Global Business Cultural Analysis: Argentina

Abstract

In this study, we try to explore the concept of “Global Business Cultural Analysis” in a holistic context. The main focus of the research is on Argentina and its relation with global business cultural analysis. The research also analyzes many aspects of business, and tries to gauge its effect on United States. Finally, the research describes an analysis of doing business in Argentina from an American Perspective.

Table of Contents

Abstractii

Introduction1

Argentina's Traditions: An Overview2

Some Interesting Argentine Traditions4

Major Elements and Dimensions of Culture in Argentina5

Lifestyle5

Family5

Religion6

Values and Attitudes6

Transportation and Communications7

Customs and Courtesies7

Education8

Housing8

Recreation10

Comparison with United States Culture and Business11

Procedures and Implications for US businesses12

Elements and Dimensions Integrated by Locals Conducting Business in the Nation16

Business strategy in Argentina16

The system of Values ??16

Decision-making16

Sources of Reducing Anxiety17

Issues of Equality / Inequality17

Conclusion17

References19

Global Business Cultural Analysis: Argentina

Introduction

A huge country which is 8th largest in the world with 23 provinces, mystic cultures, simple traditions, and wonderful dance styles and it is situated in the southern most region of the South American continent; this country is also the 3rd largest in all the 10 Latin American countries. Latin American countries include American countries that have European influence and where the romance languages, such as Spanish and Portuguese are officially spoken more than English itself. Argentina's culture and traditions are highly influenced by the vast majority of European immigrants. The languages, the customs and the religious statistics, have all gone through changes in the past few years or decades. Today, out of 10, less than 1 person lives under the poverty line. Today, the country's culture capital is Buenos Aires (Brown, 2010).

Argentina has a long and rich history. Inhabited since 11,000 Before Common Era (BCE), relics from indigenous groups including the Diaguitas and Huarpes have been discovered in the area. In 1480, Incas invaded the Northern portion of the country, defeating the locals and banishing them to the Collasuyu region. Remaining sections of the country were left intact until the arrival of European explorers in 1516, which proceeded to build the first Spanish settlement along the banks of the Parana River in 1527. The first incarnation of Buenos Aires followed soon after in 1536. The city was rebuilt in 1580 after being destroyed by natives.

Buenos Aires eventually became a commercial hub, drawing the attention of foreign invaders. Civil war eventually caused the succession of Paraguay and Bolivia. In the late 1800s, foreign investments helped to strengthen a weakened local economy. Argentina soon ranked as one of the 10 richest countries in the world. Suddenly, events took a dramatic turn. Historians mark 1946 as the beginning of the end for Argentina's golden age.

Living conditions in the country worsened as a string of Presidents attempted to correct various financial and political problems. In 2003, under the reign of Governor Nestor Kirchner, the Argentinian government restructured its debt and began to restore the country to its previous luster. Nestor's wife, Senator Cristina Fernandez de Kirchner became the first female President of Argentina in 2007. Despite high inflation, Argentina has continued ...