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India NiyatiPandva RanjitSaini Alfonso Fernandez
Culture and Population The culture is 5,000 years old  Population is over 1 billion people Mother tongue Hindi Namaste is a common spoken greeting
3 3 3 Very religious country Sikhism Hinduism Buddism Jainism Religions of India
Importance of Family ,[object Object]
Usually tradition of the joint families.,[object Object]
Tourism in India India is a great Tourist spot  Old Architecture
Business Cards Business cards written in English Ok to take it with one hand  Ok to be late for meeting
Business Etiquette No touching, hugging Hello or Namaste
ZOPA Rule #1 – The true price of any item is what you pay.
ZOPA Rule # 2 – Try for 70% off — Don’t accept less than 30%. Research 80%
BATNA Rule # 3 – Make them show lots of merchandise
WIN-WIN Rule # 4 – Offer on one item at a time. Loyalty, family.
BULLYING Confront the Lies? Rule # 5 – Wait for the pad of paper. Remember rule # 2
LEARNING TO WALK AWAY Rule # 6 – Say “TOO HIGH”, a lot. No emotions. Be prepared for deal to not happen. Worst case
WALKING AWAY – GOOD OR BAD? Rule # 7 – Imply a bundled purchase 
DIMENSIONS OF INDIA
INDIVIDUALISM - COLLECTIVISM INDIA’S INDIVIDUALISM – 50        US INDIVIDUALISM – 91
LONG TERM ORIENTATION       INDIA’S LTO – 61                                 US LTO - 29
UNCERTANTY AVOIDANCE       INDIA’S UAI – 40                                 US UAI - 46
THE DO’S Use your right hand Accept invitations DO Apologize Give gifts Show respect to high ranks Bid farewell individually
THE DONT’S Arrive early for Dinner Get too close DON’T Display affection Approach Women Rush into business Use chin to point at  superiors
PUTTING NEGOTIATION INTO PRACTICE *This video is intended for educational purposes. http://www.youtube.com/watch?v=ZtbyVFLl_7U
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