If you were preparing a business report to help organizations setup operations in Canada, what would you include or tell them? Can you compare and contrast the conventional model of organizational learning with strategies for learning used in Canada?
Please provide additional insights from an organizational learning perspective and include information on learning in networks and learning through strategic alliances.
Can you provide as much information as possible on Canadian business practices, customs, and traditions?
Please include references and in text citations.
In the following answer, there will be a discussion on what practices organizations should follow when trying to setup business in Canada. A comparison between the conventional models of organizational learning with strategies for learning used in Canada will also be made in the paper. In the following section, basic steps, which organizations should pay attention to when setting up business in Canada, are discussed.
All the countries of the world inhibit various characteristics and features. These changes in the profile of a nation also make an effect on its economy and business styles. A company that is planning to establish itself in a foreign country must pay due importance to its business patterns. When a company is willing to establish its business in Canada, due consideration is given to their business practices, customs, and traditions (Peterson, et al., 2008).
The basic requisites essential for setting up business includes finding an optimum location, meeting legal requirements, naming the business, financing the business, etc. While talking specifically in the context of Canada, it is essential to highlight that the country enjoys the benefit of being bilingual (English and French), which is an added advantage for foreign investors. In the context of business entities, Canadian law recognizes different business entities. When deciding to set up business in Canada any of the vehicles can be used. The business entities, which are recognized under the Canadian law, includes Sole Proprietorship (owned by a single person), Partnerships, Canadian Corporations, Unlimited Liability Company, Branches of Foreign Corporations, Joint Ventures, Franchises (Peterson, et al., 2008).
When making a foreign investment in Canada, there are strict regulations, which are made by the governmental authorities. Investors willing to invest in banking, insurance, telecommunication, transportation, etc. have limited opportunities. The investments made in Canada are regulated by their size. The country has different norms for investors who are from WTO nation and the ones who do not belong to the same (Setting up a business in Canada, 2001).
Canada follows a Paris convention in terms of intellectual property rights. Canada offers patents, trademarks, copyright, etc. for the protection of companies that are functioning in the country. Companies that are willing to setup business in the country must have clear knowledge about its tax structure. Canadians have to bear taxes on their worldwide income levels, and non-residents of the country are subjected to withhold tax. The tax of the ...
The organization setup in Canada are examined.