Brazil Is A Favorite Commodity Of The World

For men, a three-piece suit notes an executive while a two-piece suit notes an office worker. Appropriate clothing for women is conservative, suit or elegant, feminine dress.8 Schedule business appointment at least two weeks before, always plan, and never just show up. In the larger cities, such as Rio de Janeiro and San Paulo, meetings occur on time and in a informal manner.8 Titles are important, yet they often use first names in conversation. The key to successful business relations is the relationship. In Brazilian culture they will not do business until a relationship is established. Dedicating individuals to the client allows for a strong relationship to grow. (All facts and figures in the above paragraph are from the eDiplomat website unless cited

Brazil has a culture of collectivism versus individualism because they believe in having strong cohesive family relationships. Brazilians believe in groups the include extended family and friends. Brazil’s government has a democratic set up has me to believe that they believe in hierarchy. Brazil’s assertiveness is in the mid to halfway range that states that Brazilians will confront you directly on things that you need to know. Performance orientation is important to the Brazilian culture because they believe that you should be rewarded for outstanding work performance. Brazil believes highly in the future orientation having relaxed attitudes concerning future goals. Humane orientation rewards individuals when they do good deed helping one

In order to greet others Japanese bow to each other with a smile instead of shaking hands during the meetings. Male and female both use this way of greetings only. Direct eye contact is not favored rather they look below the chin while talking to someone especially towards the people seen as a “social superior”. Direct eye contact is considered as a rude gesture and disrespect of the listener.

It is these values that effect the business etiquette and behavior within the work environment. American culture operates on “time is money” so time should be effectively used and decisions and action should be done in a timely manner. Meet and Greets are important for first impressions with firm handshakes that convey confidence, respecting space of the other person is crucial, and eye contact while speaking all play an important role in business relations. A smile, is perceived as friendly, social able, positive and approachable and is the expectation in a business setting as good manner. Americans believe in communicating in a friendly yet firm tone and gets right to the point, clear concise and politely. In all business setting the American culture expects professional dress style, it is best to be a bit over dressed than to be underdressed in the

Term 11. Hofstede’s Cultural Dimension- a theory that describes the effects of a society’s culture on the value of its members and the associated behaviors (Cornacchione, & Daugherty, 2013).

The most famous researcher of prevailing cultures in different countries goes by the name of Geert Hofstede. “He conducted one of the most comprehensive studies of how values in the workplace are influenced by culture” (). With the help of his research team, Professor Geert Hofstede created a model of national culture consisting of six dimensions. “The cultural dimensions represent independent preferences for on state of affairs

In terms of cultural dimensions, basically, culture elements are everywhere in our life no matter where are you from. Also, the uniqueness and differentiation of culture in diversified countries are influencing and fulfilling our large communication community—world, people involved in this harmonious place communicate, share ideas, cooperated and integrated every cultural diversity so as to make it better.

The types of firms that are attracted to Brazil are companies in the automotive, chemical, and companies that require raw goods. As we can see in Exhibit 3, the majority of the exports in Brazil’s are raw materials. Vale, JBS, Matalurgica Gerdau are a few companies that export more than $100 Billion dollars in revenue of raw materials found in Brazil per year. The largest exporter in Brazil is Petrobras. Petrobras’s takes advantage of Brazil’s oil and gas natural resources.

Readings in the Course Documents state, Interpersonal communication is the primary way we build, refine and transform relationships (pg 32). It is important to make friendly eye contact while using hand and facial gestures. This gives the person confidence and trust within you. Caution has to be taken when dealing with different cultures. European customs may not have the same

Geert Hofstede developed the widely applied Hofstede’s cultural dimensions, which mainly focuses on how different countries with different cultural backgrounds handle different anthropological problems that occur in cross-cultural communication (Hofstede 1980). The first five Hofstede’s dimensions will be discussed in following paragraphs. It should be clear that there is no good and bad between two elements in each dimension since every culture has its unique features and ways to function.

Brazilian industries are more globalized now. However, the differences in culture are highly detrimental in the way people from two nations prefer to be managed and do business. It is important to note that Brazilians may feel disrespectful if you use their first name too early in the business relationship. Being upfront with people who are powerful and influential is considered disrespectful and this may also result in a loss in business ventures.

The Brazilian furniture trade exemplifies a shifting of trade relations towards emerging economies, and the key players are Lebanese and Portuguese traders. These traders import direct from Brazilian producers, and the commodities are mostly demanded by Angola’s growing middle class whose preferences are not by brand name or utility, but by design as furniture is seen as a status symbol of hedonistic consumption. Success is dependent on establishing relationships with local wholesalers, business contacts and political networking because trade policy and lobbying heavily impacts the market and business relations are tainted with political influences. Brazil aims to capitalize on historic relationships with Africa to further boost bilateral trade.

Case 9 Introduction In September 1994, Brazil was experiencing a new thrust in its economy. After several years

The research paper, a study on Brazilian Multinationals, and the cultural challenges they face in managing global projects, looks into the internationalization of Brazilian companies. This growth in the

As a leading emerging economy, Brazil is becoming a potential market for multinational corporations to conduct business. Brazil’s economy has improved drastically over the last decade. Brazil has been categorized with the four emerging economies collectively known as BRIC: Brazil, India, Russia, and China. The Country’s rapid development and capabilities makes it a very promising destination to extend business.