Premium Essay

Canadian Business Structure Compared to the Us

In:

Submitted By LisaSpc89
Words 1105
Pages 5
From the surface, when we think of Canadian culture compared to United States culture; we perceive them to be one in the same. However, there are very distinct differences in their culture and business. Canada’s communication patterns are low key. Reserve, understatement, diplomacy and tact are key attributes and contrast sharply with the more direct approach of many Americans (Business Structures in Canada and Doing Business in Canada, n.d.). According to Global Road Warrior (n.d.), Canadians prefer a direct approach and value building long-term business relationships. They may discuss and negotiate the terms of a contract, but they prefer to receive direct information pertaining to their costs and other conditions. In a Canadian organization team members have the power to make decisions, and management is more of a collaborative effort than a hierarchy. In management style, Canadian managers are not expected to manage in an authoritarian or paternalistic manner but are, nonetheless, expected to be decisive.
Management style could be characterized as informal and friendly with managers preferring to be seen as one of the guys, rather than as an aloof figure who stands apart from everybody else (Business Structures in Canada and Doing Business in Canada, n.d.). Canadians also value time and efficiency. Once a contract is agreed upon they prefer not to change the terms. Canadians generally believe that authority can be challenged. This could be a potential issue especially if working in an environment where management is not normally questioned or challenged on their decisions. Their communication style is also different in that they find certain actions offensive and believe that certain actions give the perception of dishonesty; one such action is the lack of eye contact. Canadians are also generally diligent workers who restrict their non-work communication,

Similar Documents

Free Essay

Canada Business Analysis

...Business Analysis of Canada Canada is the leading country in the world for an American business to expand because of the very similar culture and business environment to the United States. Americans operating in Canada will feel very comfortable integrating into society and will be able to successfully execute their business objectives. The key areas of focus to effectively prove Canada’s compatibility with American firms is based on the following criteria: * Culture * Management * Population Demographics * Compensation * Religion * Ethics * Political Risk * Economy Culture Canada’s culture is very similar to the United States and by analyzing the cultural dimension theory by Geert Hofsted, American businesses will be able to understand how the similarities positively impact the success of American expatriates working in Canada. Hofsted’s cultural dimensions theory is an analysis of 5 specific factors that define the makeup of a society. Using a ranking system he was able to compare over 50 countries to Canada in all of these dimensions: power distance, individualism, uncertainty avoidance, career success and planning for the long-term horizon. Power distance This dimension measures the rigidity or flexibility of a country in terms of how organizations structure management and subordinate relationships. If a country has a high power distance, management structures seem to be more rigid or hierarchal and a chain of command system is...

Words: 3548 - Pages: 15

Premium Essay

Lob Law Case

...1) The Canadian grocery retail industry is a very competitive market with very low margins. Although is grew at an impressive 4% still the Canadians paid the lowest food prices in the world. This was made possible by a stiff competition within the industry, which forced the retailers to keep prices low to maintain their competitive edge. It is mentioned in the case that Canadian grocery market is the most advanced grocery market in the world. These factors make this market somewhat less attractive to enter especially for a new entrant. Loblaw as a retailer was able to maintain a leadership position in this industry by a combination of various activities. It owned majority of real estate of the stores, which gave the company more flexibility as compared to its competitors. They were able to change the setup of the store more frequently to provide a different experience to the consumer as compared to their competitors. They also focused on serving the daily needs of the customer and did it in a flawless fashion. Loblaw used multi-brand approach to maximize its share and invested the cash flow from the business to fuel future growth. This gave them the financial muscle required to capture most of the Canadian grocery market. They worked hard on developing customer loyalty through superior label control program and by developing their in house brands such as president’s choice. They also laid lot of emphasis on improving value proposition to maintain a competitive edge in the...

Words: 1401 - Pages: 6

Free Essay

Canada & International Management

...TABLE OF CONTENTS Introduction and Overview…………………………………………………………….Page 1 The Country…………………………………………………………………………….Page 2 Government and Politics………………………………………………………………..Page 3 Economic Structure……………………………………………………………………..Page 4-8 National Culture………………………………………………………………………...Page 9-11 Management…………………………………………………………………………….Page 12-14 Comparison U.S. 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...

Words: 4857 - Pages: 20

Premium Essay

Midterm Cheat Sheet

...international expansions across cultures to achieve efficiency and effectiveness to achieve firms’ goals. * Globalization: the increased mobility of goods, services, labor, technology, capital throughout the world. * HOW does globalization affect Canadian marketers? Positive impacts * marketers how now much more access to more information about their markets and consumers (domestically and internationally) * much easier communication with suppliers and consumers today * because of free trade agreements, easier to penetrate/venture into other foreign markets * opportunities to lowering production and marketing costs due to the ability to standardize products and processes * and ultimately benefit from having to deal with fewer national currencies (e.g transactions could be in US Dollar, or Euros because EU nations use that), which reduces risks and costs. Negative impacts * small Canadian companies and marketers find it difficult to compete on an even playing field with larger transnational companies. * Globalization is forcing firms to identy core competencies and develop sustainable advantages that will insulate them from competition. * Uncontrollable elements: competitive structure, economic climate, political/legal forces, competition, legal restraints, government controls, weather, fickle consumers. Marketers can’t control these factors but must adjust or adapt to them in a manner consistent with a...

Words: 2915 - Pages: 12

Premium Essay

Westjet

...industry. The objective of the study was to compare WestJet’s IT cost, its resources and its budget to the overall industry standards. With the results, Cheryl was able to conclude that the IT department of the company was competent and worked according to the “WestJet IT Way”. She acknowledged that the IT organization at WestJet was structured according to the IT group’s conventional internal functions of planning, building, organizing, maintaining and governing. To top it off Cheryl found that IT department at WestJet had relatively different skill set compared to the IT sector at other companies1. Further she stated that more than half the systems, procedures and systems were industry-standard. WestJet’s IT department had invented its own operations structured around the company’s needs which were not compliant with other related industries. The study concluded that there was a mismatch in the number of employers as compared to the industry benchmark numbers. 2. WestJet’s assessment and Issues faced - Cheryl Smith was informed that WestJet had undergone an analysis with IBM and they had recommended a solution to its IT concerns. However, Cheryl requested to stop and place a hold on the PMO deal that was suggested by IBM. Instead, the first task she undertook was to determine the budget and resources that were available to her. Her next step was to compare the cost that WestJet’s IT department incurred to the number of IT experts. She did this to get a transparent look...

Words: 1624 - Pages: 7

Free Essay

Canada Pest

...of the United Kingdom’s Parliament. Stephen Harper has served as Canadian Prime Minister since February 6th, 2006. Canada’s parliament has three distinct elements: the Crown, Senate and House of Commons. The Senate serves as the upper-chamber while the House of Commons serves as the lower-chamber. The members of the House of Commons are elected from their corresponding electoral district by receiving the largest number of votes. While Canada has many political parties, the most dominant are the Conservative Party of Canada and the Liberal Party of Canada. From 1996-2013, The World Bank rates Canada’s political stability at an average value of 1.01. As of 2011, they ranked 27th in the world and 5th in the North America at 1.06 behind Aruba, Barbados, Dominica and the Bahamas respectively. Contrary to popular belief, freedom of speech in Canada is not considered absolute. Under Section 1 of the Constitution Act of 1982, freedom of speech is given to Canadian citizens within certain limits. Although individuals have freedom of speech, it is not given freely of Government ramifications. In regards to foreign investors, Canada has a wealth of opportunity for global business. Canada offers a low tax establishment with corporate tax rates 13% below that of the United States. At a Federal corporate income tax rate of 16.5% and plans to reduce the rate further, Canada has presented itself as a viable option for business. Canada plays home to one of the largest free-trade zones in the...

Words: 1302 - Pages: 6

Premium Essay

The Home Depot, Inc. and Canadian Tire Corporation

...Group report The Home Depot, Inc. and Canadian Tire Corporation Financial Statement Analysis Part A Description of Retail Industry: Retail is the process of selling consumer goods and/or services to customers through multiple channels of distribution to earn a profit. Demand is created through diverse target markets and promotional tactics, satisfying consumers' wants and needs through a lean supply chain. In the 2000s, an increasing amount of retailing is done online using electronic payment and delivery via a courier or postal mail. Retailing includes subordinated services, such as delivery. The term "retailer" is also applied where a service provider services the small orders of a large number of individuals, rather than large orders of a small number of wholesale, corporate or government clientele. Shops may be on residential streets, streets with few or no houses, or in a shopping mall. Shopping streets may be for pedestrians only. Sometimes a shopping street has a partial or full roof to create a more comfortable shopping environment protecting customers from various types of weather conditions such as extreme temperatures, winds or precipitation. Online retailing, a type of electronic commerce used for business-to-consumer (B2C) transactions and mail order, are forms of non-shop retailing. Retail Industry competitive environment: Retail industry is a highly competitive industry. Recently, as technologies advances dramatically, traditional retailers have been transforming...

Words: 6888 - Pages: 28

Premium Essay

Business Law

...STRATEGIC DILEMMAS OF A SMALL MARKET PLAYER: THE CANADIAN WINE INDUSTRY Judith J. Madill Eric Sprott School of Business, Carleton University 1125 Colonel By Drive, Ottawa, ON, Canada, K1S 5B6 +1 (613) 520-2600 Ext. 8014 Fax: +1 (613) 520-4427 e-mail: Judith_Madill@carleton.ca Allan L. Riding Eric Sprott School of Business, Carleton University 1125 Colonel By Drive, Ottawa, ON, Canada, K1S 5B6 +1 (613) 520-2394 Fax: +1 (613) 520-2363 e-mail: al_riding@carleton.ca George H. Haines, Jr. Eric Sprott School of Business, Carleton University 1125 Colonel By Drive, Ottawa, ON, Canada, K1S 5B6 +1 (613) 520-2600 Ext. 7487 Fax: +1 (613) 520-4427 e-mail: george_haines@carleton.ca Abstract This paper undertakes an analysis of the strategic situation of the Canadian wine industry. A very small player by world standards, Canadian wineries face intense and intensifying competition within the domestic market. The demand side of this market is dominated by a small number of large provincial monopoly retailers. The supply side comprises five substantial firms that account for ninety percent of total wine production and a large number of very small wineries. The Canadian competitive environment is characterized by strong historical reputations of (and consumer preferences for) Old World wines, economies of scale and technology associated with New World wines, (at best) stable per capita wine consumption patterns, rapid increases in both the number of domestic wineries and land under viticulture...

Words: 9606 - Pages: 39

Premium Essay

Healthcare System

...The U.S. health care system is the subject of much differentiating debates. On one side we have those who argue that Americans have the “best health care system in the world”, pointing to our freely available medical technology and state-of-the-art facilities that have become so highly symbolic of its system. On the hand we have those who criticize the American system as being fragmented and inefficient, pointing to the fact that America spends more on health care than any other country in the world yet still suffers from massive un-insurance, uneven quality, and administrative waste. Understanding the debate between these two diametrically opposed viewpoints requires a basic understanding of the structure of the U.S. health care system. This paper will explain the organization and financing of the system, as well as explain the U.S. health care system in a greater perspective. For most people, the frightening prospect of being unemployed, losing health insurance coverage, having inadequate insurance benefits, or living in a rural community without a physician raises one vital access-related question: Will I be able to get the care I need if I become seriously ill? Because of health care's special status, society has an ethical obligation to ensure that all people have access to an adequate level of health care including access to new technologies as well as existing ones, without facing excessive burdens in obtaining such care. Society's recognition and implementation of...

Words: 2630 - Pages: 11

Premium Essay

Communication Styles - Republic of Poland

... in Poland for a Canadian construction company contemplating entering the foreign industry. 2009 Biznes Consulting 12/1/2009 The Republic of Poland Communication Styles Biznes Consulting report on the communication norms in Poland for a Canadian construction company contemplating entering the foreign industry. 2009 Biznes Consulting 12/1/2009 Introduction Communication styles and business norms vary from country to country. When a company tries to globalize their business and break into a foreign market, the firm must take many precautions in order to adhere to the country’s many social and cultural rules. In order to succeed in any foreign industry, extensive research is required, possibly in the form of an ethnographic study. Biznes (Business) Consulting will give a presentation to the board of a Canadian construction company who is considering expansion into the Polish market. The report is designed to give the Canadian construction company a detailed assessment of the differing communication styles and business norms in Poland compared to those in the Canadian market. To begin this assessment of the Polish communication styles and examination of working norms, Biznes Consulting group will analyze how to conduct a business meeting in Poland. This will include the basic “do’s and don’ts”, business etiquette, time frames and dress or attire...

Words: 3657 - Pages: 15

Free Essay

Canadian Tire

...November 27, 2012 Business 100, AB Investors University of the Fraser Valley SD College Sector 32C, Chandigarh Dear Business 100 – XYZ Investors, We have responded to your request regarding an analysis of the Canadian Tire Corporation and in this report you will find the information about the Company and their recent corporate activity. We have identified various points that will be useful in your decision to invest in this company. We have included information regarding Canadian Tire’s history, the products and services offered by them, and an analysis of the internal and external factors that affect the Corporation’s operations. We have also assessed the critical issues the company is currently facing along with their major implications. In order to see the direction in which the company is head, we also evaluated their vision, mission and long term objectives and strategies, followed by a sound strategy assessment. We have also analysed the company’s marketing strategy in regards to three of the products that they offer and also an overview of the marketing mix pursued by the company in general. We collected data regarding their financials of the past three fiscal years, and checked their sources of capital. Lastly, we have provided conclusions and our recommendations about the company keeping in mind the overall shape of the company’s future operations. We hope that this report guides you in your decision to invest in this company. Sincerely, Star Investors This letter...

Words: 11090 - Pages: 45

Premium Essay

Itm Essay

...A Summary of Various IT Topics: Topic 1, Topic 3, Topic 5 & Topic 9 John Doe Student #: 500 451 389 ITM 102 – 041 Professor: Sunday November 13th, 2011 X University 1. Amazon’s Kindle Fire tablet has caused a war amongst other tablets in the market, especially Apple’s iPad. The CEO of Amazon, Jeff Bezos, is so confident with this product that he stated, “We’re going to sell millions.” Not only does it come with a $199 price tag, which is $300 less than the iPad 2, the Kindle Fire has several remarkable features. It contains an efficient browser that comes with “online print, music, and video content” McDougall 2011) 1. Due to the cheaper price, the Kindle Fire draws the consumers closer compared to the iPad, but iPads are still expected to outsell all other tablets on the market due to their name credentials. I would choose the Kindle over the iPad since iPad`s don`t come with flash, which most videos on the web require flash. Who would win the tablet war? I would say that the consumers are the ones who would benefit, as long as they can decide which tablet to purchase since competitors will introduce competitive prices (Amazon's kindle fire, a new player in the tablet wars 2011) 2. Over the next five years, Apple will be the top leaders in the new technologies because of they create the best computing products in the history. Some people will be intrigued by the Kindle Fire and price, but consumers know that the iPad is more efficient and more reliable...

Words: 2577 - Pages: 11

Premium Essay

Communication Styles - Republic of Poland

...Introduction Communication styles and business norms vary from country to country. When a company tries to globalize their business and break into a foreign market, the firm must take many precautions in order to adhere to the country’s many social and cultural rules. In order to succeed in any foreign industry, extensive research is required, possibly in the form of an ethnographic study. Biznes (Business) Consulting will give a presentation to the board of a Canadian construction company who is considering expansion into the Polish market. The report is designed to give the Canadian construction company a detailed assessment of the differing communication styles and business norms in Poland compared to those in the Canadian market. To begin this assessment of the Polish communication styles and examination of working norms, Biznes Consulting group will analyze how to conduct a business meeting in Poland. This will include the basic “do’s and don’ts”, business etiquette, time frames and dress or attire. Next a complete external and internal analysis will be presented. A STEEP analysis will be studied and human resource management for Poland will be discussed in detail. Following the external and internal analyses, an interpretation of the cultural norms in Canada vs Poland will be examined in the form of a cultural comparison. The cultural comparison is significant in determining family closeness, trust issues, motivation behind employees, issues related to leadership...

Words: 3595 - Pages: 15

Premium Essay

A Comparative Study of Walmart

...A Comparative Study of Walmart Operations in Canada & Mexico Table of Contents 1. Executive Summary…………………………...………………………………...…...2 2. Introduction………………………………………………………………………….3 3. Walmart and the Canadian Marketplace……………………………..…………3 A. Country Competitiveness B. Cultural Environment C. Political and Legal Environment D. Entry Strategies 4. Walmart and the Mexican Marketplace……………………………..………….10 A. Country Competitiveness B. Cultural Environment C. Political and Legal Environment D. Entry Strategies 5. Summary Comparison of Canadian and Mexican Markets…………………….18 6. Recommendation…………………………………………………………………….19 7. References…………………………………………………………………………...21 1. Executive Summary This report closely examines the operations of the world's largest retailer, Walmart, in Canada and Mexico. Assessments of market conditions in both countries have been conducted in terms of country competitiveness, cultural, political and legal environments and the strategies used by Walmart upon entry. Tying into these international business factors, specific aspects of international economic integration, monetary systems, social responsibility and corruption have also been reviewed. While being part of one continent and a common trade bloc (NAFTA, the North American Free Trade Agreement), considerable differences between Canada and Mexico are apparent. These differences are individually analyzed on the following pages. Inevitably, they...

Words: 6771 - Pages: 28

Premium Essay

Banking Features of Australia and Canada

...the well-known 2008 Global Financial Crisis swept through the world, Australian and Canadian financial institutions performed relatively well, with operating stability in financial industry, and no emerge of any banks that are on the verge of bankruptcy or need government rescue. In this paper, in order to retrospect the intrinsic reasons, I will firstly explore the common features of the banking systems in Australia and Canada. Then I will compare their banking systems in structure and regulation with United States. Finally, the different ways mortgage lending is conducted in these three countries will be emphasized. Common features The common features of the banking systems of Australia and Canada are embodied in the high concentrated banking system along with intensive supervision and sound regulation. It is the common features that contribute to the resilient performance in these two countries’ banks through the global financial crisis. Generally speaking, the whole banking sector in either Canada or Australia is monopolized by a few large-scaled national banks. In Australia, there are mainly four banks, Commonwealth Bank, Westpac Banking Corporation, Australia and New Zealand Banking Group and National Australia Bank, which dominate Australian banking market. They are individually and collectively huge compared with the size of banking system and their total assets are vast compared with GDP. These four banks occupy 75% of the total banking assets and 80% of the residential...

Words: 3294 - Pages: 14