Wednesday, August 17, 2016

The Etiquette of Doing Business Abroad

Along with rapidly increasing globalization, international business has become a popular topic in recent years. More than simply implementing proven domestic business models in a foreign market, local cultures and customs should always be taken into consideration when managing international operations. While some countries share highly similar etiquette, some are a world apart from what is acceptable in the American business environment. To avoid making cultural faux pas when doing business in foreign countries, please read these recommended tips:

China:

·        Business cards are viewed as if it were a physical extension of that person. It is important to exchange the card with both hands and examine it for a short duration before putting it away.
·        When offered a gift, decline initially before finally accepting, to not appear greedy.
India:
·        Opposite genders should not make physical contact when meeting or leaving.
·        It is considered rude to plunge into negotiation immediately upon meeting. Always engage in small talk before beginning business discussions.
Japan:
·        Handshakes are often avoided in business environments. Instead, bow during an introduction.
·        Seating arrangements are taken very seriously in all settings. You should always be seated across from someone who is of similar ranks to you.
Korea:
·        Avoid hugging even if it is not your first encounter. The culture around hugging is more conservative in Korea and is usually reserved for couples or families.
·        When engaging in social drinking, the first glass must always be finished if possible. It signifies that you are a part of the group.



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