Cultural Differences
Business Vocab
Acronymes
100

What is the difference between Japanese and American culture?

  • Japan focuses more on the group.
  • The United States focuses more on the individual.
  • In Japan, harmony is important.
  • In the United States, personal freedom is important.
100

What is the definition of : Turnover

Revenue

100

CEO

Chief Executive Officer (Directeur Général / PDG)

200

How do Japanese and Americans communicate?

  • Japanese people often speak indirectly.
  • Americans often speak directly.
  • In Japan, people try to avoid conflict.
  • In the United States, people say what they think more easily.
200

What is the definition of : A competitor

One who competes or is a rival of another business enterprise.

200

VAT

Value Added Tax (Taxe sur la valeur ajoutée)

300

What is the role of the group in each culture?

  • In Japan, the group is very important.
  • People respect group rules.
  • In the United States, the individual is more important.
  • Personal opinion is more valued.
300

What is the definition of : A bargain

agreement between two groups or people; something for sale at a price advantageous to the buyer

300

CAPEX

Capital Expenditure (Dépenses d’investissement)

400

Why are these cultures different at work?

  • In Japan, people look for consensus.
  • Respect for hierarchy is important.
  • In the United States, initiative is valued.
  • Decisions can be made faster.
400

What is the word "overhead" in French 

Coût de structure 

400

EBITDA

Earnings Before Interest, Taxes, Depreciation and Amortization

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