Search

Being successful in export business transactions constitutes a great challenge for export newcomers. Entering a new foreign market, export newcomers must take into consideration many additional risks and pitfalls even if they are world‐class in their technology field in their domestic market. Besides the knowledge of common risks and pitfalls, experience in international project management is a must!Good contracts are to be carefully drafted, especially key project execution issues like timeschedules, starting point of deadlines, scope of supplies and services and its limits. If this is properly done, contracts may be used like a checklist for project execution and help the exporter to provide evidence on their contractual performance at any stage.Besides project execution topics, financial risk management has to be taken into account. Although – very hopefully ‐ not needed, legal / legal enforcement issues need to be drafted equally cautiously. Small and medium‐sized companies are well advised to organize expertise and support, if needed. Different cultural attitudes and perceptions can make negotiations very difficult. To avoid surprises, it is highly recommended to become familiar with the customs of the customer country in advance. [ABSTRACT FROM AUTHOR]

Recent conflict resolution researchers have been concerned about the validity of experimental games in their abstract form. Madsen's Cooperation Board seems to be an ideal instrument for the study of cooperation and conflict resolution with children, since it provides the subjects with a concrete situation and thus escapes the criticisms made of abstract games. Shapira and Madsen have found that city children cooperate less than rural ones. Wichman has found that complete communication furthered cooperation at least within the context of a Prisoner's Dilemma. The present researchers have tried to corroborate these findings within a different sociocultural context. [ABSTRACT FROM AUTHOR]