National Cultural On E-commerce Report 2022

Table of content

Executive Summary (no more than 150 words)
Cultural differences might act like either encouragement or prevention for some cross-border
banking engagements. National cultural distinctions influence the entry method as well as the
supposed complexity surrounding the incorporation of foreign staff in the business. Much
like some other Asian financial system, Indonesians are cautious of online expenses. Most e-
commerce dealings are completed through direct bank transfer or by cash-on-delivery; as a
result, limiting the area of e-commerce within the nation. Additionally, there is little
economic literacy as well as a high amount of unbanked consumers. Modern advancement
within the payment area is making things to transform for the better. Different electronic
payment means are gradually attaining a foothold within the nation in addition to e-wallets
like T-cash, Go-Jek Doku, Veritrans and GrapPay gaining recognition among customers.
Cultural differences in culture are time importance, break policy, colleague relationship and
hierarchy. It is important to note that once it embraced a lot of noticeable growth especially
economically will be visible.

Introduction(260 words)
In this report, we will be discussing our group’s analysis of two international business topics t
hat happened in a country. The subjects covered are e-commerce in the country, and the diffe