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  #1  
Old 12-06-2000, 07:26 PM
r jacob
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Default Business relations in DR

Dear Freddy,
I am a MBA student in Trinidad and Tobago. I have chosen your country for a project study. I make a simple request. Can you provide me with any information on business relations in DR. How are introductions made, how is protocol conducted and any unusual customs unique to the DR that foreigners must be aware of in order to close good deals and maintain lasting relationships.

I would be more than happy to hear from you.
Many thanks.
  #2  
Old 12-07-2000, 08:00 PM
Freddy
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Default Re: Business relations in DR

You want me to do your work for you?

Why don't you ask me a few very specific questions and I'll give you some specific answers.

The way your question is asked, it would take a couple of pages to answer.

I'd love to help you but you've got to help me help you.
  #3  
Old 12-09-2000, 03:59 PM
r jacob
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Default Re: Business relations in DR

Thanks for responding. Do my work for me?, not at the least !
1. If I want to do business with a company in DR is it necessary for me to have a middleman?
2. Is it common to shake hands on first meeting, and, everytime after we meet?
3. Do Dominicans recognise their Caribbean neighbours for their business acumen and as key business partners?
4. Are business dealings conducted over lunch meetings?
5. Are business persons in DR considered aggressive or passive?
  #4  
Old 12-09-2000, 06:56 PM
Frederic
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Default Re: Business relations in DR

1. If I want to do business with a company in DR is it necessary for me to have a middleman? NO. It might be convenient initially, until you get to know the business environment, but it is not necessary.

2. Is it common to shake hands on first meeting, and, everytime after we meet? YES. It is common for men and women to shake hands the first time and afterwards. And between women, or men and women, one cheek to cheek kiss-in-the-air is also common.

3. Do Dominicans recognise their Caribbean neighbours for their business acumen and as key business partners? NOT VERY MUCH, it is only recently that the Dominican business community is looking seriously toward their neighbors. About 85% of all DR trade is conducted with the U.S., about 8% with the European Union and the rest 7% with the rest of the world.Only about 1% of DR trade is with the Caribbean, mainly importing from Trinidad and Tobago and Exporting to Jamaica.

4. Are business dealings conducted over lunch meetings? YES. Dominicans tend to prefer to first develop a certain level of personal relationship, to develop trustworthiness before compromising themselves. Lucnh permits smalltalk to occur, conversations about each other's business deals, families, sports, hobbies, etc. to develop and then slowly, towards the end of the lunch, for the business deal to be talked about. Business dealings are also conducted over playing golf or tennis or other sports at a local country club or hotel, or at home dinners, over drinks at the end of the afternoon, etc.

5. Are business persons in DR considered aggressive or passive? Even though it might not appear to be so, the DR business community os one of the most aggresive in the region. Just look at the results. Just look at their influence on politics and policies. The facts speak louder than the deceptive appearances.
  #5  
Old 12-13-2000, 11:36 PM
r jacob
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Default Re: Business relations in DR

Thanks again for providing the information.
A few more to satisfy my new fascination with your country.
1. Some countries have a few taboo subjects, are there many in DR? Can you tell me of two and what they mean?
2. Can you identify any unusual mannerisms of Dominicans that a businessperson should be wary of?
3. Is English widely used?

I hope to visit your country one day. Have you ever been to Trinidad and Tobago?
  #6  
Old 12-14-2000, 12:27 AM
Frederic
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Default Re: Business relations in DR

1. Some countries have a few taboo subjects, are there many in DR? Can you tell me of two and what they mean? Its a hard question. Nothing really comes to mind except religion and politics, specially politics where dominicans tend to take sides and strong postures. And of course Drugs are taboo---there si no tolerance for drugs and drug addicts.

2. Can you identify any unusual mannerisms of Dominicans that a businessperson should be wary of? YES. A tendency to exagerate things is very dominican. A lot of dominicans tend to make believe and sometimes believe themselves, that they have more than they really have, that they can do more than they really can do, that they are the only beholders of the truth, beauty and righteousness. Our things are always the best, the largest, the first, the most, etc. etc. and we are always right.

3. Is English widely used? Yes, for a spanish speaking country english is widely used, of course with foreigners mainly, and among the higher income groups and the Dominican-Yorks (Dominicans that live in New York)

Have I ever been to Trinidad and Tobago? YES many, many times, maybe over a dozen times over the last 10 years. About 6-7 times during the last three years during the free trade negotiations between CARICOM and the DR and to some Heads of CARICOM meetings, as Deputy Secretary of State of Foreign Affairs. I really like your country a lot ! An its people are wonderful !
  #7  
Old 12-17-2000, 11:38 AM
Alicja
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Default Re: Business relations in DR

Your information has been very useful also for me.
I'm a student from Poland writing a paper about cross-cultural communication.
I have been three times to the Dominican Republic and hope to be back soon. I love this country!
  #8  
Old 12-17-2000, 01:09 PM
Frederic
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Default Re: Business relations in DR

Good for you !

Its always a pleasure to help.

Good luck and success !

And, have a Merry Christmas and a Happy New Year
  #9  
Old 12-17-2000, 11:38 PM
r jacob
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Default Re: Business relations in DR

Dear Frederic,

I just to express my sincere thanks to you for providing the information on your country.

Have a happy and holy Christmas and a bright 2001.

Raj

PS Alicja from Poland - How did you enjoy the course on cross-cultural comunication?
  #10  
Old 12-23-2000, 02:21 PM
Loren
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Default Re: Business relations in DR

This has been a fascinating discussion thread. Especially for me, an American of caribbean ancestry (Bahamas)with business experience in the Domincan Republic and married to a Dominican.

Of all the places I have been in the world, the Dominicans are the nicest. Frederic is right about one thing, man they exaggerate! They are very very clever, resourceful like nobody I've ever seen, and skilled negotiators/hagglers. Some consider business a match of wits, and the foreign businessman should understand this or risk "getting their feelings hurt."

Fortunately (for me) Dominicans seem to truly like Americans. Unfortunately, many Dominicans can't stand Haitians. Freddy, I think you would concur with me on this: The Spanish speaking Caribbean is far less formal than the English speaking Caribbean. I can't think of anything I would be uncomfortable discussing with Dominican associates that would be acceptable in other polite company. The English Caribbean seems to take more social cues from Europe. I dont know how Trinidad is, but I would be far less apprehensive about asking a Dominican associate out for a drink than I would about asking a Bahamian out.

For what it's worth, the food is not as spicy in the D.R. When I ask for hot sauce, the restaurants often have to go find some. When I cooked some curried chicken for my wife, she acted like it was food from Mars!

Merry Christmas,
Loren
 

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