Please take into account cheap rental, courier/mail services, duties, workforce expenses.

I am writing a paper about tolerance and economic independence. I think there is a word describing a country that is dependent on a single import or export but I cannot remember it.

Tiger reserves in country going Panna way, rues Ramesh
Union Minister of State for Environment and Forest Jairam Ramesh Friday said most of the tiger reserves in the country are in a bad shape and are going Panna and Sariska reserves way, which have no tigers left.

Read more on Calcutta News

Nepal Government Opens Re-Export To Third Country
KATHMANDU, March 13 (Bernama) — Traders can now re- export goods brought in Nepal for the purpose of domestic consumption to any country except India, China’s Xinhua news agency cited local media as saying on Saturday.

Read more on Bernama

Country Inns & Suites By Carlson(SM) Achieves the 500 Hotel Milestone
Carlson Hotels today announced at its Global Business Conference that Country Inns & Suites By Carlson, which offers caring, comfortable hospitality with a touch of home, has achieved the 500 hotel mark with its soon to open property in College Station, Texas. Â Building on this milestone, Carlson’s mid-market brand plans to add another 250 hotels globally by 2015 as part of Carlson’s Ambition …

Read more on PR Newswire via Yahoo! Finance

Survey: Huntington-Ashland Area has Worst Well-Being in Country
Out of 162 areas surveyed around the country, the Tri-State came in last.

Read more on WSAZ NewsChannel 3 West Virginia

WINDMILL COUNTRY: Take back control of our destiny
SAN ANGELO, Texas —A 100 percent cotton shirt with an original price of $90 was marked down half-price to $45 in a Waco department store when agricultural journalist Mike Barnett went bargain-shopping after the holidays.“It was a business casual shirt — the kind you wear with khakis. Long sleeve; size, large; button-down collar. Blue with white stripes and made in India,” he said. “I usually buy …

Read more on The San Angelo Standard-Times

It is important to understand the business customs and culture of the country you are planning to do business with. This is something a lot of business owners tend to overlook. A lot of time is spent on market research and establishing contacts in the country. Whilst all these are important these alone are not enough. Understanding business customs will teach you about the business beliefs, business practices and motives and expectations of the country you are doing business with. With this knowledge you can shape your approach the right way and reap maximum benefits.

If you are not aware of the culture and the customs of the country you are dealing with then you might accidentally offend the people you are dealing with. You might not even be aware that you are doing this. You might think that you are doing business as normal but some of the practices you are accustomed to might not be okay with people in other countries. And we know that we all do business with people we like. So by offending people however good your deal or offer is you might lose out.

Body language also plays an important role. People in different countries interpret body language signs differently. So it is important that we don’t convey the wrong message or interpret the wrong message and in the process offend someone accidentally.

The ways the topics are discussed in a meeting are also different. In some countries the participants come straight to the point. In other countries it could be different.

If the language spoken in the country you are dealing with is different to the language you know then understanding their business etiquette becomes even more important. It might not be possible to learn the entire language but you can try to learn a few words (just to impress the other party). You should also consider hiring an interpreter or take someone you trust along with you to the meetings and other negotiations.

Documentation plays an important role in all business transactions. Something that might be assumed normal and does not require to be mentioned in writing in some countries might not hold true for other countries. In some countries you might need to get everything in writing. And the way you say it in writing is also important.

Some of the business transactions might not involve you to set up a base in the foreign country. You might actually do most of your negotiations and deals over the phone. Just because it’s over the phone don’t think you don’t need to understand the business culture of the country you are dealing with. Understanding the business practices and business customs and business beliefs of the country you are dealing with is a small investment of your time when compared to the benefits you will reap and the frustrations you will avoid.

You can now outsource a lot of your project management and business processes to countries like India and China. The employees of the businesses which handle your projects and business processes actually spend a lot of hours of training in the western business culture. The management realizes that this training is small investment towards maintaining good relations with their western counterparts. Similarly if you were going to do business in India or for that matter with any other country you should also spend some time understanding their business customs. This knowledge is the core foundation of all your business dealings with that country.

tinyurl.com The Country Music Association Awards airdate: November 11 2009 The Country Music Association Awards, also known as the CMA Awards, or the CMAs, and not to be confused with the ACM Awards, are voted on by business members of the Country Music Association. The first CMA awards were presented at an untelevised ceremony in Nashville’s Municipal Auditorium in 1967. (The Entertainer of the Year award that night went to Eddy Arnold.) The second annual CMA awards were presented in …

I fail. A lot.