Culture eGuide | Mexico
Mexico’s promising economic future
Mexico is a large (2 million sq km), populous (112 million) country bordered by the United States, Guatemala and Belize. It is considered the fifth largest country in the Americas by total area and the thirteenth largest independent nation in the world. It is the eleventh most populous country and the most populous Spanish-speaking country. According to the IMF, Mexico has the 13th largest economy in the world valued at $1,657 trillion US. Led by a booming auto sector, (it recently surpassed Canada and the U.S. as North America’s largest automotive manufacturer), strong tourism and energy sectors (sixth-largest oil producer in the world, with 3.7 million barrels per day), Mexico is poised for exponential economic growth. According to Goldman Sachs, it is expected to become the world’s 5th largest economy by 2050!
Mexican culture represents a diverse mix of indigenous cultures, Spanish cultural influences and external cultural elements from the United States. As such, it is important that foreign businesspeople respect the hierarchical nature of Mexican society, where authority and rank play an important role in decision-making. Circumventing the official chain of command is usually disrespectful in Mexican business culture and should be avoided at all costs. In our free guide, you will be able to learn about the proper business etiquette of doing business in Mexico.
Our Social and Business Culture Guide Mexico will help you get up to speed as quickly as possible.
Take advantage of this no obligation offer and learn about the soft skills that will increase your chances of success.
Some of the key cultural points covered include:[icon name=icon-check-sign] Respecting the hierarchical relationships [icon name=icon-check-sign] Societal cultural influences on business culture [icon name=icon-check-sign] The importance of having a Spanish interpreter for business meetings and negotiations.
This business guide will discuss other important economic data and information covering:[icon name=icon-check-sign] Emerging industries and sectors [icon name=icon-check-sign] Business success stories [icon name=icon-check-sign] Foreign investment opportunities
Learn in our Social and Business Culture Guide Mexico how to position your company for international success in one of the largest and economically diverse countries in the world.