Alexandre Rovai – Agreements in Thailand
We live in a world that everything is based on agreements. We study about how the agreements are made in Thailand, that is by judgment, but when you are listening from a CEO, the one of the biggest companies of the world (McDonald’s) saying that he does all their agreements without lawyers, it was very strange to me.
To me, as a businessman, it is impossible to think of opening a business without lawyers and agreements. I cannot accept the idea of opening a business and not having a document that gives me the rights, if I encounter some problems in the future.
This was probably the most strange and risky (cultural thing) that I’ve ever seen in my life, but I think that it should succeed because everyone does this and the market continues to grow without a problem.