International Business Cultural Analysis of Singapore Singapore is a wonderful example of a multi-ethnic state since its population is mixed-up of Chinese 74.3%, Malays 13.3%, and Indians 9.1%. Since the government's efforts to preserve religious pluralism, Singapore has no official or dominant religion. Singapore follows the Asian model of higher education and research, which is based on Confucian education systems like those found in Japan and Korea. It has a long history of political stability, and the government aggressively promotes international investment. It has highly developed free market economy(Commisceo Global, 2017). A fractional upper class, an upper middle class, an intermediate middle class, a lower middle class, and a working class are the five social classes that may be identified in Singapore's society.

1. International Business
Cultural Analysis of Singapore
By: ABC

2. Overview of Singapore
• Singapore is a wonderful example of a multi-ethnic state since its population is mixed-up of
Chinese 74.3%, Malays 13.3%, and Indians 9.1%. Since the government's efforts to preserve
religious pluralism, Singapore has no official or dominant religion.
• Singapore follows the Asian model of higher education and research, which is based on
Confucian education systems like those found in Japan and Korea.
• It has a long history of political stability, and the government aggressively promotes international
investment.
• It has highly developed free market economy(Commisceo Global, 2017).
• A fractional upper class, an upper middle class, an intermediate middle class, a lower middle class,
and a working class are the five social classes that may be identified in Singapore's society.

3. Dominating/Main Culture of Singapore
• Hofstede cultural dimension - Singaporeans believe in a stable society based on Confucian values, as
shown by their Power Distance score of 74. Singaporeans encourage long-term investment in cultural
characteristics such as persistence, delayed results, and frugality, as measured by their Long-Term
Orientation Score of 72. Singapore is a collectivist society, scoring a 20 on the scale. Singapore receives
a 48, putting it in the center of the scale, though on the feminine end. Uncertainty Avoidance 8 is
Singapore's lowest score. Singapore is scored 46th in the world in terms of indulgence.
• Culture: Singapore's work culture is a unique blend of Asian and Western cultural influences, making
it a cosmopolitan melting pot of cultures where east meets west.
• Folkways and Norms: In daily interactions, Singaporeans are more formal and courteous than
"westerners," and less tactile and intimate. Singaporean society is multicultural and cosmopolitan, with
a racial and religious harmony philosophy at its core(Commisceo Global, 2017).

4. Culture affect business in Singapore
• It is easy to start business in Singapore. You may complete your registration in a single day if you have all the
required criteria. You may also employ a professional to assist you with your incorporation.
• With Chinese making up 74.3% of Singapore's population, it is not uncommon to see most local firms being
significantly influenced by traditional Chinese values. When it comes to relationships though, this translates into a
culture of hierarchy, where people in the lower level of the hierarchy system would accept their subordinate status,
and respect formal hierarchical authority. People seldom violate chains of command or openly question decisions
by their superiors (Goby, V. P., 1999).
• In Singapore, Throughout the business negotiation, both parties maintain a cordial relationship, and efforts to gain
competitive advantages should not be seen as a negative. Most Singaporeans operate in a polychronic manner.
Singaporeans like to communicate in a way that keeps the content hidden so that no one is offended. Direct
communications, in their opinion, may lead to misunderstandings and conflicts. In order to keep a relationship
harmonious, so much stress is put on "saving face."

5. Culture affects entrepreneurs in the Singapore
• While the economy is favorable to business, the real estate market is not. There is not much land for
business growth in Singapore since it is smaller than the statistical area of London. The high expense
of doing business is since almost all the land available for company growth has been taken. For new
companies, this only provides a restricted amount of cash. Land scarcity will very certainly be the
most significant entrance into the Singaporean market. In order to prevent litigation or penalties,
businesses must be aware of the tougher civil rules. The idea of "saving face" is crucial, and businesses
negotiating with Singaporean firms must be aware of it to avoid offending anybody (Chia, S. Y. ,
2015).
• Communication, motivation, organizational design, people's expectations of work design, and
incentive systems are all influenced by a Singapore's culture. Labor laws, educational and vocational
training methods, and industrial norms and regulations all impact organizational policies (for example,
human resource policies).

6. Mind-Map
• Singapore is one of the most successful country of the 20th century, having transformed
itself from a 3rd-world country to a 1st-world economic powerhouse in a matter of decades.
Nonverbal communication signals from Chinese, Malay, Indian, and Tamil are combined to
create a distinctively "Asian" communication style in Singapore because of its ethnic
diversity. Due to the government's efforts to preserve religious pluralism, Singapore has no
official or dominant religion. In Singapore, there is a lot of social stratification. Like South
Korea or Japan, Singapore is regarded as a top Asian education system.
• Singapore is a great place to start business. Singaporeans like to communicate in a way that
keeps the content hidden so that no one is offended. The most important barrier to entry
into the Singaporean market will very likely be land scarcity. Lower-level employees would
accept their position as subordinates and respect formal hierarchical authority.

7. References
• Commisceo Global. (2017). Singapore Guide-A Look at the Language, Culture, Customs and
Etiquette. Retrieved April 10, 2017, from http://www.commisceo-
global.com/countryguides/singapore-guid.
• Chia, S. Y. (2015). Globalization and Regionalization: Singapore's Trade and FDI. Singapore Economic
Review, 60(3), 1-23. Permalink
• McKenna, S., & Richardson, J. (1995). Business values, management and conflict handling: Issues in
contemporary Singapore. The Journal of Management Development, 14(4), 56. Retrieved from
http://ezproxy.liberty.edu/login?url=https://search-
proquestcom.ezproxy.liberty.edu/docview/216312191.
• Goby, V. P., (1999). Teaching Business Communication in Singapore. Journal of Business and
Technical Communication, 13(4), 449. DOI:
https://doiorg.ezproxy.liberty.edu/10.1177/1050651999013004.