International Business and Globalization Theory
CHINA GOING FROM A COMMUNIST COUNTRY
THE RISE OF JAPAN IN THE 80S AND WHY IT DIDN’T WORK
SINGAPOREAN GOVERNMENT FOCUSED MARKET.
GLOABLIZATION OF MARKET
GLOBALIZATION OF PRODUCTION
Asisn cultures diner and again and again is high context • In China communication tends to be very efficient because of their information-flow at work and in privacy. They discuss everything in advance and consider meetings as an official "ceremony" where the already commonly agreed decision will be announced. This is important in the way of "giving and keeping face".
• The Americans and Germans in contrast inform the participating attendants in a meeting about the hard and necessary facts. The decission-making process takes place within the meeting.
Japan is very low context
THE DIFFERENT TYPES OF MARKET
FOCUSED MARKET ETC
Case study
Trade liberalisation has pulled many developing countries into emerging markets in the last decade. Jim O’Neil, an economist and chairman of Goldman Sachs, who forecast global economic domination by certain developing countries – in particular Brazil, Russia, India, and China (BRICs) – now challenges us with notions of a new phase of global economic development. The anticipated international alignment of Mexico, Indonesia, South Korea and Turkey (MIST) is representative of the new wave of emerging markets.
These four countries, all members of the G20 group, are clearly a powerful rhetorical agglomeration. The influence of MIST is evident upon analyses of their macro and micro political-economies. Due to our trade and diplomatic relationship with the MIST countries, it is important that Australia understands the implications of this economic bloc.
Mexico was one of the last decade’s fastest growing nations. Membership of the North American Free Trade Agreement (NAFTA) has brought some positive outcomes to this nation. Mexico’s proximity to the US, and links with Central and South American markets, as well as
THE RISE OF JAPAN IN THE 80S AND WHY IT DIDN’T WORK
SINGAPOREAN GOVERNMENT FOCUSED MARKET.
GLOABLIZATION OF MARKET
GLOBALIZATION OF PRODUCTION
Asisn cultures diner and again and again is high context • In China communication tends to be very efficient because of their information-flow at work and in privacy. They discuss everything in advance and consider meetings as an official "ceremony" where the already commonly agreed decision will be announced. This is important in the way of "giving and keeping face".
• The Americans and Germans in contrast inform the participating attendants in a meeting about the hard and necessary facts. The decission-making process takes place within the meeting.
Japan is very low context
THE DIFFERENT TYPES OF MARKET
FOCUSED MARKET ETC
Case study
Trade liberalisation has pulled many developing countries into emerging markets in the last decade. Jim O’Neil, an economist and chairman of Goldman Sachs, who forecast global economic domination by certain developing countries – in particular Brazil, Russia, India, and China (BRICs) – now challenges us with notions of a new phase of global economic development. The anticipated international alignment of Mexico, Indonesia, South Korea and Turkey (MIST) is representative of the new wave of emerging markets.
These four countries, all members of the G20 group, are clearly a powerful rhetorical agglomeration. The influence of MIST is evident upon analyses of their macro and micro political-economies. Due to our trade and diplomatic relationship with the MIST countries, it is important that Australia understands the implications of this economic bloc.
Mexico was one of the last decade’s fastest growing nations. Membership of the North American Free Trade Agreement (NAFTA) has brought some positive outcomes to this nation. Mexico’s proximity to the US, and links with Central and South American markets, as well as