Germany: In Germany, punctuality is highly valued in business culture and meetings are often scheduled to the minute. Decision-making can be slow due to a preference for thorough analysis and careful consideration of all options. Business attire is generally formal and business relationships tend to be more formal and hierarchical.
China: In China, guanxi, or personal relationships, plays a significant role in business. Business meetings often involve a lot of socializing and building relationships before discussing business. There is also a strong emphasis on hierarchy and respect for authority. Business attire is generally formal and gift-giving is common in business transactions.
Japan: In Japan, business culture emphasizes politeness, formality, and hierarchy. Meetings often start with small talk and a formal greeting before discussing business. Decisions are often made through consensus and group harmony is highly valued. Business attire is generally formal and bowing is a common way to show respect.
United States: In the United States, business culture tends to be more individualistic and results-oriented. Meetings are generally more efficient and focused on the task at hand. Business attire is generally more casual, although it can vary depending on the industry and company.
France: In France, business culture emphasizes politeness, formality, and the importance of personal relationships. Business meetings often involve a lot of small talk and a formal greeting before discussing business. Decision-making can be slow due to a preference for thorough analysis and careful consideration. Business attire is generally formal and gift-giving is not as common as in other cultures.
The biggest change in business in the Philippines in 2020 has been the shift to remote work due to the COVID-19 pandemic. Many companies have implemented remote work policies and have adapted to conducting meetings and business transactions online. (Source: "COVID-19 pushes Philippine businesses to shift to remote work," ABS-CBN News, April 8, 2020, ) https://news.abs-cbn.com/business/04/08/20/covid-19-pushes-philippine-businesses-to-shift-to-remote-work
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