Know The Basics Of International Business Gift Giving
Businessmen would agree that in the business world, giving gifts once in a while can never be avoided. Be it Christmas or an important client’s birthday, gift-giving is one of the most effective ways of establishing stronger ties to those who matter to you and your business. This may not be totally true but even as this, it is the most common perception. You might not believe this but there are times when giving gifts can be the worst thing that you can do. This is especially true when you are invovled in an international business. This is because each race or nationality has its own belief about business gift giving.
It’s interesting that while some countries may be very open to gift-giving, others can actually take the act to be completely unacceptable. For example, in the Czech Republic, Columbia, Indonesia and some others, giving gifts is a warm gesture between corporate people. This can be misunderstood as bribing when youre on other countries like Australia, Denmark or Uruguay.
It’s interesting that while some countries may be very open to gift-giving, others can actually take the act to be completely unacceptable. For example, in the Czech Republic, Columbia, Indonesia and some others, giving gifts is a warm gesture between corporate people. However, there are other countries like Australia and many others that find this act offensive because they think that this is like a bribe.
Therefore, it is important that you try to find out about different countries and their beliefs when it comes to this kinds of things especially when you are involved in international business. Generally, we feel that when we give a gift to a client or a colleague during his birthday, it can strengthen our business relationship. The effect can be otherwise. It can still make negative vibes that may be considered to affect the business relationship. It is significant to always know the background of the people you consider giving presents for this reason.
The issues around gift giving may not even be purely cultural but religious as well. It will be a good idea to research on peoples cultures you are planning to give presents even when working for a company. For example, you might think of giving your boss a little token on his birthday. Perhaps you cannot give him anything made of cowhide as in India, cows are considered sacred if this person is Indian.
There will be rituals or rules that have to be pursued as giving gifts is not really discouraged in some cases. The Chinese, for instance, consider red a lucky color. The monetary value of a gift may also affect its meaning in almost all cases. Whatever thing that is costly can make the receiver feel uncomfortable or even embarrassed. In other cases, a gift should fit the level of relationship that the giver has with the receiver.
There are more differences among nationalities in terms of their gift-giving customs and it is important to consider these before you give anything, no matter how well-meant.