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An overview of the Hungarian business etiquette
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The primacy given to certain ideas or philosophies make up the cultural values of an individual or a society. How such beliefs and values get expressed creates an attitude that is demonstrated through behavior and words. Most of the time, these values are written and govern expectations of socially acceptable behavior in a specific society, group, or social class. As a business owner, it is imperative to accept different values and attitudes as fundamental elements of each culture that has a great influence on social behavior.
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This can enhance intercultural understanding while undertaking business with foreigners. This article, therefore, highlights some major business decorum in Hungary.
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Corporate social responsibility (CSR)
After joining the European Union in 2004, Hungary had to abide by the economic policies dictated by the union. As a result, corporate social responsibility became an important business practice. Multinational corporations with subsidiaries in Hungary were the main campaigners for this practice. This concept can even be found in studies and books published on CSR best practices.
However, the high standards expected by the European Union are still a big challenge to the country, more so in terms of waste management, air quality, and water pollution. Many investments have been channeled towards waste management to enhance water quality.
An environmental policy implemented in 2005 has tremendously reformed Hungary’s environmental policy with the intent of meeting the EU expectations. Administrative measures, investments, and the restructuring of the industrial landscape have stimulated significant improvements. To get more insight on the CSR best practices in this country, you can undertake online research or even hire the best paper writing service in Hungary to highlight for you the key practices commonly observed.
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Gift giving
Hungarians do not normally expect gifts, except during Christmas season.
Nevertheless, small corporate gifts (e.g., pens or diaries engraved with the firm’s logo) or even a souvenir representing your home country (artisanal crafting, liquor, porcelain, etc.) is acceptable but not mandatory.
In case you have been invited to a home dinner by a business partner, it is okay to come with some flowers, liquor from your country of origin, or premium chocolates. Important to note is that certain cultural conventions are affecting the offering of flowers.
