Mercadeo

How to do business in another country
In today’s economy not only the United States has been affected from a bad economy, but also most countries in the world been suffering from business fallingand companies going out of business. A business can be defined as an organization that provides goods and services to others who want or need them. According to the news, the worldwide economy is aprocess of “getting better” although most people don’t see it that way. Imagine you are a business man and desire to go to Dominican Republic for business purpose, will you go over this country and expectsuccess or failure. Therefore, in this research paper we will see how Dominicans behave when it comes to deal with business.
The Dominican Republic has a fairly informal business culture, in whichnetworking and personal contacts are very important. In like most other countries in other to make business with someone you must have trust; The Dominican society is very status-conscious, and it isimportant to be respectful and deferential to senior business people. In most cases the male dominated and there are relatively few women in business. Women are not that common in business althoughthey very common at nursing. In the Dominican Republic there are many areas like the industry, manufacturing, agricultural and tourism that are the base that holds the Dominican economy; from these themost active is the tourism since is the one the leaves more profit to the country.
The Dominican business structure is controlled by a group of family companies similar to one another and interestedin several sectors. The most important companies are: Armenteros that deals with machine, textile, fertilizing; Brugal which deals with rum and alcoholic drinks, Corripio that is involved withdistribution, media and supply among others. When Dominican have to deal with import ants negotiations, it will be necessary to have a local contact with access to the families and closed friend, their main...