SEMINAR IN INTERNATIONAL BUSINESS ASSIGNMENT (2) DOING BUSINESS IN CHINA DOING BUSINESS IN CHINA Despite the economic developments in major parts of the country‚ and modern Chinese people’s increasing appetite on adopting western styles of living‚ China is still a country with a very special character of its own. Most first time visitors to the grand old empire will without doubt find the Chinese mentality‚ culture‚ and not forgetting the food‚ exciting but also challenging and sometimes
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Political and 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
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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 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 Russia: 2013 Country Commercial Guide for U.S. Companies INTERNATIONAL COPYRIGHT‚ U.S. & FOREIGN COMMERCIAL SERVICE AND U.S. DEPARTMENT OF STATE‚ 2010. ALL RIGHTS RESERVED OUTSIDE OF THE UNITED STATES. • • • • • • • • • • Chapter 1: Doing Business in Russia Chapter 2: Political and Economic Environment Chapter 3: Selling U.S. Products and Services Chapter 4: Leading Sectors for U.S. Export and Investment Chapter 5: Trade Regulations‚ Customs and Standards Chapter 6: Investment
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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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Doing Business in Bangladesh | Bangladeshi Business Culture A Bangladeshi Overview Fact File o o o o o o o Official name – People’s Republic of Bangladesh Population – 156‚118‚464* Official Languages – Bangla (also known as Bengali)‚ English Currency – Taka Capital city – Dhaka GDP – purchasing power parity $259.3 billion* GDP Per Capita – purchasing power parity $1‚700 Overview What is today known as Bangladesh was established when Bengal separated from India in 1947. It was then
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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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Doing Business in Bangladesh Doing Business in Bangladesh Howladar Yunus & Co. Chartered Accountants February 2012 Howladar Yunus & Co. Chartered Accountants Page Chapter Contents 3 3 4 7 18 21 27 30 32 33 37 38 39 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 11.0 - Disclaimer Introduction The Country Forms and Business Enterprises Direct Taxation Exchange Control Other Forms of Taxation Labour Relations and Social Security Grants and Incentives Quality of Life Appendix – A : Rates
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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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