Doing Business in other cultures

Essay by masroorahmedCollege, UndergraduateA+, July 2010

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Running Head: DOING BUSINESS IN OTHER CULTURES

Doing Business In Other Cultures

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Doing Business In Other Cultures

Introduction

The evolution of the business has played a vital role in the progress of this world. Without it, one cannot imagine the condition faced by the world will be beyond repair. A business also known as firm or an enterprise is a lawfully acknowledged organizational entity intended to make available supplies and/or services to customers or business entities such as governments, charities or additional businesses. Businesses are principal in entrepreneurial economic system, most of them owned and formed behind the closed doors to generate revenue increasing the wealth of owners.

Discussion

The function of business has been varying throughout the centuries. All the way through the survival of share holding organizations there have been different theories concerning the responsibility of business. Organizations too have changed their purpose to accommodate to resourcefulness, working capital and social insistences.

Since the contemporary corporations exemplify to be multi-proportional.

It is always difficult to communicate with aliens or outsiders. Majority of people today are scared to death while talking to a newer person particularly because they are not used to it and tend to avoid it. It is easy to avoid a person but for the business scenario, the picture is opposite. In business, communicating with the stranger can be a key factor and is impossible to avoid (Charlene, Michael; 2009). A person or organization doing business outside their cultural groups there is a need to get in depth analysis of the culture and tradition prior to the launch of business. It is not necessary that the local organization do business outside, as it could be the other way round. Before heading off to other countries and culture one must be aware of the following and...