We believe the single greatest risk of doing business in India is its bureaucracy. The Indian bureaucracy is often referred to as "babudom." An Indian bureaucrat is often referred to as a "babu." Today‚ babu may also mean "Sir" or "Mr." The babudom was formed after India gained independence from Britain. It employs many more people than necessary and it is highly unproductive. Each geographic region of the babudom requires specific government permissions and taxes. Making progress in the babudom
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International Business “Doing Business in France” October 6‚ 2012 Doing Business in France Culture Issues It is very important to understand the cultural differences that France possesses compared to the United States before doing business with them. One cultural miscommunication could either make or break the deal. Since France is the 2nd largest trading nation‚ it is imperative to understand these in order to have a good relationship with them and the ability to export to them
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Doing Business in Brazil | Brazilian Social and Business Culture A Brazilian Culture Overview Fact File o Official name – Federative Republic of Brazil o Population – 198‚739‚269* o Official Language – Portuguese o Currency – Brazilian real (BRL) o Capital city – Brasilia o GDP – purchasing power parity $1.99 trillion* o GDP Per Capita – purchasing power parity $10‚100* Overview Brazil is a country greatly shaped by its diverse culture and geography. The largest country in South America
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The Internet is a household word in the West and is responsible for the wide dissemination of information all over the world. It is perhaps the greatest invention of the 20th century and gives great power to its users; with great power comes great responsibility‚ especially for youths. The Internet is a new medium for distributing information. It has its own culture‚ its own way of communicating‚ no law enforcement‚ no national boundaries as well as free access to every kind of information known
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Doing Business in Colombia | Colombian Social and Business Culture A Colombian Culture Overview Fact File o o o o o o o Official name – Republic of Colombia Population – 45‚644‚023* Official Languages – Spanish Currency – Colombian peso (COP) Capital city – Bogotá GDP – purchasing power parity $399.4 billion* GDP Per Capita – purchasing power parity $8‚900 * Overview Colombia is a country with a unique culture influenced by a fusion of its indigenous Indian‚ Spanish and African
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Apart from these languages there are innumerable dialects specific to each ethnic group. Different states in India each have different official languages. Central government only recognises Hindi as the official language of India. However‚ when doing business in India‚ English is the language of international commerce. Many Indians bob their heads up and down when affirming something and from side-to-side when conveying a ’No’. Then‚ again‚ silence can express a ’Yes’ or a ’No’. In addition to listening
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Doing Business in India Executive summary This report is a conducted research to discuss the major aspects that should be considered while initiating a new business in India. India‚ specifically‚ was chosen because of its variety in ethnics‚ languages‚ religions‚ directions‚ parties and culture as well. For these reasons‚ India is one of the most interesting spots on the earth. First of all‚ the report gives an overall idea about the background of doing business in India in terms
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Doing Business in Brunei Produced by the UKTI Team in Brunei‚ based at the British High Commission in Bandar Seri Begawan Contact: Stephen Phillips Email: stephen.phillips@fco.gov.uk Last Updated: July 2012 The purpose of the Doing Business guides‚ prepared by UK Trade & Investment (UKTI) is to provide information to help recipients form their own judgments when making business decisions as to whether to invest or operate in a particular country. The Report’s contents were believed (at the
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Doing business in OMAN UK Trade & Investment Doing business in Oman Are you a member of a UK company wishing to export overseas? Interested in entering or expanding your activity in the Oman market? Then this guide is for you! The main objective of this Doing Business Guide is to provide you with basic knowledge about Oman; an overview of its economy‚ business culture‚ potential opportunities and an introduction to other relevant issues. Novice exporters‚ in particular will find it
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Doing Business in Japan Abstract This report will highlight the various aspects of Japanese culture important to understanding how the average Japanese man or woman goes about his or her day. This report will also analyze various aspects of Japanese culture which would be useful for a Canadian business person to have a successful and safe business stay in Canada‚ and very briefly highlight some differences between the Canadian and Japanese culture. TABLE OF CONTENTS Page
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