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 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 Russia 1 Doing Business In Russia Hofstede’s Dimensions Study Naumov & Puffer (2000) Bollinger (1994) 92 26 76 Geert Hofstede (1980) 90 50 95 10 Uncertainty Avoidance Individualism/ Collectivism Power Distance Long-term Orientation Masculinity/ Feminity 68 41 40 59 55 28 40 Uncertainty Avoidance Index (UAI) Empirical studies of Naumov and Puffer (68 points) as well as Bollinger (92 points) show that Russia is high on uncertainty avoidance. High
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legal impacts on doing business in Korea Korea is known as a country that showed miraculous economic growth‚ and considered one of the four tiger economies of Asia. Since the 1950s‚ South Korea has built a modern‚ internationally oriented industrial economy largely from scratch. This economy‚ the fourth-largest economies (after China‚ Japan and India) in Asia (World Bank 2014) is based on low –cost‚ high quality export production. Between the late 1980 and 1990s‚ the country has seen a massive
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Outline of the Lecture 1. Doing Business in Poland (Socio-Cultural Aspects) Krzysztof Wach‚ PhD Cracow University of Economics Faculty of Economics and International Relations Department of Entrepreneurship and Innovation 2. 3. 4. 5. investment climate cultural dimensions Poland and classifications of cultures historical influence useful tips appendix 1: business legal forms appendix 2: starting up procedures © Dr Krzysztof Wach - Kraków 2010 2 Poland - Economic facts Part 1 Investment
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Business Cultures Individual Assignment Prepare a paper (and give a short presentation ca. 15 minutes) describing the business culture in a chosen country or market area. You should discuss the elements of the business culture there‚ consider which features to be crucial and worth knowing in marketing and business there‚ give recommendations and draw conclusions on appropriate marketing strategies and policies in that country. Focus on the elements of business cultures discussed earlier.
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HELPING YOUR BUSINESS GROW INTERNATIONALLY Thailand Business Guide This guide was produced by the UK Trade & Investment Thailand Markets Unit in collaboration with the British Posts in Thailand. Disclaimer Whereas every effort has been made to ensure that the information given in this document is accurate‚ neither UK Trade & Investment nor its parent Departments (the Department for Business‚ Innovation and Skills‚ and the Foreign and Commonwealth Office) accept liability for any errors‚ omissions
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Vietnam - Overview Vietnam has had an impressive economic growth over the last two decades and continues to grow rapidly. Over a short period of time Vietnam has gone from a starving country to a major exporter of agricultural goods. Today Vietnam is considered one of the most open economies in the world‚ with total import and export value corresponding to roughly 160 percent of GDP. In 2007 Vietnam joined WTO and since then numerous reforms have helped the investment climate improve significantly
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DOING BUSINESS IN ITALY Appearances mean a lot to Italians; they judge a person based on the way he or she dresses and carries him or herself. The first impressions they form about someone usually are the lasting impressions. For that reason‚ one should always be respectful when greeting italians and attentive to his or her appearance when doing business in Italy. The greetings are enthusiastic‚ but formal. When greeting someone for the first time‚ one should give a handshake with direct eye
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there is distance between boss and workers. Spain is a hierarchical country. It is important to keep workers motivated and the easiest way is promoting them. Individualism-Collectivism Spain is individualistic. People usually care for itself rather than for the group. It is important to keep this in mind in business. Masculinity-Femininity Spain is a highly egalitarian country‚ is considered a modern country where men and women have equal rights and obligations. Uncertainty
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