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BUSINESS ACTIVITIES IN ASIA REQUIRE CLEAR UNDERSTANDING OF BUSINESS CULTURE AND MARKETS


It is easy to assume that your local business practices can be transferred and implemented overseas. Stop right there and save your money for the airline ticket. To be successful in global markets requires patience, commitment, plenty of business trips, and creating strong business and personal relationships. You should always look for local partners and avoid doing everything yourself. Your Asian business partners work long hours and you should make sure that you are available in the evenings when you are back in your country. Building a large network in different business segments is tempting. To build a strong connection with a small number of contacts might be the better approach. Trust and patience are expected. It is not very likely that you will sign a deal during your first visit. It is very likely that plans change on the fly. To be willing to adapt to change and be prepared for delays in business activities will help you to avoid frustration. Interested in learning more about successful international business activities?

2 thoughts on “BUSINESS ACTIVITIES IN ASIA REQUIRE CLEAR UNDERSTANDING OF BUSINESS CULTURE AND MARKETS

  1. Good interesting web …
    I added your website into my favourites!
    Keep up good work! Looking forward for new updates!

    Regards,
    James

    1. Good morning James. Thank you for taking the time to read our blog and commenting. We are always interested in learning more about people visiting our website and providing feedback. Please come back soon to read some of the other posts and looking at new things we will post. Please also follow us on social media. We are on Twitter, Facebook, and Linkedin, working on making a bigger footprint on Instagram. Thank you again and have a wonderful week.

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