The language bazaar
Article Abstract:
The eclipse of Soviet hegemony in Eastern Europe will lead to a diminution of the importance of Russian as a second language in the countries that made up the Warsaw Pact and Comecon. While the role of English as a second language of commerce will increase, the German language is expected to also increase in importance as a second language in Eastern Europe as a result of the historic and commercial ties between Germany and the countries of Eastern Europe. Business people travelling in Eastern Europe will enhance their chances of success if, lacking fluency in native tongues, they are conversant in German as well as English. Before travelling to an Eastern European country, businesspeople should study the historic and linguistic roots of the countries to ascertain which foreign language would best serve as a second language in which to facilitate commercial relations.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1990
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Avoiding post-M&A blues
Article Abstract:
Firms which have been merged or acquired often subsequently undergo a period of disappointing performance and low employee morale, but this can be avoided through good management and pre-deal planning. Prior to the integration of the acquired firm, the acquiror should confirm the changes can be sufficiently handled by the organisational culture; communicate the identified goals to all within the company; and conduct an internal audit of the organisational structure. Resources should then be realistally assigned, consultations encouraged, and benchmarks set to measure performance.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1997
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A cooler way of doing business
Article Abstract:
It is vital that companies considering acquisition or joint venture deals in the Nordic region familiarize themselves with the region's business culture. It is dangerous to generalize, but there are methods of operating which are common to the region. These can be seen from the negotiation stage of a joint venture or merger or acquisition deal. In particular, Nordic people avoid overt displays of emotion, and will view a strong discussion or an argument negatively. Most Nordic people dislike the use of pretence or deception when negotiating business deals.
Publication Name: Acquisitions Monthly
Subject: Business, international
ISSN: 0952-3618
Year: 1999
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