Doing business in israel
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Doing Business in Israel . שלום “Hello” in Hebrew. Joanna Andrews and Kasa Khang. Negotiating . Welcoming Direct Plainspoken. Business culture is informal practical similar to some European countries. International Business.

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Doing Business in Israel

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Doing Business in Israel

שלום

“Hello” in Hebrew

Joanna Andrews and KasaKhang


Negotiating

  • Welcoming

  • Direct

  • Plainspoken

  • Business culture is

    • informal

    • practical

    • similar to some European countries.


International Business

  • Organization for Economic Co-operation and Development (OECD)


Import

  • Israel’s import is $71.67 billion

  • Top 3 Imports:

    • Raw materials

    • Military equipment

    • Investment goods


Export

  • Export is $62.32 billion

  • Top 3 Exports:

    • Machinery and equipment

    • Software

    • Cut diamonds


Competition

  • Free Trade Agreement

  • Extensive business relationships worldwide

  • Farming of strawberries & potatoes

  • GrainPro Cocoons


Competition

  • Bio Bee Biological Systems


Competition

  • Science & Technology

  • Medicine

  • Competitors: U.S. & Japan


Distribution/ Transportation

  • Distribution

    • Heliports

    • Airports

    • Pipelines

    • Railways

    • Merchant marine

    • Ports/terminals


Distribution/ Transportation

  • Transportation

    • Air

    • Auto

    • Bus

      • Most popular

    • Taxi

    • Train

    • Water


Cultural Shock

Positive

Negative

English is widely spoken in Israel

Friendly to foreigners

Different personality

Endless traffic

Interesting driving styles

Both: Religious country


How to Cope with Cultural Shock

  • Educate yourself

  • Pick your battles!

  • Focus on what is controllable

  • Ask for Help!


Current Events

  • Former Israeli prime minister, Ehud Olmert, was convicted of taking bribes to ease the construction of a huge housing complex.


Current Events


10 Interesting Comparisons with U.S.

  • Business attire

  • Close contact

  • Body composure

  • Time – like to gets things done


10 Interesting Comparisons with U.S.

  • use 49.48% less electricity

  • consume 49.16% less oil

  • have 41.07% more babies

  • make 38.79% less money

  • spend 69.73% less money on health care


10 Interesting Comparisons with U.S.

  • have 32.08% less chance of dying in infancy

  • have 20.43% more chance at being employed


10 Interesting Comparisons with U.S.

  • live 2.62 years longer

  • experience 12.89% less of a class divide

  • be 83.33% less likely to have HIV/AIDS


Further Readings

  • “The Israelis : Ordinary People in an Extraordinary Land” by Donna Rosenthal

  • “Made in Israel” series on CBS 700 Club.


Thank you for visiting Israel! We hope you had enjoyed your quick visit!

שלום

“Good-bye” in Hebrew


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