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Importance of business meetings

In Hungary, hierarchy is very significant for the business community and crucial decisions are reserved for management. Consequently, business meetings are generally considered necessary to exchange ideas and talk, but they are rarely perceived as opportunities to get things done. During a first meeting, Hungarians are formal and polite, although they prefer less formal meetings, without the rigidity of schedules or deadlines, where they can honestly express their opinion. Hungarian partners are not patient and want quick answers to their questions, though they are not good at doing the same when asked. It is best not to rely on verbal agreements. Promises made during the meetings are usually respected, but agreements are only binding when signed into a written contract.(Meeting etiquette)

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