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  • Essay / Doing Business in Mexico - 1666

    Summary To have the opportunity to do business in Mexico, one must understand where to start and how to deal with a social and cultural environment that is completely different from what one is used to. To successfully make a good first impression and complete any type of business transaction, it is important to understand what these differences are. When doing business in Mexico, there are specific things that must be understood and respected. Just understanding how important relationship building is, like shaking hands and exchanging pleasantries, can have a huge impact. What could potentially be the start of a bad or mediocre business trip now has the opportunity to be a success. A businessman must understand that the Mexican government plays an important role in starting a business in Mexico. The Mexican government influences and controls the Mexican business community because most business transactions require a license. Due to strong government influence, many business practices in Mexico are corrupt. Failing to understand or take the time to learn Mexican business etiquette as well as the rules and regulations can result in one finding oneself in a compromising position. This article aims to provide the necessary details such as customs, etiquette, manners and business culture in Mexico. in MexicoWelcome to Mexico! Welcome to Mexico, the first of many greetings expected upon entering Mexico. As Mexico's population rapidly approaches the 100 million mark, "North Americans, what Mexicans are looking for...... middle of paper ......ferencesCC Consulting Limited. (2003). Mexico - Business and Social Etiquette. Retrieved from the Internet on 07/15/06 at: http://www.crazycolour.com/os/mexico_02.shtml.Doering A., Barton B., Sprague K., Linderman K., Morgan L. and Thomas S (2004) Business practices. Retrieved from the Internet on July 15, 2006 at: http://oregonstate.edu/~thomasse/BA352/practices/Jarvis S (1993) Viva la Consumer: Pitfalls of Selling in Mexico; Business, Vol. 15Mexperience (2006) Practical Travel Tips for Mexico Retrieved from the Internet on 07/15/06 at: http://www.mexperience.com/business/resources/bc_practice.htmNicol J, Taylor S (2003) Mexico. - Extracted from the Internet on 07/15/06 at: http://www.cyborlink.com/besite/mexico.htmWorld Factbook (2006) Map of Mexico - Extracted from the Internet on 07/30/06 at: https: // www.cia.gov/cia/publications/factbook/print/mx.html