Culture
Travel
Market Opportunities
Business Etiquette
Doing Business in Mexico
100

What dessert will Mexico prepare for the exhibition?

Tres Leches 

100

Name one Mexican state you are advised not to travel to.

What is Sinaloa, Zacatecas, Colima, Guerrero, Michoacán, or Tamaulipas?

100

How many trade agreements does Mexico have?

What are 12 trade agreements with 46 countries?

100

What should you consider about language in Mexican business interactions?

What is ensuring the presence of a translator if needed?

100

What resource will the exhibit use to compare cultural dimensions?

What is the Erin Meyer culture mapping tool?

200

How do Mexicans view time in professional settings?

What is flexible or polychronic time, where lateness is accepted?

200

What is a safety tip when visiting ATMs in Mexico?

What is being extra vigilant and avoiding displays of wealth?

200

What tax program benefits international companies in Mexico?

What is the IMMEX program?

200

How should managers balance their approach in Mexican workplaces?

What is combining an authoritative style with care for employee dignity?

200

What is the form of currency in Mexico 

What is The Mexican Peso?

300

What type of communication culture does Mexico have?

What is a high-context communication culture?

300

Why should you keep your travel group informed of your location?

What is ensuring safety in case of separation?

300

What is one advantage of doing business in Mexico?

What is the skilled, bilingual labor force?

300

Why are personal relationships important in Mexican business culture?

What is the ability to override business proposals through trust.

300

What free trade agreement benefits U.S. companies in Mexico?

What is the United States-Mexico-Canada Agreement (USMCA)

400

What are the dominant characteristics of Mexican business culture?

What are personal relationships, loyalty, strong hierarchy, and status consciousness?

400

What precaution should you take when riding taxis alone?

What is taking a photo of the taxi number or license plate?

400

What is the disadvantage of doing business in Mexico?

What is lack of intellectual property (IP) protection?

400

What is an example of business etiquette in Mexico?

What is using formal greetings and handshakes

400

What is a common challenge in forming a brick-and-mortar presence in Mexico?

What is budgeting time and resources for startup costs?

500

What is the importance of loyalty in Mexican culture?

What is prioritizing family needs above personal ones?

500

How much two-way trade was conducted between the U.S. and Mexico in 2022?

What is $863.4 billion?

500

What recent focus has boosted Mexico's market opportunities?

What is the renewed emphasis on research and development (R&D)?

500

How does status consciousness influence business in Mexico?

What is accessing opportunities through extensive industry networks?

500

Why is Mexico a strong market for U.S. exporters?

What are close cultural, social, and economic ties?