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International Business and Globalization

How far should the principle "When in Rome, do as the Romans do" extend in international business?

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The present business environment is rapidly becoming more globalized and communication done through technology such as phones, Internet e-mails, conferences, etc., have improved the business operations. One can stay at home while interact at an international level. However, there are instances that someone has to presently go to another country for business and the old saying, "When in Rome, do as the Romans do" will hold true. It is very essential and necessary that one adapts to the culture of the country where he is in as there is no specific standard or set of rules that applies to all countries when doing business. Culture is unique in each country and sensitivity and awareness of a business client's culture can put someone's best international foot forward. Otherwise, it can cost him relationships and future business since a single mistake can bear a very costly consequence.
The greatest compliment one can pay an international client is to be able to learn about their country, their customs, and differences in behavior and showing them that one ...

Solution Summary

The solution explains how the principle, "When in Rome, do as the Romans do." can extend in international business. References are included.

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