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Exercise 3. Using the information from Business Plan fulfill the following tasks
1. Create a company and imagine the sphere of your business. Make a business plan summary pointing out the principles of your activity and urgency of your business.
2. Make a Power Point presentation of your business plan.
International Business Etiquette AND ETHICS
Discuss the following questions.
1. Why do we need business etiquette?
2. What rules of business behavior do you know?
3. Do you know any communicational taboos?
4. Have you ever been in the situation when you didn’t know how to behave? How did you cope?
Terms and Vocabulary
Exercise 1. Read the text and fulfill the exercises
Business etiquette is inessenceabout building relationships with people. In the business world, it is people that influence your success or failure. Etiquette, and in particular business etiquette, is simply a meansof maximising your business potential.
If you feel comfortable around someone and vice versa, better communication and mutual trust will develop. This comfort zone is realized through presenting yourself effectively. Business etiquette helps you achieve this.
Business etiquette revolves around two things. Firstly, thoughtful consideration of the interests and feelings of others and secondly, minimising misunderstandings. Both are dependent upon self conduct. Business etiquette polishes this conduct.
Business etiquette varies from region to region and country to country. For the international business person, focusing too deeply on international business etiquette would leave no time for business. However, there are some key pillars upon which good business etiquette is built. Here are the principles of business etiquette:
Your manners and attitude will speak volumesabout you. They will point to your inner character. If you come across selfish, undisciplined or uncouthyour relationship is unlikely to prosper. Appropriate business etiquette promotes positive traits.
A reputation for delivering what you say will deliver goes a long way in the business world. Remember, a reputation for integrity is slowly gained but quickly lost. Understanding a particular country's business etiquette provides a framework in which you can work without fear of crossing boundaries in terms of agreements, promises and contracts.
Your character refers to what you as an individual bring to the business table. Proper business etiquette allows you to exhibit your positive qualities. For example, knowing when to be passionate and not emotional or self-confident without being arrogant. Just through learning another's business etiquette you demonstrate an open-mindedness which will earn respect.
Sensitivity and consideration underlie all good business etiquette. Being prepared for foreign ways and methods and responding thoughtfully is achieved through experience and business etiquette know-how. By avoiding misunderstandings and misinterpretations through business etiquette you lay foundations for a strong business relationship.
Avoiding thoughtless words and actions protects you from negative consequences. Impulse often leads a business person astray. Business etiquette encourages the careful thought of the interests of others and choosing acceptable forms of expression.
Dressing appropriately, standing and sitting in the right place at the right time, good posture and looking physically presentable are all elements in making a good impression. Business etiquette teaches you how to suitably present yourself and what to avoid.
Frederick W.C., Davis К., Post J. E. “Business Ethics”
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