yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Adapting when doing business with different cultures!


less than 1m read
·Nov 3, 2024

Processing might take a few minutes. Refresh later.

The old days when 80 percent of the Jets were owned by U.S corporations and 19 of the worldwide jet ownership was in Europe, it was one percent all around the rest of the world. Most of the people in the U.S or in Europe are used to Western ways of doing business in a capitalistic environment.

But, as of late, in the last 20 to 30 years, there's been a lot of markets that have come that never were in the capitalist marketplace. So whether it's in the African continent, in Asia, or whether it's in the ex-Soviet block, these places never really dealt with the Western ways of doing business.

When all these places opened up in the emerging markets and the frontier markets started evolving, all the money was starting to be built there, and companies were being built. These kinds of people were sort of evolving also and learning how to do business in this capitalist world.

So it's very, very difficult because it's not that some of these people are trying to be difficult. The problem is they do business differently than Westerners. Over time, obviously, that has merged and overlapped a lot, but there's still a lot of the older people who still...

More Articles

View All
Meaningfully composing functions | Composite and inverse functions | Precalculus | Khan Academy
We’re told that Jalen modeled the following relationships about their bus ride. So there’s three functions here; we have their inputs and we have their outputs. So, function P: the input is the time the bus arrives, given as lowercase b, and the output i…
Pilgrims and Martian Explorers | StarTalk
A common analogy that people like to make is that if you are the first colony on Mars, that’s kind of like the pilgrims coming from Europe to the New World. You know, you’re not going back. So you’ve got your loved ones, your possessions, a competent ship…
Homeroom with Sal & David Sinclair, PhD - Tuesday, July 14
Hi everyone! Welcome to our homeroom livestream. Very excited about the conversation we’re about to have. But I will start with my standard announcements, reminding everyone that we at Khan Academy we’re a 501c3. We’re a not-for-profit; we can only exist …
The Riddle That Seems Impossible Even If You Know The Answer
There is a riddle that is so counterintuitive, it still seems wrong even if you know the answer. You’d think it’s an almost impossible number. I feel like you probably hit me with some truth bomb. I mean, if you’re trying to create controversy and you’…
Renovation Day 27: IT'S ALMOST DONE!!
What’s up you guys? It’s Graham here. So I actually had somebody filming for me, which is pretty much the first time in ever. It’s a little weird for me not to be like holding a camera. But anyway, public thank you so much for filming behind me. So I fig…
Proportionality constant from table
[Instructor] We’re told the quantities x and y are proportional, and then they give us a table where they give us a bunch of x’s and they give us the corresponding y’s. When x is four, y is 10. When x is five, y is 12.5, and so on and so forth. Find th…