Asian Cultures, Languages, Negotiation Styles, And Business Practices

Trade between nations of the world is extremely important in many aspects such as keeping a strong relationship between countries and to hold a good strong trust. It is through trade that

East Asia can be defined either in geographical and cultural. Geographically, it covers about 12,000,000 km2, or about 28% of the Asian continent, about 15% bigger than the area of Europe. East Asia is one of the world 's most populated places, with more than 1.5 billion people, about 38% of the population of Asia and 22% or over one

The key to broadening our relations with the Asian region is through the expansion of cultural relations. Australia already has strong connections with the Asian region through economic and logistical handling of goods, particularly regarding the export of goods. Nonetheless through guidance and interpretation of the White Paper, if stronger relationships are maintained through cultural connections, not only do countries such as China, Japan and Indonesia appreciate Australia’s understanding of their unique and diverse cultures. It is believed it will break current relationship barriers and open-up enhanced negotiating environments to deal with international business, thus creating an open and prosperous economy.

In the west of the Continent, countries are more populous than Central Asia. Asia is the most populous Continent in the world. Countries increasing exponentially with the number of people. Asia is home to most diverse and most population in the world due to the difference in economic and social aspects. Although population is increasing people in Central Asia is unevenly distributed. There is a difference between the people in the dry areas as well as the mountains.

Emergence of the Asian markets as strong and influential participant in the world trade has transformed the market place.

Asia is considered as being the Earth’s largest continent which also has the most population. The population size in Asia is said to be approximately 4.3 billion people (Zhao, 2013), which is about 60 percent of the total population in the world. Over the years, around the 20th century, they were more commonly known for the fast growing rate of their population but as time passed they have been able to control the growth rate. With this control they have been able to fall to world average levels. Today they are more popularly known for their vigorous push towards economics, especially East Asia. Generally speaking, Asia differs in multiple ways both

     Cultures are varying among different parts of the globe. People with different cultures have different characteristics and viewpoints on the subjects due to diverse understanding and method of learning. During the past few decades, the international trade grows in a very rapid rate due to the advantages that it provides; “increased sales, operational efficiencies, exposure to new technologies and broader consumer choices” (Heslin). Therefore, when considering the culture aspect to current business world, it is crucial for business to understand the culture aspect because of the tremendous growth of international business as well as utilize the international market to its maximum

As a result, companies strive to teach Japanese business etiquette to their international negotiators. International negotiators encounter many cultural differences when they are conducting business in Japan. In addition to language

The impacts faced in Asia as a result of economic globalisation has resulted in a number of issues for the region. The impacts concern the vast economic growth of nation states, the improvements of technology, freer trade between countries and more jobs, but also the exploitation of labour and the income inequality that features frequently throughout the region of Asia. Along with these impacts on Asia, there are a number of benefits and disadvantages that have greatly affected the region.

Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area (or 30% of its land area) and with approximately 3.9 billion people, it hosts 60% of the world's current human population. During the 20th century Asia's population nearly quadrupled. Asia is generally defined as comprising the eastern four-fifths of Eurasia. It is located to the east of the Suez Canal and the Ural Mountains, and south of the Caucasus Mountains and the Caspian and Black Seas. It is bounded on the east by the Pacific Ocean, on the south by the Indian Ocean and on the north by the Arctic Ocean.  Asia differs very widely among and within its regions with

When dealing with intercultural business a person should be well aware of the characteristics of the culture he is to be in contact with. He should be well prepared to face attitudes not common in his home country.

Improving the value of exports is the primary goal of Thailand’s international trade policy. The Association of Southeast Asian Nations (ASEAN) Economic Community (AEC) was established as an effective cooperative strategy for gaining market advantages through regional market integration. Thailand aims to capitalize on trade agreements by networking and entering partnership with neighboring countries. Currently, Thailand’s cross-border trade in the Greater Mekong Subregion (GMS) plays a crucial role in globalization, because it facilitates rapid and convenient trade and investment. Countries seek new export markets to disperse the risk of domestic market concentration, as evidenced by the economic recessions affecting

The big issue that every company has to encounter when they first enter to the oversea markets is cultural differences which is one of the keys to international business success. Thus, firms, that want to do global business, need to be awareness and have a good understanding of different cultures and, then use that learning to be beneficial for their products and services. One key of doing business globally in different cultures is to be able to adapt to the new cultures or environments to provide the services and products more effectively to satisfy the consumers.

Mastercard Global Destinations Cities Index released a report this past September that Bangkok, Thailand is the world’s most visited city of 2016 (CNBC, September 2016). Bangkok is projected to have 21.47 million international visitors in 2016. What makes this Southeast Asian country such a popular destination among travelers? Could it be the ancient ruins of the country? Could it be the delicious and savory food we have all known to love? Or the friendliness of the people for which the country is nicknamed the “Land of Smiles.” No matter the reasons why people visit Thailand, the statistics speak for itself. The high volume of tourists brings a positive boost to Thailand’s economy. This allows ample amount of opportunities for businesses to bloom. With so many diverse international visitors, the market space available to cultures outside of Thailand remains an endless possibility for those envisioning to plant business ventures in Thailand. Opportunity, however, does not guarantee success. We have seen through various case studies where companies have either failed or succeeded in bringing their brand cross culturally. In order to successfully position oneself as an entrepreneur in Thailand, an understanding of the cross-cultural communication and negotiation of the Thai culture is vital. Cultural values, attitudes, and beliefs ingrained in the hearts of negotiators have a huge impact and influence in the way cross cultural communication and negotiation is

Everyday, the need for foreign trade is on the increase as the needs of man is unlimited (Adams Smith).This is visible in the rise for consumer goods and services throughout the world especially with the increase in world population of over 6 billion people. Man with his advancement in social interaction and technology is able to visualize and perceive in his mind what he desires. This was obvious with the industrial revolution where production demand increased.