UNIT 21 BUSINESS TRAVEL
COMMERCIAL BUSINESS DESTINATIONS AND COMMERCIAL SIGNIFICANCE
Student name:
Student id:
Key commercial business destinations
The key commercial business destinations with a focus on understanding the different time zones along with the knowledge of the existing towns, cities, gateways as well as airports are portrayed:
Continent |
Commercial business destination |
Time zone |
Towns, cities, gateway |
Airport |
Asia |
Tokyo (Japan) |
JST (Japan Standard Time) UTC/GMT +9 hours |
Takanawa Gateway City, Roppongi and Shibuya |
Haneda Airport (Tokyo International Airport), Narita International Airport |
Europe |
London (UK) |
BST (British Summer Time) UTC/GMT +1 hour |
London City, Kings Cross and London Gateway |
London City, London Heathrow |
Africa |
Johannesburg (South Africa) |
SAST (South Africa Standard Time) UTC/GMT +2 hours |
Sandton and Rosebank |
Johannesburg - OR Tambo International Airport |
North America |
New York City (USA) |
EDT (Eastern Daylight Time) UTC/GMT -4 hours |
Manhattan and Times Square |
John F. Kennedy International Airport |
South America |
Lima (Peru) |
PET (Peru Time) UTC/GMT -5 hours |
San Isidro |
Jorge Chávez International Airport |
Australia |
Sydney (Australia) |
AEDT (Australian Eastern Daylight Time) UTC/GMT +11 hours |
Central Business District (CBD) |
Sydney Airport |
WORLD TIMEZONE MAP
The key commercial business destinations selected from each continent which practice trade are focused to understand the business along with local etiquette of the places as well as the factors which restrict business travel in those places are as elaborated:
Continent |
Commercial business destination |
Business and local etiquette |
Factors restricting business travel |
Asia |
Tokyo (Japan) |
The greeting is done with a bow and generally uses last names to address people. The businesses make sure to take a lot of notes at the time of meetings. |
The rapid ageing in the population of Japan which will drop to less than 100 million in the year 2056 and to even below 88 million in the year 2065. It is a challenge of the economy which is not suitable to support a business (GOV.UK, 2023a, para. 3). |
Europe |
London (UK) |
Handshakes are focused for the starting of meetings and politeness as well as punctuality is very crucial there. A clean and well-groomed personality is respected. |
The immigration laws impact the travel behaviour of business travellers due to different immigration permission laws (Czaika and Neumayer, 2017, p. 75). |
Africa |
Johannesburg (South Africa) |
Punctuality is highly preferred and a timely appointment is necessary for any kind of meeting. Eye contact and smiling at the time of shaking hands are focused during the first meeting. |
The time-consuming process of applying for a Visa along with the sudden outbreak of any health concern cause restrictions in travelling. |
North America |
New York City (USA) |
Business people are focused on getting to the point very quickly and like to be open and direct in communication while maintaining honesty. Greeting while making eye contact with a firm handshake is preferred. |
The tax burden restricts business opportunities which restricts business travelling. |
South America |
Lima (Peru) |
Punctuality is highly respectable and formal as well as conservative work attire is preferred. Warm greetings are focused on starting a conversation. |
Crimes like drug trafficking along with illegal mining lead to have several restrictions on business travellers (GOV.UK, 2023b, para. 1). |
Australia |
Sydney (Australia) |
The business persons are focused to carry clear as well as straightforward communication and focus on open communication in which others are encouraged to get involved in the process of decision making as they make sure to carry a formal interaction which is casual and also portrays professional behaviour. |
Weak economic conditions restrict the travel patterns of business travellers. |
2 international business destinations
The two most significant destinations for business travellers include London (UK) in Europe along with Tokyo (Japan) in Asia.
London (UK)
The travel trade of the place includes various intermediaries like destination management companies as well as operators of tours along with different travel agents along with wholesalers and retailers (VisitBritain.org, 2024, para. 1). The travel services are widely known for trade in London along with the financial services.
Business etiquette in London is basically focused on maintaining politeness along with punctuality. This is important to build a strong impression and develop strong business relationships in a respectful manner.
Local etiquette for business travellers includes a main focus on wearing clean attire for meetings along with maintaining a well-groomed personality at the time of presentation. The maintenance of eye contact along with the proper addressing of individuals portrays a good and attractive personality.
Tokyo, Japan
The travel trade of Tokyo includes business travel to be one of its highly established business outcomes and the truism industry is one of the strongest pillars of this trade (Statista, 2024, para. 1). The Tokyo metropolitan region is considered to be the largest centre of commerce which is the most significant factor of trade there.
Business etiquette is necessary as this helps to develop mutual respect between both parties and with a focus on politeness, the partnership gains success which is helpful to shape the trade of the nation also.
Local etiquette of a warm and polite greeting with a bow is essential to develop a strong and trustworthy partnership. Professional outfits are preferred there which helps to give a good impression and is preferred in successful business meetings.
References
Czaika, M. and Neumayer, E. (2017) ‘Visa restrictions and economic globalisation’, Applied Geography, 84, pp.75-82. Available at: http://dx.doi.org/10.1016/j.apgeog.2017.04.011
GOV.UK (2023a) Overseas business risk: Japan. Available at: https://www.gov.uk/government/publications/overseas-business-risk-japan/overseas-business-risk-japan (Accessed: 9 October 2024).
GOV.UK (2023b) Overseas business risk: Peru. Available at: https://www.gov.uk/government/publications/overseas-business-risk-peru--2/overseas-business-risk-in-peru (Accessed: 9 October 2024).
Statista (2024) Business travel in Japan - statistics & facts. Available at: https://www.statista.com/topics/9718/business-travel-in-japan/#topicOverview (Accessed: 9 October 2024).
VisitBritain.org (2024) Understanding the international travel trade. Available at: https://www.visitbritain.org/working-us/understanding-international-travel-trade (Accessed: 9 October 2024).
Also Read
- MANAGEMETN MODELS: CHARLES HANDY CULTURAL MODEL, TUCKMAN'S TEAM DEVELOPMENT MODEL, GIBBS REFLECTIVE CYCLE, HOFSTEDE'S CULTURAL MODEL, ORGANIZATIONAL STRUCTURE, LEADERSHIP STYLES, MASLOW NEED HIERARCHY THEORY, HERBERT HERZBERG'S MOTIVATION THEORY, ADA
- Leadership and Management in Tesco
- Operation Management: Nissan Motor Manufacturing UK Limited
