International Business Culture and Global Business

For an international c ar person, care traveller or expatriate, doing business in a foreign country poses some provoke cross ethnic challenges. Getting to grips with a countrys business culture, protocol and etiquette is important in maximising your capableness and getting the best out of your visit. Greece is a High contect culture. In order to categorize it, we must branch know what the difference between low and high context culture closes.High vs. Low Context Cultures suggests the sorting of cultures into high context versus low context cultures in order to understand their basic differences in communicationstyle and cultural issues. Communication style refers to ways of expressing oneself, to communication patterns that are understood to be typical. Cultural issues mean certain societal factors, such as the countrys status, history, religion and traditions. Cultural issues also allow Hofstedes individualism vs. collectivism dimension. Social nuances are important parts to consider when doing business in greece.To say no in Greece use an upward nod of the head. For yes tilt the head to either side. However, note that numerous Greeks now also use the European/North Ameri female genital organ gestures too so it can be confusing The OK sign (circled thumb and forefinger) may be considered obscene. Never raise an open ornament at face level as this is an insult. If you see a Greek make a hit the ceiling of breath through the lips, they are warding off the evil eye. This is usually done after receiving a compliment. deform and avoid discussions involving sensitive issues such as with Turkey, the Cyprus issue, or the politics of the former-Yugoslavia.They are task-oriented, highly organised and choose doing one thing at a time. They stick to facts and fi gures that they have obtained from reliable sources. They prefer straightforward, direct discussion, and they berate and listen in equal proportions. So it is important to stand by your product with pride and transparancy in order to gain the trust of the consumers their, and also their business. The Greeks can be fairly laidback and as such meetings can be arranged at short notice. It is best to do so over the phone and to digest in writing (fax or email).The handshake is the most common form of greeting in the business environment. Among friends or close acquaintances you may also see an embrace or kiss. Wait for the other troupe to initiate the move to this level if it ever comes. One other country I would relate to Greece is Iceland because in that location are rural lands, and busy cities as well. Iceland is also facing financial challenges as Greece is due to the EURO funds and has been severly hit by the european recession as well. The corrupt politics and regulations of the countrys assets has led to some punishing times inboth countries.However, there are still many opportunities to in doing business abroad to such countries, considereing the minimum wages are i ncreasingly lower than that of America and there is a large percentage of meliorate individuals seeking employment in these hard times. Another factor is untapped resounrces, such as cover and precious metals of the earth. Lastly, I would say whenever doing business in any country we must remember to that we are guest, and work with ethics in mind and proper investment so that there may be a positive effect on the countrys citizens view of international business ventures.