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Simon Peters, a senior manager at Celise Export Logistics, goes for a meeting in France to negotiate a deal with the company's French partners. He dresses casually in a t-shirt and jeans. His French counterparts call off the meeting and accuse him of taking a casual attitude toward negotiations. In the context of this scenario, dressing formally during business meetings is probably a cultural _____ for the French.
Estimate Cost
The process of forecasting the financial expenditure required to complete a project or produce a good.
Selection Phase
The stage in a project or procurement process where options are evaluated and choices are made regarding resources, suppliers, or methods.
Detailed Estimates
Comprehensive predictions of the expected costs, resources, or time needed to complete a project component or task.
Slower
Moving or operating at a reduced speed or pace compared to normal or expected.
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