Cultural biases in making decisions

 

What difference in cultural biases in making decisions do you think would exist between North American and European Managers?

Sample Solution

We all have an internal list of those we still don’t understand, let alone appreciate. We all have biases, even prejudices, toward specific groups. As people from different cultural groups take on the exciting challenge of working together, cultural values sometimes conflict. Some cultures view conflict as a positive thing, while others view it as something to be avoided. In the U.S., conflict is not usually desirable; but people often are encouraged to deal directly with conflicts that do arise. In fact, face-to-face meetings customarily are recommended as the way to work through whatever problems exist. In contrast, in many Eastern countries, open conflict is experienced as embarrassing or demeaning; as a rule, differences are best worked out quietly. A written exchange might be the favored means to address the conflict.

To make a contract valid, an offeror makes an offer setting out terms of contract, clearly and certainly, and the Offeree accepts the offer, indicating that he is willing to be bound by terms of the contract (jones 2017) The contract needs to be clear and unambiguous, Guthing v Lynn(1931) used the word ‘lucky’ which was considered too vague hence making the contract invalid. To clarify, in this case Kanye, the car salesman is the offeror and you, Kim, is the offeree.

Kim’s part performance of handing over the envelope of cash prevents the offer from being withdrawn, causing an implied obligation on kanye. Errington V Errington and woods (1952), shows that one parties performance of act, paying the mortgage, does not allow the other party to revoke the offer

Acceptance may be defined as ‘an unconditional assent, communicated by the offeree to the offeror, to all terms of the offer, made with the intention of accepting’ (Duxbury 2015). In the case where offer and acceptance are difficult to state, courts will look at the correspondence (Jones 2017). For it to be valid, firstly it must be unconditional, the terms of the acceptance must match the terms of the offer exactly; and communicated to offeror, or else a counteroffer is constructed (Jones 2017). In the case of Hyde V Wrench. It was agreed that there was no contract- the original offer was destroyed when the counter off was made. Moreover, In the case of Brogden V metropolitan, altering an offer made a new offer.

It could be argued that the advert lacked intent to offer, nor was there was no notification of acceptance. However, Kim providing Kanye with an envelope of money demonstrates intent, portraying acceptance through performance. A similar situation is exemplified by Carlill V Carbolic Smokeball co (1893).

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