The Impact of Psychic Distance in the Development of a Foreign Business Relationships Cover Image

Znaczenie dystansu psychicznego w rozwoju relacji biznesowych na rynku zagranicznym
The Impact of Psychic Distance in the Development of a Foreign Business Relationships

Author(s): Aleksandra Hauke-Lopes
Subject(s): Business Economy / Management, Micro-Economics, International relations/trade
Published by: Społeczna Akademia Nauk
Keywords: psychic distance; relationships; business network; internationalization; case study;

Summary/Abstract: During the internationalization companies enter markets characterized with different level of psychic distance. The perception of distance by managers influences the development of the relationship between partners operating in the business network. The aim of the article is to analyze impact of psychic distance in the development of a foreign business relationship. The analysis is realized on the basis of the case of the company’s entry into the Saudi Arabian market. Conclusions indicate managerial actions reducing the level of psychic distance in the business network in the internationalization process.

  • Issue Year: 19/2018
  • Issue No: 2.1
  • Page Range: 209-217
  • Page Count: 9
  • Language: Polish