Thai Culture and Business Practices

I. Executive Summary Siameseland is situated in the Southeastern Asia and is intumesce know as the land of smile. Siameseland is perceived to be an enkindle market place for foreign investment due to its geographic location and its g overnmentally supported incentives that facilitate Siameselands economic development. wherefore expanding business to Thailand lead create many opportunities to the company. On the opposite hand, a study problem that the company should be considered is the heathen differences. Thai finis is quite complicated and different from the U.S culture. The strike of this memorandumranda is to cause an insight on Thailand and to give advice for quite a little intending to work there. This memo leave alone address Thai culture, business practices, cultural pitfalls, and rough-and-ready strategies for doing business in Thailand. This memo reflects information gathered by means of interviews with a Thai businessperson and other related sources on t he Internet. Approximately, ninety-five percent of Thais atomic number 18 Buddhist. Therefore, the culture focuses on remark and politeness, avoiding offensive behaviors, macrocosm compassionate, and discouraging certain ambitions. Besides, Thailand is a hierarchical society, social relationships atomic number 18 defined as superiority over each other. This leads to the shelter of place and ?face? in Thai culture. Thais family name, title, seniority (in ordinate or age), education, connections, clothes, etc. are uttermost more snappy to them than to many foreigners.

As a result, Thai etiquette and business practices are based on the value of status ! and face, which involves the Buddhist religion. For example, display anger, or raising your voice in public is non appropriate, Thais show respect and obedience to their superiors, therefore, questions or disagreements rarely are raised in meetings or presentations. Moreover, Thais will be appreciated if you show interest in get to know and guess Thai culture and trying to identify and follow the ?rules? of square-toed behavior. The major... If you want to get a in force(p) essay, order it on our website: OrderCustomPaper.com

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