How to “Do Your Homework” in International Business Relations by Gurjeet Chima | TCP Growth

• November 24, 2022
• Angeli Maduli
• no comments

😉 Here are some tips for negotiating internationally

With our ever-growing network through the use of technology, we deal with international businesses more and more.

Gurjeet Chima, the AVP for International Markets at Penske Media Corporation, shares her tips on how to “do your homework” for international business negotiations.

💡 Know your partner and competitors. It’s important to know who you’re dealing with and who might be the possible challenges to the business.

💡 Learn the terms and concepts they’ll likely use. Don’t get intimidated by jargon by studying the language of your business.

💡 Review the history of the company and your counterpart. The company will appreciate your effort in knowing their story.

💡 Understand what you can bring to the table. Know your strength and think about why the company chose to negotiate with you.

Gurjeet has more videos on international business negotiations. Check it out on our YouTube channel.

Share your tip in doing business negotiations!

#BusinessNegotiation #CrossBorderDeals #GurjeetChima #TCPGrowth