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International business dealings
   (other important issues)
Power, role and status
 In Australia and other industrialised nations, it is usual practice for men and
 women to work alongside one another, performing similar jobs.
  However, this is unacceptable in some cultures in which a woman would not
     work alongside a man unless he was her husband.

 A successful female executive used to leading business negotiations at
 strategically high levels for her organisation may need to relinquish her
 leadership role in favour of a male executive—even one of a lower rank—
 when transacting international business in some countries.
 This is because of the way certain cultures conceptualise the role of women
     in business and society.

 What do you think of this???
Questions

    Q1 and Q3 pg 109
Business Appointments
    Most people in Australia try to arrive at appointments
     slightly ahead of time. If kept waiting too long, people
     feel insulted and angry, and may even cancel the
     appointment.
    However, in Latin America, being late to an
     appointment is not
      uncommon and in France, appointments change as
     conditions change, making long-term planning difficult.
    In the Middle East, Muslims pray five times a day
     either in mosques, offices or at home, and on Fridays,
     males must attend congregational prayers.
     Appointments must therefore be planned around
     prayer times.
Business meetings
    In Australia, it is common to schedule set
     times for meetings, such as 9–10 am, and
     circulate agenda items prior to the meeting so
     that attendees know exactly what is to be
     discussed.
    These types of meetings are scheduled at all
     times throughout the day, from early morning
     through to late afternoon, and it is not unusual
     for some meetings to start or finish late.
Business meetings (cont’d)
    However the Germans and British are very
     strict about their meeting protocols, including
     start time, points of discussion and finishing
     time
    While in the Middle East meetings are often
     described as chaotic, with issues being raised
     by anyone at any time, with no structured
     agenda or expected outcomes.
Decision-making protocols
   Generally, Australians prefer to negotiate agreements
    and sign contracts in the knowledge that there is
    recourse to law for justice should an agreement be
    broken.
   Other cultures, such as the Middle Eastern cultures,
    place more significance and value on someone’s word,
    which is considered a direct reflection upon their honour
    —contracts, therefore, are not considered legal, binding
    agreements but rather a means of gaining shared
    understanding of how business is to be transacted.
   Individualism is valued in some cultures and many
    Western managers are frequently given the authority to
    negotiate directly with foreign counterparts, signing
    contracts and sealing business deals.
   However, in Japan and China, for example, the
    group process is more important than the
    individual because decisions are made
    collectively, as opposed to individually.
   In Brazil, a well-connected facilitator is usually
    needed to make things happen in business, with
    an inclination for long-term relationships and
    commitments to exist before any agreements can
    be reached.
   This is also true in China, where a business
    intermediary who understands the legal system
    and business networks is seen as an essential
    component when trying to build business
    relationships.
Questions

    Pg 112…. Q1 and 2

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Lesson 8

  • 1. International business dealings (other important issues)
  • 2. Power, role and status In Australia and other industrialised nations, it is usual practice for men and women to work alongside one another, performing similar jobs. However, this is unacceptable in some cultures in which a woman would not work alongside a man unless he was her husband. A successful female executive used to leading business negotiations at strategically high levels for her organisation may need to relinquish her leadership role in favour of a male executive—even one of a lower rank— when transacting international business in some countries. This is because of the way certain cultures conceptualise the role of women in business and society. What do you think of this???
  • 3. Questions  Q1 and Q3 pg 109
  • 4. Business Appointments  Most people in Australia try to arrive at appointments slightly ahead of time. If kept waiting too long, people feel insulted and angry, and may even cancel the appointment.  However, in Latin America, being late to an appointment is not uncommon and in France, appointments change as conditions change, making long-term planning difficult.  In the Middle East, Muslims pray five times a day either in mosques, offices or at home, and on Fridays, males must attend congregational prayers. Appointments must therefore be planned around prayer times.
  • 5. Business meetings  In Australia, it is common to schedule set times for meetings, such as 9–10 am, and circulate agenda items prior to the meeting so that attendees know exactly what is to be discussed.  These types of meetings are scheduled at all times throughout the day, from early morning through to late afternoon, and it is not unusual for some meetings to start or finish late.
  • 6. Business meetings (cont’d)  However the Germans and British are very strict about their meeting protocols, including start time, points of discussion and finishing time  While in the Middle East meetings are often described as chaotic, with issues being raised by anyone at any time, with no structured agenda or expected outcomes.
  • 7. Decision-making protocols  Generally, Australians prefer to negotiate agreements and sign contracts in the knowledge that there is recourse to law for justice should an agreement be broken.  Other cultures, such as the Middle Eastern cultures, place more significance and value on someone’s word, which is considered a direct reflection upon their honour —contracts, therefore, are not considered legal, binding agreements but rather a means of gaining shared understanding of how business is to be transacted.  Individualism is valued in some cultures and many Western managers are frequently given the authority to negotiate directly with foreign counterparts, signing contracts and sealing business deals.
  • 8. However, in Japan and China, for example, the group process is more important than the individual because decisions are made collectively, as opposed to individually.  In Brazil, a well-connected facilitator is usually needed to make things happen in business, with an inclination for long-term relationships and commitments to exist before any agreements can be reached.  This is also true in China, where a business intermediary who understands the legal system and business networks is seen as an essential component when trying to build business relationships.
  • 9. Questions  Pg 112…. Q1 and 2