Question

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Differences in managing businesses between eastern and western countries

Answer 1

Differences in managing business between eastern and western countries:

In terms of communication: Communication plays an important role in managing business in all the countries.
Managing business in western countries is more open and direct. In these countries people are very clear when they converse with each orther. They state everything directly without using any nonverbal expressions.

But in eastern countries people mostly dependent on non-verbal expressions to discuss business related matters. Managing business in these countries sometimes baffles entrepreneurs.

Business Outlook: Business persons in eastern countries have a different business outlook than those of western countries and due to this their management style is different.

In eastern countries, people give importance to relationship before doing business with someone. They do not like to do business with strangers. But, once a relationship is established they want to continue it for a longer period of time and take the business to the pinnacle of success with continuous effort and support from each other.

But in western countries business persons believe on written documents more than the relationships. They do business when the process of written agreement is complete.

Importance of rules and regulations: Managing business in east differs from that of west on the grounds of importance of rules and regulations. Conducting and managing business in the western countries depends fully on rules and regulations. People in these countries strictly follow the rules and regulations while doing any business, whereas people managing business in eastern part think that each business situation is controlled on its own. People, in eastern countries judge the situation and decide what to do in that given situation. Rules and regulations are not important for them.

Cultural differences: Differences in business management in eastern and western countries are seen due to cultural differences. People conducting or managing business in western countries must know the culture of that country, otherwise there will be a negative impact on the business management. For example, in western countries business people give importance to punctuality, they expect everybody to reach on time when there is a meeting. But in eastern countries there are some relaxation for meeting time. If somebody comes late then it's manageable but he should inform other members about his delay.   

Although there are differences in business management in both parts of the country, the achievement of a consistent and strong corporate culture throughout the organization is common.