Term Papers: 2. What are some of the differences in risk tolerance around the world? What is the role of risk propensity in the decision-making process?

Term Papers: 2. What are some of the differences in risk tolerance around the world? What is the role of risk propensity in the decision-making process?

 

Students are required to answer the three questions in essay format (maximum 450 words in total). Please print number of words at the end.

 

1. Discuss the relative use of nonverbal behaviours, such as silent periods, interruptions, facial gazing, and touching by people from various cultural backgrounds.

 

2. What are some of the differences in risk tolerance around the world? What is the role of risk propensity in the decision-making process?

 

3. Describe what you would expect in negotiations with Germans and how you would handle that situation.