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Country Business Analysis: Proposal and Recommendations, 2005.
A proposal for an expansion of business operations into Lithuania.
1,575 words (approx. 6.3 pages), 7 sources, $ 62.95
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Abstract
This paper is a final analysis and recommendation following a proposal to engage in foreign direct investment in Lithuania. Despite the potential benefits of such a move, the report ultimately concludes that it would be unwise to invest in Lithuania at this time. It looks at how rampant political instability combined with a rising current account deficit undermines investor confidence in the Baltic nation.
From the Paper
"Proposed is the possible expansion of business operations into Lithuania via foreign direct investment. The possibility of investing in Lithuania first came up when some members of the company recognized that, as a nation, Lithuania was offering incredible intriguing incentives for business investment. The opportunity was obvious. In addition to incentives for investment, Lithuania also boasts low barriers to entry, and generally high GDP growth rates over the past decade. Naturally, the small Baltic nation seemed an obvious choice for investment. However, further investigation revealed that there were significant, if less apparent, problems for the investor in Lithuania. Politically, the nation is quite unstable. The government has changed hands several times in the last few years, generally under scandalous terms. Recently, some legislative friction has emerged regarding Lithuania's proposed adoption of the Euro. "
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Asian Business, 2006.
A guide to the intricacies of doing business with the Asian Countries.
5,140 words (approx. 20.6 pages), 4 sources, APA, $ 128.95
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Abstract
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."
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Conducting Business in Mexico, 2002.
An overview of the customs, social etiquette, and traditions in Mexico to facilitate a foreigner doing business in that country.
1,122 words (approx. 4.5 pages), 5 sources, APA, $ 38.95
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Abstract
Every country has its own particular way of doing things and its own social and cultural etiquette, and Mexico is no exception. This paper examines certain aspects of the Mexican business world. For example, in Mexico, relationships are extremely important. Therefore, a successful businessperson must understand the importance of forging a warm working relationship. Little things, such as shaking hands and exchanging pleasantries, can make a huge difference when conducting business in this culture. In addition, foreigners must understand that the government has a large influence in private business, as a permit is required for most business transactions. Due to this control, many business practices in Mexico are corrupt. Many people who attempt to do business in Mexico find themselves vulnerable to shady deals if they do not take the time to learn about proper business etiquette and standards beforehand. This paper focuses on Mexico?s culture, business etiquette, manners, habits, customs, forms, norms, and religion, in an attempt to provide a clear and concise report on doing business in Mexico.
From the Paper
"When making an appointment to do business in Mexico, one may often need to schedule extra time, as Mexicans often schedule business appointments during siesta time (between 2 and 5 pm), when they will be off-duty (Abagados, 2001). In addition, they tend to schedule several appointments simultaneously, as they expect some cancellations. If everyone shows up, there will be a delay. In Mexico, it is a sign of power to make others wait."
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Conducting Business in Japan: A North American Manager's Guide, 2003.
Investigates the Japanese culture and its implications for conducting international business within the country.
5,700 words (approx. 22.8 pages), 26 sources, MLA, $ 137.95
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Abstract
Japan is a force to be reckoned with when it comes to the global business environment. It is imperative to gain an understanding of this nation's unique and intricate culture in order to facilitate success business ventures with its people. This paper first discusses an overview of the Japanese culture, including basic facts, history, government, religion and economy. An in-depth analysis is then performed on Japanese business practices, including Japanese values, meeting etiquette and protocol and women in the business world. Lastly, implications for domestic and international managers within Japan are examined. Also included are numerous interviews with businesspeople who have or are working in Japan to contrast their perspectives with those of North Americans.
Table of Contents:
Basic Facts
A Brief History
Japanese Government
Religion
The Japanese Economy
Japanese Business Practices
- Values in Practice
- Meeting Etiquette and Protocol
- Women in the Business World
Management Implications
Appendices:
Appendix I
Interview Results
Appendix II
Japan?s Placement on
Indices in the Text
Appendix III
Top 15 Important Lessons Every Business Person Must Know Before
Doing Business WITH or IN Japan!
Appendix IV
How Culture Affects Management Approaches: Cultural Dimensions
Appendix V
A ?Must-Know? List of List of Japanese Culture and Customs
Addendum
Article Summary: Current Intercultural Issues and Challenges
From the Paper
"The Japanese have a deep-rooted culture and value system that helps to dictate their daily business dealings. Primary to these values is the concept of trust and of establishing long lasting relationships. The Japanese will go to great lengths to get to know their business counterparts in order to feel at ease with them. Thus, when Western managers first meet their Japanese counterparts, they should be ready to participate in discussions that cover topics such as personal hobbies and family life. Moreover, after creating a bond of trust between the two parties, it is expected that the relationship will last for some time as the Japanese value long lasting relationships that are of mutual benefit. This concept is based on the Japanese heritage of being an isolated nation where people stayed in one place for a long time and thus formed long lasting relationships."
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Business Development in Haiti, 2007.
An analysis of the history and political environment in Haiti and how that is affecting the development of new business in the country.
984 words (approx. 3.9 pages), 5 sources, MLA, $ 34.95
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Abstract
This paper discusses the possibilities for business development in Haiti. It outlines the country's development environment and uses this to describe possibilities for opening and operating new businesses. The paper begins by discussing Haiti's colonial heritage and its history of failed authoritarian government and economic chaos. The paper finally shows how development of business and economy in Haiti is closely linked with political stability and internal security, mobility and resources.
Table of Contents:
Introduction
Culture, Geography and History
Government and Politics
Business Development
From the Paper
"In Haiti, development of business and economy is closely linked with political stability and internal security, mobility, and resources. Without addressing these concerns, outside businesses will not relocate to Haiti and the poor local and uneducated local population will not have the resources to overcome obstacles to self-direct their own development. The nation has many natural allies. Its proximity to the U.S. and Canada offer it a market for its products and a generally reliable provider of aid. However, without addressing internal problems, Haiti cannot count on these resources to be extended and cannot expect them to be successfully deployed toward sustainable development. Fortunately, recent evidence suggests that Haiti's government system may be reaching a point of critical understanding in which hopes and promises of development may finally be realized (Charles)."
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Integrity in Business Ethics, 2006.
An analysis of ethical and unethical practices in business, with examples contrasting American values with values of business people in other countries.
4,917 words (approx. 19.7 pages), 10 sources, MLA, $ 125.95
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Abstract
The paper begins with a review of basic ethical principles, between individuals and between governments and individuals. It contrasts the cultural differences in ethical behavior, using adultery as an example of unethical behavior in America that is accepted in other countries. The writer then gives examples of conflicts that a company identified as "Med Inc." had in international dealings. The writer analyzes the ethical conflicts shown in each situation. In conclusion, the writer shows that the ethical system used by American businesses does not correlate with the values of people in other countries.
From the Paper
"One of the reasons this paper has focused on the differences between western and mid east or Asian culture is that there is a world of difference between western business ethics and those practiced by OPEC or most Asian countries.
"As a primary example I am going to tell you about the commercial dealings between a Fortune 500 American business let's call it Medic Inc. and its subsidiaries, dealers and customers from other cultures.
"The first law of American business ethics, and there is a law, is "You shall not bribe any a government, official, person or business in order to obtain preferred status with said customer." Business caught doing this not only is subject to a major fine, but criminal charges may be brought both on the individual doing the bribing and the board of directors of the company.
"In contrast, in Africa, Asia, except possibly Japan, and in the Mid East, 'Baksheesh' is not only not illegal, it is an expected practice. In order for a company to do business with certain governments or businesses a gift of either money or similar value must be made to those making the final decision about whether your company' bid will win or not. Lowest price doesn't really come into play here. It's not what you know, technologically, but whom you know that counts."
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Inter-related International Business, 2005.
This paper discusses the inter-relationship of international companies and the various countries in which they do business using Beckman Instruments, a California-based international biomedical company.
1,185 words (approx. 4.7 pages), 14 sources, MLA, $ 40.95
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Abstract
This paper explains that changes in governments of Italy and Hong Kong precipitated events which required that Beckman Instruments, a Fortune 500 company, totally re-engineer all of its processes. The author points out that, throughout the first half of the 1990s, Beckman was profitable and successful in penetrating new markets worldwide; unfortunately, in late 1994, at the same time, (1) in Italy, there was a complete change of government; (2) the rest of Western Europe was experiencing a major recession and (3) the realization that Hong Kong was going to be given back to the People's Republic of China began to dawn in the minds of the long term development team. The paper relates that Beckman found that the international market is riskier than the domestic market; although Beckman tried to understand the various types of negotiation and business ways of various cultures, like many other international companies, it lost both money and prospective business when the international countries political climate changed.
From the Paper
"By fall of 1994, Beckman realized that it had to totally reengineer itself again. This time not only did it move its emphasis totally away from the scientific instrument focus; it had to refocus the medical device side of its company. With the economic disaster in Europe, Beckman had to close many of its offices and layoff hundreds of people in every company from Great Britain to Germany. It also had to layoff hundreds if not thousands of US employees as well. Before October 1994, Beckman had retired 90 percent of the employees who had more than 20 years of employment with the company By November 1994; Beckman had given notice to over two thousand individuals that were employed by the company worldwide. Employment practices in Europe required as long as one year's notice for most employees. In the United States, employees were laid off just before Christmas."
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Korean History: The Climate and Culture of Foreign Business, 2002.
The rich history of Korea and how it is relevant to the country's modern business climate.
4,458 words (approx. 17.8 pages), 9 sources, MLA, $ 116.95
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Abstract
This paper examines Korean culture through its earliest history to its present state through modern demographics, religion, education, housing, leisure activities, climate, politics, language, currency and the recent developments associated with the division between North and South Korea. Both the very serious and the socially intriguing are discussed in a brief overview of the cultural climate of South Korea.
From the Paper
"Korean history is rich in culture and fable, a history as independently rich as any nation. The foundations of culture and government are traced through a series of dynasties, monarchical families. Each dynasty is associated with a time of change. The focus of each individual dynasty might run the gambit of all cultural and political development, some dynasties were known for their great contributions to literature, art and science while others were associated with more political focuses. The stories and the rich imagery of Korean Cultural History are often rejected by rationalists and often discredited as fable yet the need for understanding is evident regardless of the impetus. Korean Cultural history is ancient and rich and just as any ancient history the difficulty of proof or disproof through archeology or any other means is present. Yet, regardless of the secular identity or focus of today?s world economy the validity of culture requires not only knowledge but also respect of a strong cultural character."
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Sources of Finance for Business in Developing Economies, 2008.
An in depth review of the sources of finance in a developing economy.
9,548 words (approx. 38.2 pages), 9 sources, APA, $ 195.95
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Abstract
The paper points out that businesses in developing countries are prospering, but they are dependant on foreign direct investment (FDI). The paper then goes on to criticize the FDI in that it directs its efforts mainly towards large businesses and as a result the small facilities lose out, instead of it benefiting them and their economies. Next, the paper discusess a case study of Africa to demonstrate how to determine whether a business should move into a particular country or whether a company should attempt financing to grow and expand in a particular country. The paper uses Sub-Saharan Africa to show how this should be done and everything that should be known about a place.
Outline:
Introduction
Foreign Direct Investment
The Growth of Third World Countries
Case Study - Africa
Conclusion
From the Paper
"Foreign direct investment has been around for some time, and it is important to understand this. More recently, however, FDI has moved into many more countries - quite a few of which are still developing, and many of which have a multitude of small businesses, such as those found in many villages and small towns in Africa. Those that have invested in already developed countries in the past have, in general, done well with these investments, because the economies of these countries are growing so strongly. However, those that invest in developing countries are also doing well, but in a more long-term way. When someone, or some business, invests in a country that is still developing, there is no great expectation of immediate wealth. Many of these countries do not have a lot of money, and their economies are troubled and sluggish to some extent. Since the economies of these countries are slow to perform, the businesses that are in these countries have the same problems."
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Chinese Business Communication, 2006.
This paper discusses Chinese business communication and the conduit metaphor.
4,665 words (approx. 18.7 pages), 13 sources, APA, $ 120.95
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Abstract
In this article, the writer looks at communication in the Chinese business world and the conduit metaphor. The writer discusses that a global code of general ethics and basic business communication is increasingly being accepted by all countries, regardless of the diversity of their cultures. In this way the same principles of democracy in business have become applicable to all countries from the West to the East of the world. The writer notes that this paradigm is however not without its difficulties and certain business principles, such as the conduit metaphor, are still an acceptable practice within certain countries.
The writer contends that globalization and communication technology thus complicates matters of business communication when two divergent countries attempt to engage in business together.
The writer concludes that it can be understood that Chinese businesses should learn to foster more open and honest communication channels for the sake of corporate survival in the international arena.
From the Paper
"It is of primary importance to accept responsibility for one's business practices in the public eye in order to ensure public trust. This results in sound business practices and more beneficial business for both the company involved and the public they serve. However, any organization, whether corporate or government, that views communication in terms of a conduit metaphor, will hold the incorrect view that certain information can be kept away from public scrutiny. This is so because, according to the conduit metaphor theory, communication occurs when information is sent from sender to receiver via a transmitter. There is therefore no room for possible human error in either transmitting or receiving the message. It is also irrelevant for the purposes of communication to know whether the transmission occurred via human or electronic means. The theory assumes that successful communication has occurred when the receiver objectively interprets the sender's intention and meaning behind the information sent. In other words, information that is put into the right words will be easily communicable. Any extraneous information that follows the correct one can thus be eliminated as unwanted "noise"."
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Multicultural Business Dealings, 2006.
A look at how too few Americans understand customs, traditions and the ways of doing business in foreign lands.
1,486 words (approx. 5.9 pages), 10 sources, APA, $ 49.95
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Abstract
This paper describes the problem that America has in failing to understand the customs, traditions and business methods of other countries. The paper uses the examples of Japan, Australia and Sweden to demonstrate America's lack of understanding about other countries and the problems this causes in the business world.
From the Paper
"One serious shortfall for Japan is its xenophobia. Even as its industries expand overseas, the managers in those countries- that is, the real decision makers, are Japanese who report solely to Japanese headquarters in Japan. Even as some major industries, primarily the Japanese automotive industry, is setting up assembly and parts plants world-wide (including, of course, the U.S.) the local managers there still report to their "shadow" peers, the Japanese. At the same time, the Japanese government has always been committed to protecting its home-grown industries, even becoming the best customer of some of the most corrupt domestic industries, namely, construction. "Half of all construction jobs are public works projects. Prices are inflated by the notorious dango system whereby major construction firms decide beforehand who will submit the 'low' bid and for how much".
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International Business Case: Australia and Brazil, 2006.
This paper is a case study that analyzes the potential expansion of Mauray Worldwide Travel Company (MWT) of Australia into the international tourism market of Brazil.
3,810 words (approx. 15.2 pages), 16 sources, APA, $ 104.95
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Abstract
This paper explains that the development of advance communication and information processing technology has helped firms link their worldwide operations into sophisticated information networks thus encouraging global expansion of their local business. The author states that Brazil has good economic growth and a stable government, which makes it attractive for Mauray Worldwide Travel Company (MWT) to expand its business into this country. The paper points out that Australia and Brazil have good relations, which enables Australian businesses to more easily become familiar with commercial opportunities and practices in Brazil. The author recommends that MWT enter into the Brazil tourism market through some collaboration, such as lodgings, car rentals, guide services and souvenirs shops, which will lower the risk in terms of high investment. The paper includes several color pictures and graphs.
Table of Contents:
Introduction
Australia
Tourism and Australian Economy
Mauray Worldwide Travel Company
Vision
Values
Strategy
Products and Services
Achievements
International Expansion
Brazil
Why Brazil: An Overview
Geographical Features
Events
Tourist Places
Doing Business in Brazil
Market Research
Business Plan
Influencing Country Factors in Brazil
Brazil Economic Climate
Costs and Risks
Political Climate in Brazil
Costs and Risks
Social and Cultural System in Brazil
Costs and Risks
Legal System in Brazil
Costs and Risks
Ethical System in Brazil
Costs and Risks
Country Factor Analysis
Strengths for the company in Brazil
Weaknesses of Business
Market Opportunities for the company in Brazil
Business Threats Analysis
Conclusion
From the Paper
"Understanding the Brazilian economy is the first challenge to the investors. Brazil is becoming a market where, in the medium term, companies may have to consider establishing a presence and localizing product to be able to compete effectively. It is important to remember that a company will not succeed in Brazil without developing a sound business plan and a longer-term strategy. Foreign investment is generally welcomed and the regulatory environment is friendly. On the one hand, Brazil offers immediate attractions to new market entrants such as a population of some 172 million people..."
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Doing Business in Brazil and Japan, 2002.
A how-to paper for women, comparing Japan and Brazil's business ettiquette
831 words (approx. 3.3 pages), 3 sources, MLA, $ 29.95
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Abstract
This paper examines ways in which a woman can successfully navigate her way around the business worlds of both Japan and Brazil. It compares business traditions from each country, especially with regard with what is acceptable for women. The paper covers issues such as appropriate business ettiquette, greeting gestures, hierarchy and status. The paper also shows general similarities between both countries.
From the Paper
"Greetings are conducted differently in Japan and Brazil. First names should be avoided when greeting Japanese business contacts. Instead, use the suffix ?-san? to the family name or use the title ?misuataa?, Mr., or ?miseusu?, Mrs., and the family name. All introductions are made in order of seniority. One should nod or bow to the same that your counterpart has. Men should bow with their plans flat against their thighs while women should bow with the palm of their hand placed over the back of their left hand and should lower their eyes. Unlike Japanese, Brazilians like to be on a first name basis. However, even here, one should not use first names until invited to do so. Use professional titles to address business contacts of, if there is no title, use the term ?Senhor?, Mister, or ?Senhora?, Mrs. followed by the appropriate first or last name as indicated to you by the individual."
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Business in Nigeria, Thailand and Japan, 2006.
A comparison of business transaction strategies in Nigeria, Japan and Thailand.
2,297 words (approx. 9.2 pages), 9 sources, APA, $ 70.95
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Abstract
This paper compares the similarities and differences in the political systems, economy and culture of the countries of Nigeria, Japan and Thailand. It examines the benefits and detriments that might occur while business transactions are being processed. It also looks at the best possible approaches that business people in each of these countries should optimally utilize for achieving the best possible results in both the long and short term.
Table of Contents:
Objective
Introduction
Overview of Japan
Key Issues Relating to Business Transaction Difficulties
Overview of Nigeria
Key Issues Relating to Business Transaction Difficulties
Overview of Thailand
Key Issues Relating to Business Transaction Difficulties
Comparison of Nigeria, Thailand, & Japan
Summary and Conclusion
From the Paper
"The structural characteristics in large Asian firms that present problems in the global business society are factors such as the fact that Asian firms are generally very poorly structured, family owned and managed businesses with investments being based on connections and centralized decision-making. Cash accounting is the preferred method of business transaction which results in the companies being greatly limited in the global market. Companies are categorized by internal funding and little to no transparency in accounting and auditing processes.., Abuse of minority shareholders is prevalent and management is patriarchal."
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Trust In Business - The Case Of Li Ka-Shing, 2002.
Focuses on the evolvement of ethical business relationships in Asian countries, using Cheung Holdings Ltd., owned by Li Ka-Shing as an example.
4,900 words (approx. 19.6 pages), 23 sources, $ 178.95
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Abstract
This paper will examine the various aspects of business relationships that involve creating and assuring conduct or performance, particularly in countries such as China and Hong Kong. This will focus on the social, cultural, political and economic institutions and relationships that have evolved to take the place of what is found in Western societies, such as ethnic trading relationships. Moreover, in order to provide a focus for this analysis, the research will focus on Li Ka-shing and his company Cheung (Holdings) Limited, as well as Li's theory of trust in doing business.
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