Monochronic and polychronic time
M-time cultures: emphasize schedules, a precise reckoning of time, and promptness; rude to do two things at once (Europe)
P-time cultures: emphasize the completion of transactions and the involvement of people rather than a rigid adherence to the clock (Latin America and the Middle East)
Monochronic and Polychronic Time Systems
Punctuality and promptness (M-time)
When doing business in countries that adhere to M-time schedules, it is important to be on time for meetings, whish typically end at the appointed time so that participants can be on time for their next meeting.
When doing business in countries that adhere to P-time schedules, it is common to find business meetings starting late and finishing late.
Mis-communication in some cases lies in the differences between the two time