...Discussion Forums 2 Related Links 3 Guidelines for business etiquette 4 Essential business culture guides for the international traveller Discussion Forums Related Links [1] Contact Executive Planet Guidelines for business etiquette Executive Planet™ provides valuable tips on business etiquette, customs and protocol for doing business worldwide. Our guides are co-authored by experts in international business etiquette, who are available to answer your questions on the discussion board. Essential business culture guides for the international traveler Argentina Australia Austria Belgium Brazil Canada Chile China Colombia Denmark Egypt France Germany Hong Kong India Indonesia Iran Ireland Israel Italy Japan Jordan Malaysia Mexico Netherlands Peru Philippines Poland Portugal Russia Saudi Arabia Singapore South Africa South Korea Spain Sweden Switzerland Taiwan Thailand Turkey United Arab Emirates United Kingdom United States Venezuela Yemen The Executive Planet™ guides to doing business worldwide each contain the following articles: Let's Make a Deal - negotiating tactics, the value of connections, recommended business card style and content, business card protocol, sitting and presenting yourself in meetings, language for brochures and promotional material, pace of business, preferred presentation styles, final agreements...
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...This paper is a cultural analysis of the Mexican culture through the lens of the 5-D Model developed by Professor Geert Hofstede. The five dimensions of the model include: Power Distance (PDI), Individualism versus Collectivism (IDV), Masculinity versus Femininity (MAS), Uncertainty Avoidance (UAI), and Long term versus short term orientation. In recent years a sixth dimension named Indulgence versus Restraint has been added. There are no rankings for this dimension as it has only been recently added and researched (Hofstede, 2012). This Model gives one an important tool for gaining insights into given cultures which can improve business opportunities and interactions (International business etiquette, manners and culture, 2012). Power Distance Index (PDI) is the degree to which the less powerful members of a society accept and expect that power is distributed unequally. The issue is how a society handles inequalities. Mexico, ranking 81on the PDI, is a hierarchical society. Regionally, Mexico ranks higher on PDI than the United States (rank 39) and Canada (rank 40), whose ranks indicate that their cultures strive to equalize the distribution of power and demand justification for inequalities of power. Globally, however, countries vary greatly in PDI, (average PDI rank of 60; Clearly Cultural, 2012). One must consider the PDI rank when doing business with a given country in a certain region. For example, Mexican businesses hoping to successfully compete in business within...
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...Canada, A Cultural Analysis Abstract Canada is a beautiful country that is adjacent to the United States of America. There are many resemblances between Canadian culture and American culture. It is also common for Canadians to expect great communications in the workplace and friendliness. It is valued to be respectful of others ethical background as well. It is also standard to see similarities in basic hand shake as a cultural behavior to mean many things. In a business environment in Canada, business people often begin relationships in a reserved manner; once people get to know one another they usually become friendly and informal. Canada as the United States encourages small businesses to grow and prosper as well as their economic. In regards to the workplace, Canada also promotes from within companies and wants its workforce to be involved in a company’s growth and offers great benefits to its employees. Canada as the Unites States offers great cultural diversity among its people and within the workforce as well. It would be easier for an individual to adapt to Canadian ethical behavior since it is similar and diverse as the United States. There are many similarities and differences between the culture of the United States and the culture of Canada. While there are many preconceptions about the culture and behaviors of Canadians, many of the country’s customs are similar to those found in the United States, despite differences in culture and government...
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...the Highway Zachary I. Knutson Business Practices in the Global Market - #2125 Prof. Creed Final Paper 04/29/2015 As shared in the Introduction section of the textbook “Kiss, Bow, or Shake Hands” by Terri Morrison and Wayne Conaway, one of the most important lessons to learn in doing business internationally is that “communication always takes place between individuals, not cultures.” (Morrison pg. ix) We live in an age today where information and knowledge that is almost instantaneous is gradually blending the lines between countries doing business and the individual cultures that those businesses cater to. Today, more foreigners are entering U.S. schools for education and that will only continue to blur the lines between understanding specific business dealings – and understanding how those business dealings will work in a foreign country. If the playing field of business is becoming more and more aligned – where do the missteps happen in regards to doing international business? And if the communication goes successfully between the individuals creating the deal – shouldn’t that be the ‘green light’ for success? My argument is No. Because once the communication is successful in establishing the opportunity to do business internationally – it will then not be in the correct handshakes or presentation of business cards that success will be found – now it’s time to communicate with the culture. Here is where international business could go wrong, with an overall...
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...The goal of this paper is to cover the topics of Tibet’s approach to business and Education. However, due to the occupation of China, Han Chinese language is now being used to conduct education and Business interactions. I will do my best to cover Tibet’s approach to both topics before and after the occupation. Han Chinese, not Tibetans, most often conduct business in Tibet. The Han argue that it is not in the Tibetan’s traditions or culture to start business enterprises. Most of the Tibetan’s are farmers or herders when the Chinese are used to doing business. Business etiquette in Tibet is similar to that in China, as the Chinese do most of the business in Tibet. Working hours are between nine o’clock in the morning and six o’clock in the evening with a one hour mid-day break. In regards to business meetings; appointments should be made in advance and punctuality is expected. Suits should be worn for business, and business cards should be printed with the Chinese translation on the back and should be presented with both hands. Once cards are exchanged, it would be rude for you not to examine it. Putting it in your back pocket is considered extremely disrespectful. Business meals can last for several hours and international visitors may be expected to drink to a number of toasts. It is also an advantage to have a tolerance for tobacco smoke. (“Tibet Business Etiquette”) The main exports in Tibet are; Livestock, traditional medicine, borax and other minerals, lumber and...
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...Practice By: Mark A. Cowan ACC 499 Strayer University Senior Capstone-Accounting Dr. Monica Pendergrass Abstract The purpose of this paper is to discuss the Hong Kong company of KingJewels. Their ethical leadership in practice will be discussed at length. The author will attempt to discuss the leadership style and how it contributed to unethical behavior, proper segregation of duties may have prevented the fraud, the company’s compensation program that probably contributed to the fraud, how culture may have influenced the behavior towards revealing the fraud, and recommendations of how Mai Won should proceed. To understand the company KingJewels, let us discuss a little history of the company and its owner, Andy Wong. Mr. Wong started in the jewelry business from the bottom as an apprentice and worked his way to the top as sales and sourcing manager of an international jewelry before starting his own business. “He recognized that his company had the potential to expand and internationalize its business further by focusing on jewelry design and technology, and on overseas markets. KingJewels specialized in sourcing, trading, and manufacturing precious gemstones. It prided itself on its fashionable and affordable jewelry products. While Wong had successfully turned KingJewels into a highly competitive business, he left KingJewels internal management to Clement Tam, operations manager”. (Capstone p.96) In January 2006, after the books were closed for...
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...Country Profile: Mexico Jacey Bennett 20121061 International Business Management MGMT3607 Dr. Dannie Brown Tuesday November 20, 2012 Country Profile: Mexico Mexico is a North American country located south of the United States, north Belize and Guatemala, east of the Gulf of Mexico and west of the North Pacific Ocean. Three main industries in Mexico are mining, manufacturing and tourism. (Encyclopedia of Nations, n.d.) Mexico ranks 14 in the world for its land/water area of 1,964,375 sq km. Natural disasters that may occur in Mexico are earthquakes, volcanos and tsunamis. Mexico’s climate varies from desert to tropical. (CIA, The World Factbook: Mexico, n.d.) The two peninsulas of the country illustrate the changes in the climate from one side of the country to the other. The Baja peninsula is desert like with temperatures reaching 100ºF and above, whereas the Yucatan peninsula is tropical and wet. The Yucatan peninsula contains rainforests and white sand beaches. (World Travel Destinations, Culture and History Guide, n.d.) In recent years, Mexico has rapidly developed its tourism sector, the Yucatan peninsula has grown very quickly. Tourism is the fourth largest source of currency income in the country. (Country Profile: Mexico/economies, n.d) The country’s capital city is Mexico City. The primary language spoken is Spanish but there are an estimated 62 other indigenous languages. Most of the population is Roman Catholic. Mexico is a federal democratic...
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...household: 3.34 GDP: $807.2 billion GDP Per capita: $35,000 Income distribution Lowest 20%: 6.36% $282,260 Highest 20%: 40.34% $1,790,418 Employment Unemployment rate: Taiwan: 5.21% Canada: 8.0% Labour Force: 11,070,000 Labour Participation rate: 58.07% Housing Average space: 43.96 pin 87.89% of household living in own house 38.54% of household has no parking lot Physical Forces Total: 36,000 km2 Mostly mountains Three ports and one terminal Limited natural resource High damage rate due to typhoon Climatic Conditions Subtropical and tropical Hottest month: July 24-33°C Coldest month: February 12-18°C The annual average temperature: 22°C The rainfall is about 2,500 mm annually Driest month: November - 66mm Wettest month: August – 305mm Cultural Issues Buddhist and Taoist 93% Christian 4.5% Other 2.5% Official: Mandarin Chinese Earning ratio: 79.1% Education Literacy - 97.78% Years compulsory:9 Attendance: 99.30% Government:18% of governemt expenditure Business Etiquette ✓ Punctuality and handshake ✓ When having a business dinner, never finish the last piece in every shared dish ✓ A great portion of businesses are discussed in eating and drinking occasions ✓ Prepare gifts to main clients during Chinese festivals ✓ Treat business cards with respect ✓ Meetings will continue until the discussion is completed ✓ Don't touch someone's shoulders and head ✓ Avoid communicating anything directly Political Issues Multiparty...
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...Business Strategy Lois Griffin Leading in China Liberty University LDR 520 Dr. Barrett December 2, 2013 An Integration Strategy for Business in China Cross cultural differences is identified as the greatest challenge in doing business, ranking first in the world market when considering: “law, price competition, language, and delivery,” Boontanapibul (2010). An entrance strategy within China will be planned considering its cultural differences and how its difference in market might affect its potential employees. Also to be considered is how to prepare for these differences and if the best practice would be to hire locally or expatriate. As practices of management vary across countries the desire and ability to become and remain successful involve companies to always consider the differences and affects that come with each culture (Boontanapibul, 2010). Hiring Expats vs. China local talent When deciding how to enter the China market one must first decide its best practice for hiring. The options to be considered are hiring locally and expatriate. There could be issues in obtaining expat employees as the hardest issue for expatriate’s success in China is the time required to adjusting within its foreign country making hiring locally most feasible. Finances could be another reason why hiring locally would be in the greatest interest of the company. Selmer explains that the expense of the assignments for several expats could exceed the budgets as risk of failure...
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... and Canada………………………………………….……………….Page 15 Interview……………………………………………………………………………….Page 16 Conclusion………………………………………………………………………………Page 17 References………………………………………………………………………………Page 18-22 1 INTRODUCTION AND OVERVIEW Introduction The purpose of this paper is for us, as a team, to learn more about the culture in Canada relating to a business atmosphere as well as a casual atmosphere. It is important to be knowledgeable of cultures in other countries, due to possible international business opportunities that may arise in the future. Overview In this paper, we discuss a little bit about the history and demographics of the country as a whole. We also talk about the government, economy, and culture of Canada on a more detailed level. Later, in the paper management in Canada as well as a comparison of the U.S. and Canada is covered. 2 CANADA- THE COUNTRY History The first group to come to Canada was the Aboriginal people who were later joined by the French and British to form the culture of Canada (Wikipedia, 2010). Canada has also been influenced by the United States relating to its social culture (Wikipedia, 2010). Canada comes from the word “Kanata”, which translates to the word “village” (Wikipedia, 2010). The capital of Canada is Ottawa (About.com, 2010). Canada is comprised of three different territories and ten different provinces (About.com, 2010). The currency used in Canada is the Canadian dollar (Bank of Canada, 2010). Canada is also...
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...Business Strategy Casey Hilton Leading a Business in China Liberty University LDR 520 Dr. Adkins December 6, 2012 An Integration Strategy for Business in China Cross cultural differences is identified as the greatest challenge in doing business, ranking first in the world market when considering: “law, price competition, language, and delivery,” Boontanapibul (2010). An entrance strategy within China will be planned considering its cultural differences and how its difference in market might affect its potential employees. Also to be considered is how to prepare for these differences and if the best practice would be to hire locally or expatriate. As practices of management vary across countries the desire and ability to become and remain successful involve companies to always consider the differences and affects that come with each culture (Boontanapibul, 2010). Hiring Expats vs. China local talent When deciding how to enter the China market one must first decide its best practice for hiring. The options to be considered are hiring locally and expatriate. There could be issues in obtaining expat employees as the hardest issue for expatriate’s success in China is the time required to adjusting within its foreign country making hiring locally most feasible. Finances could be another reason why hiring locally would be in the greatest interest of the company. Selmer explains that the expense of the assignments for several expats could exceed the budgets as risk...
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...International Journal of Business and Management; Vol. 7, No. 16; 2012 ISSN 1833-3850 E-ISSN 1833-8119 Published by Canadian Center of Science and Education Cross-Cultural Etiquette and Communication in Global Business: Toward a Strategic Framework for Managing Corporate Expansion Ephraim Okoro1 1 School of Business, Howard University, Washington, USA Correspondence: Ephraim A. Okoro, Department of Marketing, School of Business, Howard University, 2600–Sixth Street, NW, Washington, D.C. 20059, USA. Tel: 1-202-806-1545. E-mail: eaokoro@howard.edu Received: March 22, 2012 doi:10.5539/ijbm.v7n16p130 Abstract The expanding scope of business corporations in the first decade of the twenty-first century is drawing much scholarly attention, and the trend has been described as a fact of life that defies the stretch of human imagination. The concept of global economy has expanded consumer awareness, defined new standards and rules of operations, and increased the need for national and corporate interdependence. Multinational organizations are exploring opportunities around the world, demonstrating sensitivity towards cultural differences in order to gain from the proliferation and growth of international enterprise. Recent studies indicate that while some corporations compete successfully in the global marketplace, others have failed to sustain their competitive advantage because of cultural imperialism or inadequate acculturation of their managers on international assignment...
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...WHEN IN ROME, SHOULD YOU DO AS THE ROMANS DO? Submit Date January 09, 2012 Table of Content Introduction 3 Meaning 3 Examples 3 Origin 4 Traveling by Country 4 Don’t write a person’s name in red 4 Follow the correct rules when exchanging business cards 5 If you pass something to someone else, use both hands 5 Avoid strong eye contact 5 In the UK, the V-sign with the palm facing inward is extremely rude! 6 In Italy, eat your pasta with a fork, spoons and knives are rude! 6 In various countries, you may be asked to remove your shoes before entering a home. 6 In the UK, stand on the right side of the escalator 7 Summary 7 References 8 Introduction We travel for enjoy, leisure, relaxation, escape, freedom, business, work and pilgrimage. So that, we must travel with open minds and engage with people in the destination because the travel make a differences to our experience and enjoyment. We live in a world of cultural and natural diversity, so we need to travel with respect and treat other people and their places and their environment with respect. Always we need to be conscious of how we feel as "the visited", tourists cluttering our streets and squares, photographing us, peering into windows of our homes invading and denying our privacy, coaches, engines running, outside our houses, groups of tourists aware only of themselves oblivious to others. people behaving badly because they are away from home; forgetting their manners, acting as though they have...
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...BANK AT CASE STUDY OF ICICI AND STATE BANK. Ms Rajinder Kaur Bilkhu Assistant Professor(M K Ponda College of Business and Management,bhopal ABSTRACT The role of Human Resources is changing as fast as technology and the global marketplace. Historically, the HR Department was viewed as administration, kept personal files and other records, managed the hiring process, and provided other administrative support to the business. The challenge for HR managers is to keep up to date with the latest HR innovations—technological, legal, and otherwise. This report will give the information you need to know about these current HR challenges and how to most effectively manage them in your work place .Human resources is an increasingly broadening term with which an organization, or other human system describes the combination of traditionally administrative personnel functions with acquisition and application of skills, knowledge and experience, Employee Relations and resource planning at various levels. It is the responsibility of human resource managers in a corporate context to conduct these activities in an effective, legal, fair, and consistent manner. Human resource management serves these key functions., This paper Impact of Human Resource Management in Indian Banking Sector unfolds the key dimensions of HRM with a focus on ICICI Banks. This paper deals with the changing concepts of :- 1. Recruitment & Selection 2. Training and Development 3. Performance Evaluation...
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...Receiving his riverboat piloting license, Clemens received a steady income, freedom, and respect from many. The years following on the Mississippi were filled with every type of adventures, including Laura Wright, Clemens and fell for her at an instance. However, they never married and she remained his lover of youth. Suddenly, a great civil war tore America into the Union and the Confederates, Clemens halted piloting his riverboat, fearing he might be saw as a Union vessel to the Confederates. He would return to Hannibal, Missouri to join a local force. In one swipe the force scattered up and Clemens traveled with his older brother, Orion, to the Nevada Territory. In 1863, Clemens would publish three papers for the Enterprise in Carson City, Nevada. In these three papers he would first sign as Mark Twain. Clemens would again return to the Mississippi River and seize an open riverboats pilot position. Reputation was stirring on Clemens for his sketches and articles are appearing New York newspapers and he was a correspondent for the San Francisco Morning Call. A local tale in Tuolumne foothills, California, where Clemens travel to start mining, about a jumping frog caught Clemens attention and wrote a literary representation of the fable. He was to publish the rewritten tale into a humorous book, but was too late to be added. However, the New York Saturday Press publishes it in a newspaper where, cross-country, reprinted thousands of the fable. These reprints have the name...
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