Kazakhstan was ranked 59th in 2010 according to the World Bank’s ratings. Since then, several government actions took place to improve the business climate in Kazakhstan such as improving credit facilities, developing of banking systems, reducing the minimum capital requirements for business startups. This means that more and more countries are interested in doing business in Kazakhstan.
Every country has its own unique culture and history, which influences on the way of doing business. Business in Kazakhstan is done in both Kazakh and Russian languages. It is important to be able to communicate in both languages.
In Kazakh culture the decision making is mainly hierarchical. Older people have more respect and power than younger. The culture requires an appropriate behavior and those with lower hierarchical place should address others in a polite manner.
There are several things to consider when going to a meeting.
Business people tend to dress formally. Men wear business suit with a tie, women in the same conservative manner – pants suit or a skirt suit. Appropriate dressing make...
The new agreement applies to the Kazakh on profits and income provided by the laws “On Taxation of Enterprises, Associations and Organizations” and “On the Income Tax on Citizens of the Kazakh SSR, Foreign Citizens and Stateless Persons.” Treaty article 23, Relief From Double Taxation, states that these Kazakh taxes will be considered income taxes. The proposed protocol, in amending article 23, also addresses the concerns of U.S. taxpayers worried about Kazakh taxes being creditable taxes for foreign tax credit purposes, by stating that certain deductions are allowed. Kazakhstan confirms that in computing the taxes on profits and income under its current law, certain entities are permitted deductions for “actual wages paid and for interest expense, whether or not paid to a bank and without regard to the terms of the debt.” To qualify for the deduction, an entity must be resident in Kazakhstan, a joint venture that is U.S. - resident or wholly owned by U.S. residents, or a permanent establishment.
Acting like a Gentleman isn’t enough to be chivalrous; you must look like one too. Maintain a classy and elegant appearance. Suits give off the paramount impression and portray the person as exceedingly decent and professional. Wearing a remarkable watch and other accessories illustrates you as realistic and trendy. Wear a suit that accurately fits you, as this depicts you sense of style and how much you care about yourself. Make sure that approximately half an inch of the shirt’s cuff should be visible. The trousers shouldn’t be too long or too short, too tight or too loose, they should be of ideal
Upper class gentlemen dressed in the finest suits with business shoes and some wore hats and carried canes. Middle class businessmen wore similar but less expensive suits, a sturdy pair of oxfords shoes and a clean felt hat finished off the look. Working class men dressed in laborers clothes that consisted of sturdy, denim overalls, a plain wool work shirt and tough leather boots. Outside of work, men generally wore casual sporting clothes. When attending a formal event, men would wear a tuxedo, leather shoes and a top hat.
Heald College dress code can offer their students a professional outlook. The professional dress policy can help students to be prepared for a work atmosphere setting. It can help them be comfortab...
Russia, spanning 11 time zones and serving as home to about 150 million people, possesses tremendous natural and human resources. Demand today for imported consumer goods, capital equipment, and services remains remarkably strong, with imports representing an unusually large percentage of the national market. Despite outstanding long-term market potential, Russia continues to be an extremely difficult country in which to do business.
Small firms tend to be less formal and may have a more relaxed, casual, dress code. A less formal dress code would save the paralegal money in the long run because there would be no need to keep up with expensive formal clothing.
The Kazakhstan nation provides an interesting social setting compared to the United States. This is because Kazakhstan offers a social role-reversed setting, where the majority is discriminated against. Currently, in the United States, White-American dominance is threatened, specifically by the growth of the Hispanic population. In Kazakhstan, the ethnic Kazakh majority has been suppressed due to the domination of the Russian language. Research on linguistic studies has shown, “language conflict is a result of ideologies that determine the goals of society” (Smagulova, 2006, p308). As Russian became the dominate language in schools, knowledge of the language became key to social mobility. Although there have been several attempts in Kazakhstan to restore the national language, all proposals have been seen as discriminatory. Despite the language conflict in Kazakhstan and Kazakh expressed concerns for more privileges. Ethnic stratification remains weak. Survey results have shown that income, occupational and educational levels between Kazakhs and Russians remain marginal (Smagulova, 2006). Even though disparity in Kazakhstan does not incorporate ethnic identities, the dominate use of the Russian dialect has constructed a stratification system that has left Kazakh’s marginalized.
The Dress Code promotes how we act. If you dress professionally, then that’s how people will take you as. A professional. And from what they expect is how you
Russia's political institutions remain comparatively weak and political power is highly centralized, particularly at the presidential level, which maintains a dominant presence. Continued government interventions, regulations and an inefficient and corrupt legal system weigh on the cost and pace of doing business in Russia. These factors seriously hinder investment, both foreign and domestic. The corruption is very high and considered one of the most important political factors in Russia, as more than half of the population feels that corruption has increased and that the efforts of the government to reduce its levels are inefficient. (See App.11) The Corruption Perceptions Index placed the country in the lower section of the list (133 of 176 countries) showing the high corruption and bureaucracy in the country. Corruption and deficiencies in the rule of law limit Russia’s FDI potential. The Human development Index of
Many businesses have begun using a casual dress policy on certain days. Implementing dress-down days may be an effective way to boost employee morale. The question that seems to pop up too often is whether dress-down days are a benefit or burden to the company. Many companies have adopted Friday as a casual or dress-down day, while others have made casual business attire a full-time policy. Some employees view wearing casual business clothing as an employee benefit. To others, it is a disaster. Both men and women are often confused about what "casual" means and about how to dress casually and still look professional. Some people in management positions feel employees goof off on casual dress day. This report will look at all these issues as well as a conclusion about the effectiveness of casual dress days.
Imagine having a business that allows employees to dress and act in whatever manner he or she pleases. We lose the value of our jobs and the professionalism that it provides to help keep things running smoothly. Another harmful result is that individuals will stop self-reflecting. This means that no one will actually stop to ask if how they are dressed is appropriate, or even if how they are postured is professional. This is all because they never have to ask those questions. While employees lose self-reflection skills, the employers do as well. The employer will never have to stop and say, is this person fit for the job, or did I choose the right person. Flammang brings up another point that, not only is human to human communication becoming less relevant, but face-to-face family dinner conversation as well. She mentions that “the household provides such a safe place. Children can learn about thoughtfulness and generosity… and see how conflicts can be managed without blows. At the table, they can learn about their identity and what is expected of informed citizens.” (Flammang 128) Dinner table discussions are no longer being used as a way to learn about current events and even learn about life skills. Dinners are simply
Our economic development will forever be defined as our ability to succeed internationally. PwC forecasts India’s real annual GDP growth until 2050 at 8.9 percent, Vietnam’s at 8.8 percent, and China’s at 5.9 percent. The list of fast-growing emerging markets goes on and on. The U.S. forecast is a meager 2.4 percent, comparable with most Western economies. The domestic companies that are likely to see incremental growth in the coming decades are those that are not only doing business internationally, but that are developing the strategic skill set to master doing business across cultures. Cross-cultural core competence is at the crux of today’s sustainable competitive advantage. For example, political environment will tell us, as to how and why political leaders control, whether and how of international business. Legal environment, both national and international will tell us about many kinds of laws by which business firms must work. The cultural environment will tell us about attitudes, beliefs and opinions important to business people. Economic environment will tell us about the economic system being followed by the host country, which may or may not be different from home country. It will also explain the variables such as level of development, human resources, Gross Domestic Per Capita and consumption patterns that determine a firm’s ability to do business. Geography will tell us about location, quantity, and quality of the world’s resources.
THE POLITICAL ENVIRONMENT: The critical concern Political environment has a very important impact on every business operation no matter what its size, its area of operation. Whether the company is domestic, national, international, large or small political factors of the country it is located in will have an impact on it. And the most crucial & unavoidable realities of international business are that both host and home governments are integral partners. Reflected in its policies and attitudes toward business are a governments idea of how best to promote the national interest, considering its own resources and political philosophy. A government control's and restricts a company's activities by encouraging and offering support or by discouraging and banning or restricting its activities depending on the government. Here steps in international law. International law recognizes the right of nations to grant or withhold permission to do business within its political boundaries and control its citizens when it comes to conducting business. Thus, political environment of countries is a critical concern for the international marketer and he should examine the salient features of political features of global markets they plan to enter. THE SOVEREIGNITY OF NATIONS From the international laws point of view a sovereign state is independent and free from external control; enjoys full legal equality; governs its own territory; selects its own political, social, economic systems; and has the power to enter into agreements with other nations. It is extension of national laws beyond a country's borders that much of the conflict in international business arises. Nations can and do abridge s...
They have a “dress for your day” dress code which means you can wear jeans, wear a full suit, or whatever you feel that is appropriate for your day. So if you have an important meeting, it might be beneficial to dress nicer for this, but if you are doing work from your desk or handling more internal issues you can dress more casually. What I love so much about this office is, even though a vast majority of the employees are wearing jeans, they are still professional at all times. Professionalism is something that is very important to me. I believe you are who you surround yourself with and to know that a firm can handle high profile clients and also be comfortable is something that appeals to
The first external environment of a business factor is economic that plays a significant role in business. The Republic of Kazakhstan is rich in mineral resources, vast agricu...