Professional Documents
Culture Documents
Nepali society and cultures have flourished here over millions of years and this diversity set
in a small geophysical entity like Nepal is a typical example in the history of the whole of
Socio cultural impact of business in Nepal (2014) shows that the socio-cultural environment
of the country has changed considerably over the past two decades or so with many changes
in the economic, cultural and gender mix of the working population. This emerging and
distinctive change and class structure of the Nepalese society has opened up new frontiers of
economic and business activities. Nowadays, the dominant farming culture is seen as disgrace
these days, youth prefer to go abroad and work 18 hours a day but seek little opportunities in
their home land. Similarly, people migrate from village to city in search of jobs in offices,
factories and industries. This has increased demand for apartment service in city areas, the
plotting of land business has boomed and people are inclined towards buying and trading
Evason (2017) has presented the impact of culture in the Nepalese business. Both the
traditional greeting and handshake are common in business settings. There can be much time
spent getting to know business associates over cups of tea (chiya). People are expected to be
asked questions that may not relate solely to own work. People often enquire into each
other’s family and life experiences to build rapport. Negotiation accompanies almost any
business deal in Nepal. Most decisions are made by senior managers without much input
Gyanwali (2020) in his article " Socio-Cultural Impacts of COVID-19 in Nepal" has
presented that the pandemic generated impacts mainly from lockdown, curfews, self-
2
isolation, social distancing, and quarantine have affected the overall physical, mental,
spiritual, cultural, economic, and social wellbeing of the people of Nepal. The pandemic has
generated big questions in the survivors of human life, life patterns of the people, internal,
pandemic. Many cultures used to older and frailer people dying; only now, it’s happening
sooner and perhaps more tragically. This pandemic has also devastatingly affected cultural
life of people and an increase the rate of suicide, girl trafficking, child marriage, and death of
operation positively and negatively. These factors may be current and impending legislation,
political stability and changes, freedom of speech, protection and discrimination laws are
factors affecting business operation and activities. Government regulations rising and
lowering the tax rate for businesses due to specific reasons has a great impact in the business.
Lack of political stability within a country can significantly impact the operations of a
business. Every business has a need to expand business operation to other countries.
However, political background of a country can influence the desire for a business to expand
its operations. Employment law is an aspect that is very complex and involves several pitfalls
as well. When businesses’ are in touch with the latest developments in this law, they can
manage to take their business in the right direction however, those who get it wrong needs to
Shrestha (2019) There are some of the major impacts that Nepalese businesses may encounter
as a result of federalism. It might appear like a lot of challenges to deal with but with proper
3
information and strategy, businesses can reap benefits from the new policies. With a higher
level of power attributed to the local level, municipalities are seeking support from various
private players for local development in areas such as health, education, road construction,
and waste management among others. This serves as the perfect opportunity for businesses to
Murarka (2021) Coronavirus cases in Nepal are skyrocketing and hospitals in the country are
overwhelmed with the huge influx of COVID-19 patients. Prime Minister KP Sharma Oli is
seeking help from other nations and also is under pressure because of the political crisis that
is looming over his government. Government has limited resources but is trying to provide
In conclusion, there is the impact of culture and politics on doing business in Nepal. Different
cultures that are followed by the people like going abroad, following western cultures, etc.
have a great impact in the Nepalese business. Not only that the impact of political sectors like
political instability, changing the tax rate, etc. can also be seen on Nepalese Business. At the
present time, COVID-19 has also affected the cultural and political sectors in Nepal.
References
https://culturalatlas.sbs.com.au/nepalese-culture/nepalese-culture-references
Khatry, P. (2014). Nepali Society: Fading Norms and Dying Values. Available at:
http://www.gorkhapatra.org.np/rising.detail.php?article_id=64236&cat_id=7
Murarka, S. (2021). Pandemic, political instability, economic crisis rattles Nepal. Available
at: https://www.wionews.com/south-asia/pandemic-political-instability-economic-
https://www.marketingtutor.net/political-factors-affect-business/
http://biruwa.net/2019/07/impact-of-federalism-on-nepalese-businesses (Accessed: 3
July, 2019)
https://himalayaban.blogspot.com/2014/08/trends-in-business-due-to-socio.html