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Cultural Issues Affecting Business Activity in Sri Lanka

John E. Spillan () and Mohammad Rahman ()
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John E. Spillan: University of North Carolina at Pembroke
Mohammad Rahman: University of North Carolina at Pembroke

Chapter Chapter 6 in Doing Business in Bangladesh and Sri Lanka, 2023, pp 89-108 from Springer

Abstract: Abstract This chapter explores the cultural issuesCultural issues that significantly impact business activities in Sri LankaSri Lanka. Sri Lanka's rich cultural heritage and diverse society shape the way business is conducted in the country (Weerakoon in South Asian J Manag 26:170–185, 2019). The chapter examines key cultural aspectsCultural aspects, including social hierarchySocial hierarchy, collectivismCollectivism, religious influencesReligious influences, communication stylesCommunication styles, and social customsSocial customs. Understanding and navigating these cultural factors are crucial for businesses operating in Sri LankaSri Lanka, as they directly impact relationship-buildingRelationship-building, decision-making processes, consumer behavior, and overall business successBusiness success.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-37822-5_6

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DOI: 10.1007/978-3-031-37822-5_6

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