Business Without Borders

Business without Borders

Doing Business in Mexico

Robert Baxter

Course – Organizational behaviour

Date – Thursday March 28, 2013

Table of Contents

* Doing Business in Mexico

* Languages

* Stereotypes

* Comparisons

* Canada – Mexico relations

* What you need to be aware of for doing business in Mexico

* Appearance

* Behaviour

* Relationships and Communication

* Conclusion

Abstract:

In this paper I will be discussing how to be prepared for when doing business in Mexico, this papers shows what Language you should need to know along with what other types of languages are spoken. I mentioned a small bit about the stereotypes of the Mexican culture. Also the cultural comparisons between Mexico and Canada and how different Mexico’s culture is to ours. The relationship between Mexico and Canada has grown so much over the years and it is continuing to excel. The most important part of this paper was to talk about what you should know for actually doing business in Mexico, such as behaviour, time, communications, and relationships.

Business without Borders

Doing business in Mexico

Before I go into the whole Business aspect, here are some facts about the country:

* Population(2012) - 115,296,767

* Currency - Peso

* Language – Spanish

* GDP - PPP(2012 Estimate)

* Total - $1.743 trillion

* Per capita – 15,177

* GDP- Nominal(2012)

* Total - $1.207 trillion

* Per capita - $10,514

Doing any business activity in one's country of origin is fairly straight forward with regard to business etiquette. Virtually anyone who is even marginally successful in the business field has some concept of what "proper" and professional business behavior entails. However, when one makes the jump to doing business in another country, what may be right and appropriate at home may be glaringly inappropriate abroad. Therefore, it is essential to understand the cultural nuances of the...