Dr. Juanjai Ajanant‚ a special advisor to Unicord PLC’s board‚ has been tasked with deciding the best strategy to take Unicord out of receivership. Unicord‚ as a relatively young company‚ was a leading tuna processor and one of the “shining stars” of Thailand. As a top tuna exporter‚ the company had shown year over year growth since its inception in 1978. It appears that their challenges began soon after the purchase of Bumble Bee in 1991. In four short years‚ Unicord quickly spiraled downward
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Edgar Snow’s novel Red Star over China and Fangchun Li’s article Mass Democracy‚ Class Struggle‚ and Remolding the Party and Government during the Land Reform Movement in North China both chronicle the revolutionary movements that encapsulated much of China’s twentieth century. Snow’s work reads like a well put together journalistic piece rather than a novel. However‚ his interaction with Mao Zedong -a real face of the revolution- provides great insight of the mindset of the major members of the
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Why Guanxi and Mianzi Play an Important Role in Chinese Business Culture Diana Yuan Zhang University of Houston-Victoria Abstract The paper discussed why guanxi and mianzi are the main factors that directly affect the business and politic side of China‚ and this is molded culturally for the past five thousand years. And how is this cultural influence becoming stronger than ever before. By contrasting and analyzing guanxi and mianzi‚ this research paper is intended to point out the differences
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The culture of Hong Kong is heavily influenced by the personal interaction that is also regarded as the Guanxi. In the year 1997‚ Hong Kong became part of China after the British rule that continued and remained for almost 150 years or so. This fact must be taken into consideration that mostly population of Hong Kong is consisted upon the Chinese people and the official language of Hong Kong is English because of the British influence (Warner‚ 2014). There is need to understand the fact that there
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Chinese company‚ as they have realized China is gaining international presence and is forecasted to become the largest economy in the world in 2025. The company has chosen Motosuzhou‚ a large Chinese enterprise of the Beijing municipal government. The Chinese company would be also benefit from their joint venture as they could gradually acquire technology through transfer by importing equipment and design and adapt them to the automotive industry in China. The American company formed a team composed
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GUANXI – Mối liên hệ ràng buộc In 1992‚ McDonald’s Corporation opened its first restaurant in Beijing‚ China‚ after a decade of market research. The restaurant‚ then the largest McDonald’s in the world‚ was located on the corner of Wangfujing Street and the Avenue of Eternal Peace‚ just two blocks from Tiananmen Square‚ the very heart of China’s capital. The choice of location seemed auspicious‚ and within two years‚ sales at the restaurant were surpassing all expectations. Năm 1992‚ Tập đoàn
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In all parts of the world social ranking has always been an issue to people. From early history when the Romans were the major empire to present day in the United States‚ social classes have always been accepted as a means for people to distinguish themselves. In Uruguay‚ the social classes are clearly divided and define whom people marry and how they are treated. There is a very distinct social class system in Uruguay. This class distinction starts at the top with the landowners. This group
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Mini Case: Guanxi and Gift (Grown up in China‚ I will address this case with my personal experience) As a growing market‚ China becomes increasingly appealing to western companies. To many of them‚ China is a country that is fundamentally different than most countries of the world‚ such as culture and social norm. Notorious corruptions have tarnished its reputation for attracting potential investors and businesses‚ who have been struggling to adapt the unique way of running business in this
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Wa‚ Guanxi‚ and Inhwa: Managerial Principle in Japan‚ China‚ and Korea I. Introduction: MANAGERIAL is an act of management in all business and organization to get the desired goals and objectives by inserting PRINCIPLES depends on the philosophies‚ behavior and culture of an organization. According to Jon P. Alston article‚ each society has its separate‚ distinctive philosophy which leads to specific behavior appropriate to the setting and having knowledge of their principles is not only helpful
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TITLE Is Guanxi Ethical? A Normative Analysis of Doing Business in China CITE “Is Guanxi Ethical? A Normative Analysis of Doing Business in China‚" Journal of Business Ethics 32 (3): 191-204‚ with Danielle Warren‚ August‚ 2001. AUTHORS Thomas W. Dunfee1 Danielle E. Warren2 The Wharton School 1 Legal Studies Department‚ The Wharton School‚ University of Pennsylvania Steinberg Hall-Dietrich Hall‚ Philadelphia‚ PA 19104‚ voice: 215-898-7691‚ fax: 215- 573-2006 email: dunfeet@wharton
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