4.3.3 Cultural and social factors Flashcards
culture
dominant set of behaviours, values beliefs and thinking patterns we learn as we grow and develop in our social groups
culture affects businesses
- restrictions may mean cant sell
- make sure doesnt cause offence
cultural differences that may have an impact when doing business
- colour (implications)
- political ideologies/stance (gov)
- diet cusisine
- religion
- langauge barriers
- expected to be called by 1st name/gift giving
- social culture
- family set up/make up
- traditions/holidays
- time differences
- local knowledge
- cultural difference (humour)
- body language
high context communication needs (high context culture)
e.g China establish social trust first value personal relations and good will agreement by general trust negotiations slow and ritualistic
low context communication needs (low context culture)
e.g. Germany get down to business first agreement by specific, legalistic contract value expertise and performance negotiations efficient as possible
business in China
-complex place
-variations in areas/sectors/cities different throughout
-challenge finding out motivation behind wanting to do business
market research
complex culture
gov very involved (in divesting themselves = get rid of)
joint ventures
factors influencing business vs culture
- different tastes (taste subjective and dependent on individual= understanding = market products, promoting on ethnicity = self awareness
- unintended meanings ( message being portrayed by business taken to mean something else, gestures, connotations
- cultual differences
- language
- inappropriate/inaccurate translations
- inappropriate branding/promotion
importance of social cultural factors
- cultural diff tastes and trends refined for market e.g. food
- allows to appeal to target market and localise
- religion/dietary requirements
- rising incomes