily on implicit cues and contexts, with less explicit verbal information.
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