Entrepreneurship

Why do you need to understand the culture of the
country in which you do business?
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Slide 1: Mind map
Economie

This lesson contains 16 slides, with interactive quizzes and text slides.

Items in this lesson

Why do you need to understand the culture of the
country in which you do business?

Slide 1 - Mind map

Chapter 4
Section 2:Ways to enter the Global Market
Pages 85-92

Slide 2 - Slide

  • Objectives
  • Identify the importance of culture when doing business in a country
  • Summarize the ways of showing respect when doing a business
  • Discuss the method of finding opportunities in the global market

Slide 3 - Slide

When you travel abroad for business, you should prepare by studying the customs in the country you are visiting. Failing to do so may keep you from closing an important business
deal.

Slide 4 - Slide

What should you prepare for
when you are visiting a country to do business?
A
Goals
B
Customs
C
Methods
D
None of the above

Slide 5 - Quiz

What
key factors are important to
remember when doing business
with another country?

Slide 6 - Mind map

Brainstorm international business situations that might call for cultural understanding(Examples might include special requirements for food preparation and type because of cultural traditions; different cultural communication styles; time zone issues.)

Slide 7 - Open question

Importance of culture

Slide 8 - Mind map

Showing respect
Be prepared to remove your shoes in some situations. This
shows respect.
Dress conservatively.

Slide 9 - Slide

What things should you take care when doing business in Dubai or the United States?Choose one and give answers.

Slide 10 - Mind map

A person who translate the other person’s language into English.
A
Business representative
B
Communicator
C
Interpreter
D
Translator

Slide 11 - Quiz

The world market is huge. There are countless international opportunities for entrepreneurs who are willing to take the risk and go global.
1. Standard Industrial Trade Classification (SITC) codes: you cn learn about products traded in different countries
2.International Business Exchange (IBEX): It lets you sell
products and services online anywhere in the world.

Slide 12 - Slide

3. Trade missions: small
business owners meet and talk with foreign agents, distributors, or  potential business partners

Slide 13 - Slide

How should you go about selecting an international
market? Which market will you choose to operate your business and why?

Slide 14 - Open question

What is that is a good way
to find trading partners?
A
Trade missions
B
sitc
C
Trade barriers
D
Ibex

Slide 15 - Quiz

Slide 16 - Mind map