IJSRP, Volume 13, Issue 11, November 2023 Edition [ISSN 2250-3153]
Representatives of international business and law from different countries, when preparing for a business partnership or transaction, often analyze the traditions, differences and characteristics of other countries. Companies try to adapt to the specifics of the other party in order to facilitate the business process. In order to achieve this, cultural dimensions can be analyzed that can convey essential incompatibilities between the parties. Analyzing the incompatibilities between different cultures, Hofstedes cultural dimension analysis can be used. This can be very useful in designing an international business negotiation process because it can convey the differences between different cultural dimensions among the negotiating parties. Dimensions of intercultural differences can influence the negotiation process between representatives of different cultures. There may be different understandings of different symbols or actions in different cultures.