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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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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Doing business in the UK: . General considerations . Reglations . Employment in the UK General considerations What makes the UK through centuries‚ decades and years the world’s most leading investment destinations for internationally dynamic business? 1. The easiest place to set up and run a business in Europe: Surveys suggest that the UK is the easiest place in all of Europe for setting up and running a business. According to a recent study by the World Bank‚ it takes approximately 13
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Business culture RussiaBusiness culture Russia •1.Introduction •2.Russia •3.Appearance •4.Behavior •5.Comunications •6.ConclusionsNever forget in Russia •Russia is not European Union. •Russia is not Asian Country. •Russia is the biggest country in the world. •Russia is a Rich country. •Russian are proud of their history. •Russian are proud of their country.Business culture Russia •The Russian Federation has over 140 million people •Cover an area of 7 .106 Km2. •The country has gone through many
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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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BUAD 6106 – Cross Cultural Challenges 11-12-2011 Conducting Business in Russia A Brief History: Russia was a monarchy‚ ruled by ’Tsars ’‚ for most of recorded history. (Early Russian history is complex -- it includes invasions by Swedish Vikings from the West and Mongols from the East. Christianity arrived in about 1000 AD‚ and there were Tsars in Moscow after about 1400 AD. Some of the more important Tsars were Ivan IV (called ’the Terrible ’ because he was pretty‚ well...terrible)‚ Peter
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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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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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Wal-Mart Wal-Mart has a great history of leadership‚ innovation and success. The founder‚ Mr. Sam Walton had a vision and traveled the country studying discount retailing because he had a vision of selling quality products at a lower price. He opened his own store‚ Wal-Mart‚ in Rogers‚ Arkansas in 1962. Today‚ Wal-Mart is the largest retail chain in the world with over 9‚000 stores‚ servicing over 176 million customers‚ and over two million employees in 15 countries; Mexico‚ Puerto Rico‚ Canada
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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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