Thursday, May 19, 2011

mexico

In Mexico, most of the relationships of business come from personal relationships between people and not companies. Many businesses are family controlled instead of owned by a big group of businessmen. Usually the first impression cannot be changed so if you give your businessman a bad impression most likely he will not like you. It is important to arrive to meeting on time. All written material in Mexico business meeting has to be in Spanish and English. During work, everyone dresses like what Europeans dress, which is men wear conservative, dark colored suits, and women wear business suits or conservative dresses. Mexico imports and exports many goods between countries especially the United States of America. They export Crude oil, car parts and accessories, video equipment, other parts of car, electrical apparatus and parts, telecommunications equipment, engines, computers, and other household good. Imports to United States tobacco, electrical apparatus, vehicle parts, plastics, computer accessories, petroleum products, finished metal shapes, telecommunication equipment, industrial supplies and machines. Mexico is the second largest country to trade with United States with oil. The oil is one – third of Mexico’s revenue. Mexico has a different currency then the United States in Mexico they use the Peso.

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