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My country of choice, due to several reasons, is Singapore.  First, Singapore is one of the Asian countries that is very diverse, if not, the most diverse.  It can be considered as the amalgam of both the East and the West.  Singaporean population may constitute 77% Chinese…
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Download file to see previous pages In this section of paper, it is planned to carry on research and form an understanding on how Singaporean culture relates to and how they do business. How Singapore do business with another country which does not agree with their beliefs? This research paper will try to analyze the Singapore Culture through the lens of Hofstede’s dimensions and evaluates the same with the American culture and to find out the main areas of issues for the business between Singapore and USA thereby offering recommendation to fish out these differences to further enhance mutual business between these nations. (www.geert-hofstede.com/singapore.html, 2014).
Singapore culture can be regarded as ‘pro-west’ in many manners and it more or less reflects the Anglo-culture. The traditional Singaporean culture encourages the work culture that is comprised of collective decision and group harmony and Western business people who visits to Singapore would often face a vast variance and clearly visualize how collectivism still exists in a modern society (Wong, 2013, p.132).
In this section of research paper, more emphasis will be given to what is Singapore’s impact on the business world internationally not just local or regionally? IFC and the World Bank rate Singapore as leading and number one nation as regards to ease of doing business and places Singapore is in the second place in the international level for strength of investor’s protection. The port of Singapore remains as the globe’s busiest sea port and remains as the second top center for containerized transshipment traffic. Singapore remains as the globe’s 4th largest center for foreign exchange activities. In international commerce, Singapore’s high levels of regulatory efficiency and trade freedom prolong to buttress Singapore competitiveness and assure buoyant economic growth. In view of the above, this research essay has come to a conclusion that Singapore has a bigger role in international ...Download file to see next pagesRead More
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