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Contracts, therefore, if not holy, are certainly final after signing. Maneuvering for further concessions is not possible, unless both sides agree on it. Failure to honor the terms and conditions of a signed contract can lead to legal action taken against the partner.

Businesspeople from cultures that traditionally regard contracts as mere “statements of intent” which later respond to the realities and nature of the partners’ relationship should not expect German enterprises to be able to adapt too much to this way of thinking. Attempts to continue negotiations or revise fixed terms will create distrust and suspicion and may be grounds to terminate the agreement. (via)

> Read in the next part about: information, values and communication

 

Source: Executive Planet www.executiveplanet.com 

 

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