Why Should a Portion of the Negotiating Team Be Retained

question 19

Multiple Choice

Why should a portion of the negotiating team be retained after contract signing?

• A) The venture will launch more easily with pre-existing relationships.
• B) The contract will not be valid in both countries and must be signed twice.
• C) Members of the negotiating team are usually chosen to run the new branch.
• D) Retaining the negotiating team keeps company ideas close to home.

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Definitions:

Communist Government

A form of government where the state owns and controls the major means of production and there is no private property, aiming to achieve a classless society.

Yugoslavia

A country in Southeast Europe that existed from the end of World War I until it broke up into several independent countries in the 1990s due to a series of conflicts.

Disintegration of Empires

The process by which large empires break apart into smaller political entities, often due to internal conflicts, wars, economic problems, or the push for national independence by different ethnic or cultural groups.

Instability

A situation characterized by a lack of stability, predictability, or consistency, often leading to chaos or disorder in social, economic, or political contexts.