Documente Academic
Documente Profesional
Documente Cultură
2. Get to know the culture: Someone once said that it's an incredible faux pas to offer a
Japanese executive our business card without first turning it around so that he or she can read
it right away. That detail illustrates the importance of understanding the traditions and
nuances of the cultures with which we wish to do business. Check out Web sites that discuss
various cultures; if possible, talk with businesspeople from foreign countries to gain a sense of
appropriate business practices. Is a handshake sufficient to close a deal? Is bribery an
accepted element of business leverage? “We think the ways of Nepal are the ways of the
world, and they're simply not.”
3. One size does not fit all: Granted, barriers are breaking down worldwide, but that still
doesn't mean that one product will work in every situation. Expensive, proprietary software
likely will not command the attention of a developing third-world nation that it would in
Western Europe. Part of getting to know a country's traditions and culture understands interest
and demand. That, in turn, can help better direct marketing and other sales efforts.
4. What price is right?: Likewise, it's essential to understand what pricing structure is going
to be attractive — but nonetheless profitable for we — in various parts of the world. Again,
less developed nations may not be suitable if a product or service is too expensive. By the
same token, more affluent cultures may be able to obtain like products less expensively than
we can offer. This can really be an overwhelming task, one that often happens through trial
and error. It's usually a good idea to start prices a little bit high and then come down if need
be the right way.
5. How are we going to ship our product and at what cost?: Depending on where we want
our wares to go, it's essential to gain a realistic grasp of prospective shipping costs (likely
more than we think). Equally important is establishing who's going to pay that bill. If we're
setting up an international network, make certain we negotiate whether we or our customers
will be covering shipping (or, by contrast, if we can share costs). For example The European
Union has that Value Added Tax that always adds to the cost of goods. We should also pay
attention to the culture of the country in which we're doing business. That may dictate who
should pay shipping.
6. How will we get paid?: Credit card use is far less common in Nepal then internationally.
Give just consideration how we're going to set up a reliable payment structure. Look into wire
transfer systems or, if we're doing business on the Internet, online payment programs (it's a
way of getting what's owed we, and many also offer currency exchange features).
Conclusion
Leading a life is not so easy particularly concerning the quality of life, a life that guarantees
job security, access to education of offspring, access to quality health care, access to clean
water and sanitation etc. People in the underdeveloped nations have to struggle hard. The
proverb “life is not a bed of roses” proves to be true especially to us in the third world.
Actually, globalization process has a dramatic impact upon those living in the
underdeveloped.
Doing global business is not easy job. We need to better prepare to over come all the
difficulties as we have mentioned in above. We have keeping mind the physical and societal
factors of that country like political and legal practices, cultural factors, economic forces,
geographical influences and competitive factors are also equally important. Like major
advantages in price, marketing, innovation or other factors, number and comparative
capabilities of competitors and competitive differences by country. As we know there has
growth in globalization in recent decades due to many factors mostly: Technology is
expanding, especially in transportation and communications. Governments are removing
international business restrictions. Institutions provide services to ease the conduct of
international business. Consumers know about want foreign goods and services.
Competition has become more global. Political relationships have improved among some
major economic powers. Countries cooperate more on transnational issues and Cross-national
cooperation and agreements. This is very reasons we need be better prepared and educated to
take step in the international Business and we easily can realized the doing global business is
not the bed of roses. There are many thons around it, we should prepared and efficient to
overcome all difficulties.
At last, it should be kept in mind that there are numerous factors to consider before going
global. Plan at least a two-year lead time for world market penetration, define our business
plan for accessing global markets, determine how much we can afford to invest , pick a
product or service to take overseas, prepare our product for export, conduct market research to
identify our prime target markets, find overseas customers, establish methods of export,
prepare pricing strategy, set up terms, conditions and other financing options, implement an
after-sales service plan, explore partnerships with overseas partners that it seems to be a long
list. But don't worry - it is some small business owners just like we who are going to
change the shape of the world economy in the twenty-first century.