Argentina and Business Essay

Submitted By Bolo19991999
Words: 1150
Pages: 5

This report will be analysing the probability of whether the Australian Company Family Friendly Holidays are able to extend their company internationally and benefit off this change. The country Family Friendly Holidays will be extending in is Argentina. Argentina is a major country, all people are welcome into Argentina. The country

General Introduction
General facts

Population: 42,905,884
Major Cities: Buenos Aires
Currency and foreign exchange rate: 1 peso = 0.14 Australian Dollar
Most Argentines are primarily of European descent, which separates them from other Latin American countries where European and Indian cultures are more mixed. Culturally and emotionally, Argentines often seem more European than Latin American.

The Argentine Constitution states that the federal government "sustains the apostolic Roman Catholic faith," and the government provides the Catholic Church with a variety of subsidies Although Argentina's official language is Spanish, Argentinian Spanish is different from the Spanish spoken in Spain. In some ways it sounds more like Italian than Spanish. There are also many other languages spoken in Argentina, including Italian, German, English and French. Indigenous languages that are spoken today include Tehuelche, Guarani and Quechua. Appointments are necessary and should be made 1 to 2 weeks in advance, preferably by e-mail or telephone. Avoid January and February, which are their vacation times; the middle weeks of July, which is when many go skiing; and during the two weeks before and after Christmas. You should arrive on time for meetings, although the person you are meeting may not be punctual. In some older, more bureaucratic organizations, the more important the person you are meeting, the longer they keep you waiting. Do not immediately begin discussing business. Small talk helps establish a rapport. The person you are meeting with may accept telephone calls and attend to other business while you are there. Have all printed material available in both English and Spanish. Decisions are not reached at meetings. Meetings are for discussion and to exchange ideas. Business cards are given without formal ritual. Have one side of your business card translated into Spanish. Present your business card so the Spanish side faces the recipient.

Argentina is a relationship-driven culture, so it is important to build networks and use them. Argentines maintain and use an intricate network of family and friends to call upon for help, favours or assistance. If a favour is done for you, you will eventually be called upon to re-pay it. Name-dropping and nepotism do not have the negative connotations as it has in the West and can be used to your advantage. Above all Argentines like to do business with people they know and trust. They prefer face-to-face meetings rather than by telephone or in writing, which are seen as impersonal. Once a relationship has developed, their loyalty will be to you rather than to the company you represent. Looking good in the eyes of others is important to Argentines. Therefore, they will judge you not only on what you say, but also on the way you present yourself. Avoid confrontation. Argentines do not like publicly admitting they are incorrect. It is imperative to show deference and respect to those in positions of authority. When dealing with people at the same level, communication can be more informal. Be alert for nuances and hidden meanings. It is a good idea to repeat details, as you understand them to confirm that you and your business colleagues are in agreement. The family is the centre of Argentine life with extended families still having prominence. The heads of powerful families command widespread respect, but with this comes a responsibility to care for others in terms of security, jobs, and to maintain personal and family honour. Honour is in all respects the be all and end all and it routinely affects day-to-day life at home,