China is doing business more and more the American way, but non-Chinese executives still must work hard at building trust in relationships with their Chinese business partners. Chinese business strategy has changed a lot, and they adopt western practices (Chau, 2012).…
2. Drawing from Hofstede’s work on global cultures, what challenges might Canadian managers at McCain face when interacting with their Chinese business colleagues?…
2. Drawing from Hofstede’s work on global cultures, what challenges might Canadian managers at McCain face when interacting with their Chinese business colleagues?…
Like various other foreign countries, the Chinese market embraces the country’s diverse culture. Successful expansions depend heavily on a corporation’s ability to integrate and accept different cultures. The Chinese work culture is more personal than in the U.S. The Chinese work environment embodies this personal nature when doing business with carriers, customers, vendors. In order to successfully expand, the corporation must know how to adapt to this nature and work without hesitation. The corporation has to be able to keep its patience and work around the cultural differences.…
True, the company experienced several downturns because of cultural issues but it triumphantly gained a name for itself in the global market, especially in China. How did Starbucks able to comeback from its failure? Why did they fail in the first place? How important is it to understand cultures of other countries in globalization? These, we shall answer in the course of this paper. What follows is an enumeration of the cultural barriers that Starbucks encountered in its expansion in China.…
Business culture can vary greatly between different cultures, so it is no surprise that trouble has arisen during the transition between M.Legris’ (French) dictatorial but very socially aware management style and the limited experience of Dr Barfuss and his participative focused style of management, with much less emphasis on acting in a socially driven manner.…
Today, most Americans take for granted that China will be the next global superpower. But despite the nation's growing influence, the average Chinese person is still a mystery to most of us. Tom Doctoroff, explains his 20 years of experience navigating this fascinating intersection of commerce and culture to explain the mysteries of China. He explores the many cultural, political, and economic forces shaping the twenty-first-century Chinese and their implications for business people, marketers, and entrepreneurs.…
References: Alon, Ilan; 2003; Chinese culture, organizational behavior, and international business management; Greenwood Publishing Group; ISBN…
Ellen Stoddard-Jones, 35, was a sales representative with a multinational data systems company headquartered in New York. She was a capable and ambitious graduate with a dual M. B. A. / Ph. D. from a prestigious European university. Most of her company’s international business was conducted in Europe and Japan while China was a growing market for its products. Ellen was recently transferred to be responsible for the Far East market. And she was fixed a schedule of the third time in two years to meet with representatives of a very large Taiwanese distributor whose product lines fit those of her company.…
Special Topics in Management – Assignment 2 (Individual) Please read the case study titled: Heineken: what’s the best strategy? Build brands or acquire companies? This case study has been uploaded on moodle. Answer all questions. Question 1: What are the advantages of acquisitions in building global reach? And what are the problems? (200 words) Question 2: Would you recommend following the Heineken strategy or the strategy of its rivals? (200 words) Question 3: You are based in South Africa, and have been assigned to negotiate a business deal with the representatives of a potential distributor for Heineken in China. Since having intercultural skills is critical for a successful international experience, you consider collecting information regarding the local culture before your departure. Prepare a short description of the most striking cultural characteristics involved in communicating with the local people that may affect business interactions in China (600 words) Additional Information for question 3: GlobalEDGE features numerous websites that provide detailed cultural background information for a variety of countries. All of these resources are located under the “Culture” section of the Reference Desk. One of such sources is the Centre for Intercultural Learning. This resource can be also be accessed by using the search phrase “intercultural skills” at http://globalEDGE.msu.edu/ReferenceDesk/. Once on the Centre for Intercultural Learning website, click on “Country Insights” and select “South Africa” from the country list. Cultural information can be obtained by selecting a cultural topic from the drop down menu (Do the same to find information about China). Search Phrase: “Intercultural Skills” Resource Name: Mexico: Centre for Intercultural Learning Website: http://www.dfait-maeci.gc.ca/cfsi-icse/cil-cai/ Assignment Requirements Typing requirements, Times New Roman, 12pt, 1.5 line, Spacing, 2.54 margins all round, fully justified.…
This case tells us about Stanley Wong, division manager for Erie Performance Polymers and general manger of Wuhan Erie Polymers joint venture who had received an approval for his transfer request to Gary, Indiana, USA, headquarters of Erie. He was given the task of recommending to the board, from a list of six candidates, a successor to his position. During his tenure Stanley Wong has tried to modernize the thought process of his mainly Chinese employees, at the same time being sensitive to the cultural differences, he tried to create an organisational culture which was a mix of both Chinese and western values. He must make sure that his successor is sensitive to the existent differences in culture and that he is well equipped to handle problems or conflicts which these differences might cause.…
Everyone knows that, if a business is going to do business outside its home market, its CEO’s and CIO’s have to understand the social and cultural…
Electronic Communications Ltd (ECL) invested in China by opening up a production facility in Tianjin, China. The Chinese culture is vastly different than American culture which introduced problems with communication skills, team building and conflict across the company. “The Chinese attached greater value to indirect communication than to direct communication, as it was seen as more tactful. This meant that many of them are not used to direct criticism and confrontation” (Ho, 2001, pg. 2). Personal relationships between managers and their employees is another problem identified by Ho as well as humility and obedience is highly respected amongst Chinese staff. The Chinese culture also embraces close interaction and personal relationships to foster professional growth where with modern management this is not an encouraged trait.…
Running an international business is different from running a domestic business. International business requires you to recognise and understand the cultural differences between countries. Failing to recognise and understand this difference could possibly lead to many difficulties, or worse still, failure. In this essay, I will be discussing the difficulties that Best Buy Co. Inc. faced, and its eventual failure due to the lack of understanding of the cultural differences in its host country, China.…
Starbucks embraces diversity to create a place where all employees can be themselves and treat each other with respect and dignity. “Starbucks has partly embraced the “when in Rome” approach Doctoroff advocates” (Starbucks Banks on the Middle Kingdom’s Middle Class, 2008). The company has adapted to local conditions, creating joint ventures with Chinese partners and seeking to hire experienced local executives to run its operations rather than importing them from abroad. Starbucks CEO Howard Schultz believes a good China strategy consists of four main elements: establishing and maintaining good relationships with government officials and local joint-venture partners; targeting nascent middle class beyond first-tier cities; finding and hiring experienced local executives, and adapting business models and systems to local conditions and requirements” ( Starbucks Banks on the Middle Kingdom’s Middle Class, 2008).…