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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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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COPYRIGHT 2004 Singapore Institute of Management Cross-cultural challenges when doing business in China.(Research Note) Abstract With the globalisation of world business‚ China has become an appealing 有吸引力的market for foreign investors. The problem of cross-cultural management arises as the cooperation between China and its culturally different Western partners continues to increase at an unprecedented无前例的 rate. This paper presents an understanding on the general cultural differences between America
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DOING BUSINESS IN ITALY Appearances mean a lot to Italians; they judge a person based on the way he or she dresses and carries him or herself. The first impressions they form about someone usually are the lasting impressions. For that reason‚ one should always be respectful when greeting italians and attentive to his or her appearance when doing business in Italy. The greetings are enthusiastic‚ but formal. When greeting someone for the first time‚ one should give a handshake with direct eye
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Business Cultures Individual Assignment Prepare a paper (and give a short presentation ca. 15 minutes) describing the business culture in a chosen country or market area. You should discuss the elements of the business culture there‚ consider which features to be crucial and worth knowing in marketing and business there‚ give recommendations and draw conclusions on appropriate marketing strategies and policies in that country. Focus on the elements of business cultures discussed earlier.
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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 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 Colombia | Colombian Social and Business Culture A Colombian Culture Overview Fact File o o o o o o o Official name – Republic of Colombia Population – 45‚644‚023* Official Languages – Spanish Currency – Colombian peso (COP) Capital city – Bogotá GDP – purchasing power parity $399.4 billion* GDP Per Capita – purchasing power parity $8‚900 * Overview Colombia is a country with a unique culture influenced by a fusion of its indigenous Indian‚ Spanish and African
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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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Outline of the Lecture 1. Doing Business in Poland (Socio-Cultural Aspects) Krzysztof Wach‚ PhD Cracow University of Economics Faculty of Economics and International Relations Department of Entrepreneurship and Innovation 2. 3. 4. 5. investment climate cultural dimensions Poland and classifications of cultures historical influence useful tips appendix 1: business legal forms appendix 2: starting up procedures © Dr Krzysztof Wach - Kraków 2010 2 Poland - Economic facts Part 1 Investment
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