known as the United States (U.S. or US) or America. • It Consists of 50 states. • It is the 4th largest country by area. • And 3rd largest country by population. • Capital City is Washington DC. Business Environment in US
• The United States is the largest and most powerful
economy in the world. • GDP Growth Rate in 2018 is 2.3%. • Unemployment rate is 4.0% in 2018. • The economy has been recovering slowly yet unevenly since the depths of the recession in 2009. • Economic growth in the United States is constantly being driven forward by ongoing innovation, research and development as well as capital investment. Culture in U.S.A.
• Low power distance
• More individualistic • Behave more ehically under conflict situation • Less familistic • More equal relationships. • Directness. • Privacy. • Independence. Cultural Issues
• GENDER AND DEMOGRAHICS:
• The vast majority of people in the USA are Christian – around 70-78%. • The family unit is generally considered the nuclear family, and is typically small. • Women as a whole however do not receive the same social and economic status or benefits as men. • WORK ETIQUETTES: • Within work situations use professional titles when addressing others, i.e. “Nice to meet you Professor Lacey.” • Do not use professional titles when introducing yourself. • Good eye contct during nusiness show intererst. • ‘Casual Friday’ is common in many companies. High technology companies often wear casual clothes every day. • BODY LANGUAGE ETIQUETTES: • Americans can come across as self-interested, aggressive and rude to some outsiders. • Americans are much more open in conversation about private affairs than many other cultures and do not shy away from asking direct questions. • 2-3 feet of personal space during conversations is the norm. • In public, such as in parks or on the bus, people try to give one another space. • People are proud of their individual accomplishments, initiative and success, and may, or may not, share those sources of pride with their elders. • OTHER BASIC ETIQUETTES: • Americans socialise and do business over breakfast, lunch and dinner. • Men should wear shirts with suits and shoes. Ties are generally worn but not in all States. Colours should be traditional such as black, blue, grey, etc. • Women should wear modestly with not too much make-up or jewellery.
• Arrive on time for meetings since time and punctuality are
so important to Americans. • Meetings may appear relaxed, but they are taken quite seriously. Conclusion
• Organizations must understand cultural
differrences. • They must be culturally literate in order to avoid misunderstanding. • The U.S. market is diverse in consumer tastes so one must investigate and learn how someone does business in that country. • Also one must focus specially onwhat not to do, if something in your culture is of good taste might be an offense in other culture. Thankyou