International Business Negotiations
Collectivism is a social and economic ideology that emphasizes the importance of the group over the individual, advocating for shared ownership and collective decision-making. This concept is rooted in the belief that the community's needs should take precedence over personal interests, leading to collaborative efforts in various aspects of society, including business. In a global context, understanding collectivism is crucial as it influences interpersonal relationships, negotiation strategies, and organizational behavior across different cultures.
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