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The Filipino Culture And Business Practices

Satisfactory Essays

Abstract As a consultant, this is my report on how to conduct an effective and enjoyable business in the Philippines. The reader will be able to explore the country’s complex history. Knowing the Philippines’ history will set the stage in understanding the Filipino culture, which heavily transpires through the country’s business culture. Also, collectivistic values such as putting family first, respecting authority and elders, and cherishing group harmony will be discussed. These cultural values dominate the Filipino culture and business practices. Hospitality in the Philippines is second to none. They are extremely social, welcoming, and humorous, which makes conducting business at first an unfamiliar, but eventually an enjoyable experience. As I discuss the Filipino culture throughout the paper, I will discuss appropriate business etiquettes to apply when negotiating with Filipino businessmen and businesswomen. This report will familiarize the reader on Filipino cultural and business practices and prepare firms to execute successful negotiations with Filipino organizations Conducting Business in the Philippines: Into a Complex, Collectivistic, and Welcoming Culture Reconnaissance is the military’s method of acquiring information on its enemy and the area its enemy is located. This report serves as a reconnaissance for firms that are preparing or contemplating about conducting business in the Philippines. The difference is that the Filipinos are not

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