This paper is targeted for globalizing companies and includes a cultural analysis of Canada, in addition to a report on the United Arab Emirates.
# 118897 | 938 words | 6 sources | APA | 2010 |
Published on Mar 14, 2010 in Business (International) , Business (Marketing) , Canadian Studies (History, Culture)
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The paper advises those companies who want to do business in Canada to understand and respect Canadian culture as well as raise Canadians' cultural self-esteem. The paper looks at the corporate marketplace requirements vs. entrepreneurial requirements and offers insight into the Canadian consumer culture. The paper then turns to the United Arab Emirates (UAE) and the effect of culture on businesses there. The paper deals with the number of different cultures in play and the level of dominance that the UAE culture exhibits, the effect that Muslim laws and beliefs have on business interactions, the need for communication, the effect that American globalization has on business in the UAE and the laws and regulations that govern American participation in business development within the UAE.
From the Paper:"The choice of Canada as a study target is appealing because of its close geographical proximity to the United States. Since it is close, international business is relatively cheaper and fast. Canada also may be a good place to store products or technology as a remote location before introducing it to either domestic offices or domestic consumers.
"The way to do business in Canada is to respect Canadian culture, as well as give Canadian culture a sense of purpose and heightened respect. Canadian culture is not well known globally, and thus knowledge about Canadian culture demonstrating respect respect, appreciation and knowledge ability of Canadian culture can open trade doors, and build valuable networks originating within Canada, which has a strong middle class that is an attractive market for American products, as well as a viable one."
Sample of Sources Used:
- FITA. (2008) UAE. Retrieved August 30, 2008: http://www.fita.org/countries/uae.html
- Grant, J., Golawala, F. S., & McKechnie, D. S. (2007). The United Arab Emirates: The twenty-first century beckons. Thunderbird International Business Review, 49(4), 507-533. Retrieved August 22, 2008 from Business Source Complete database: http://www.liberty.edu:2048/login?url=http://search.ebscohost.com.ezproxy.liberty.edu:2048/login.aspx?direct=true&db=bth&AN=25509582&site=ehost-live
- Hachey, Melanie. (2008) What is Canadian Culture? Retrieved August 30, 2008: http://www.bellaonline.com/articles/art24166.asp
- United Arab Emirates (2008). Retrieved August 31, 2008: https://www.cia.gov/library/publications/the-world-factbook/print/ae.html
- UAE Business Forecast Report (2008). 33-46. Retrieved August 20, 2008 from Business Source Complete database: http://www.liberty.edu:2048/login?url=http://search.ebsco
Cite this Term Paper:
International Business (2010, March 14) Retrieved September 30, 2023, from https://www.academon.com/term-paper/international-business-118897/
"International Business" 14 March 2010. Web. 30 September. 2023. <https://www.academon.com/term-paper/international-business-118897/>