Formal Business Report in Panama

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