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Global Markets and Business EtiquetteA doubleshot of business news espresso with extra froth
First and foremost, when doing business with a foreign country, don’t over do it in trying to fit in with their culture. Russians know that you are not Russian and, therefore, do not expect you to act Russian. They expect you to act like yourself. Below are some additional information Batjargal learned from his study that you need to know when dealing with the global market: China The Chinese have a more trusting culture. Batjargal states that this is due to China’s social and political stability, the Confucian cultural legacy of trusting relationships, and the large rural population. Additionally, he adds that higher trust leads to benefits like less monitoring expenses. Russia Russians are not as trusting as the Chinese. In order to gain their trust, one needs to find out their associates likes and dislikes and play that to your advantage. Also, divulging information about yourself and your personal likes and dislikes will help to gain trust, because your are making yourself vulnerable as well. Women vs. Men Diversify Source: Universities Should Provide More Entrepreneurial Studies Top Entrepreneurial Schools How to Profit From Networking The Networking Boogie Man By Michelle Cramer Tuesday, May 17th, 2011 @ 7:01 PM CDT Networking | |
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