Formal Business Report in Panama
Your company is considering moving into the global arena. Your supervisor has asked you to investigate how business is conducted in Panana.
Following is a list of suggested topic ideas you can include in your FBR. All of these topics are not required, and you are not limited to the topics
suggested
• Business environment and customs
o Meetings
o Dining
o Corporate culture
o Greetings
o Gift giving
o Business attire
o Negotiating
o Business card exchange
• Currency/currency exchange
• Official language/business language
• Nonverbal communication styles
• Time difference between Central Standard Time and the selected country location
• Cultural aesthetics
o Personal communication
o Values and attitudes
o Manners and customs
o Social structure
o Religion
o Education
• Role in International trade
• Political system and political risk
• Legal system
