Asian Business

Paper Summary:

This paper provides a guide in doing international business with Asia and enumerates the different business and cultural practices of the major Asian countries. The paper states that it is necessary to understand these cultural differences in order to make transactions successful. The paper also relates that Asia is an ideal area for expanding western business because labor is inexpensive and the Asian region is eliminating trade barriers in order to solicit investments from the west. In addition, many Asian countries such as the Philippines and India are ideal places to invest in and the majority of the population is fluent in English. The paper concludes that knowledge is the key to international business, as the more you are acquainted with and understand the cultures, the greater the possibility of success.

Outline:
Introduction
Cross-Cultural Communication
The World and Asian Economy
Doing Business in Asia
Cultural Differences
Doing Business in China
Japan and its Culture
Doing Business in Japan
Doing Business in Hong Kong
Doing Business ini Southeast Asia
Doing Business in Indonesia
Doing Business in Singapore
Doing Business in the Philippines
Summary

From the Paper:

"Usually during Christmas time, it is customary for business negotiators to give tokens of appreciations to all the people who have been helpful in letting you push through with the business transactions. These people might include the security guards for the mere act of letting you in the building and to the secretaries for making sure that your messages are received by the potential Filipino business partner. Gifts could range from baskets of goodies to company giveaways to plain calendars or office items with your company logo."

Sample of Sources Used:

• International Business Etiquette: Asia and the Pacific Rim. (1999). Ann Marie Sabath. Career Press, Franklin Lakes, NJ.http://www.worldroom.com/pages/shelves/offshlvjul24.phtml
• Doing Business in Asia. Ames Gross. Pacific Bridge Medical - Asian Medical Publications.http://www.pacificbridgemedical.com/publications/html/DoingBusinessInAsia.htm
• Opportunities for Success and Failure in Asia. (January 7, 2005). Christopher W. Runckel. In Depth: Small Business. http://www.busines-in-asia.com/search_asia1.html
• Doing Business in the Philippines. U.S. Commercial Service. http://www.buyusa.gov/philippines/en/doing_business_philippines.html

More papers on Asian Business:

• Analytical Essay # 118229 : "Global Business Culture"
• Essay # 69367 : "International Business Start Up"
• Analytical Essay # 47503 : "Asian Immigrants and Philadelphia"

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