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Published byJewel Peters Modified over 8 years ago
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Introduction With a population of 127 million, the Japanese market is characterized by consumers with high levels of disposable income. In fact, with regulatory procedures taking just two days, Australia has been ranked as the third fastest place in the world to start a business (Source: The World Bank Doing Business 2009).
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The Japanese are extremely polite and place importance on respect and social rank. English is not widely spoken in business and government. Business cards are handled in both hands and laid carefully on the table.
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Punctuality is a must in Japan. It is usual to arrive at a meeting at least five minutes before the appointed time. Night time drinking and dinners are often the time when more useful information is fed back to you. Seating arrangements are used in formal business meetings.
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Gifts are not necessary and it is inappropriate to offer expensive gifts. Japanese people try hard to avoid open conflict.
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In business dealings, the Australian are so informal and to engage in small talk. Sporting events are generally the most popular topic brought up between men in a business environment.
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When doing business in Australia is to maintain good eye contact. Australia are like to conduct business in a straightforward manner.
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Decision-making will therefore be slow but in your best interest do not try to rush it. The best approach is to remain friendly, relaxed and modest and to avoid nervousness or self- importance.
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