FOR IMMEDIATE RELEASE

[ Print This Page ]

Media Contact:
Hugh Siler
Siler & Company PR
(949) 646-6966
hugh@silerpr.com

GMAC GLOBAL RELOCATION SERVICES' WEBINAR TO EXPLORE INDIA'S UNIQUE CULTURE, BUSINESS 'DO'S AND DON'TS'

June 5 Presentation -- 'Exploring Indian Culture' -- Designed to Provide Corporations With Valuable Cultural Insights

Oak Brook, Ill. (May 30, 2006) - GMAC Global Relocation Services will conduct a complimentary online Webinar to help companies that do business in India better understand the nation's unique culture.

Titled "Exploring Indian Culture," the one-hour Webinar will begin at 11 a.m. (ET) Monday, June 5.

According to the recently released GMAC Global Relocation Services' Global Relocation Trends Survey, India ranks second only to China as one of the world's most challenging countries for international assignments.

"India has what can only be described as one of the world's most complex, fascinating and least understood cultures, with roots dating back thousands of years," said Rick Schwartz, president and chief executive officer of GMAC Global Relocation Services. "For growing numbers of businesses throughout America and the rest of the world, India is evolving into an increasingly important market. Understanding and being able to conduct business effectively within this nation's culture is vital. We're excited that we can convey some very helpful information to many people using the Webinar format."

Schwartz said the Webinar will explore the cultural attributes of India and Indians in the work environment. It also will include an overview of cultural values and focus on recent events that could potentially affect business and expatriate activities in India.

Specifically, the Webinar will:

• Provide a brief introduction and explanation of life in India.
• Introduce stereotypes and perceptions of Indian nationals.
• Introduce basic business and social protocol "dos and don'ts" for interacting and working in India.
• Provide a framework for comparing and contrasting cultural differences in India with Webinar participants' cultures along 10 research-validated dimensions. These will enable participants to identify and resolve challenges in their own communications.
• Suggest communication strategies for bridging cultural differences between personal, national and the target cultures.

Participation is free and limited to the first 100 registrants. To register, go to: http://www.gmacglobalrelocation.com/insight_support/cc_india_reg.asp

About GMAC Global Relocation Services
GMAC Global Relocation Services (www.gmacglobalrelocation.com) is a leading, full-service outsourcing partner of end-to-end employee relocation, assignment management and mobility consulting services for multinational organizations worldwide. The company serves corporations in 110 countries and manages more than $1 billion in relocation related transactions for clients. GMAC Global Relocation Services is a subsidiary of Residential Capital Corporation (ResCap), a leading real estate finance company, focused primarily on the residential real estate market in the United States, Canada, Europe and Latin America. ResCap is an indirect wholly owned subsidiary of General Motors Acceptance Corporation (GMAC). For more information about ResCap, visit https://www.rescapholdings.com.