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Gifting Etiquette in Different Cultures and Corporations

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  The act of giving gifts has held significance since a long time ago. They show appreciation, good will, respect or celebration. Bonds are formed and ties which are both interpersonal and business in nature are reinforced by the giving of gifts.  The prominence which gift giving is ascribed to is perhaps the most irrational, since giving is more than the object. It is truly the culmination of organization practices, social values and more prominently, culture.  Culture holds the utmost importance. It is a prerequisite in the current era of business to understand gifting etiquette and practices of different cultures.  Cultural variations are indispensable and are the norms of most modern business engagements in which multi-cultural workforces are also involved.   The Significance of Cultural Traditions in Gift Giving   The implications and interpretations of gifts are different around the world. The act of gifting comes with more significance than...