Preview

Shui Fabrics

Good Essays
Open Document
Open Document
319 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Shui Fabrics
Shui Fabrics

Ray Betzell, the general manager of a joint conjecture amongst pugnacious River Industries and Shanghai fabrics Ind., was being torn mingled with the two companies. After many years of production Rocky Rivers President capital of Minnesota Danvers wasnt satisfied with the annual return of 5%. Chui Wai, deputy general manager, believed that Shui was generating just the business level of profit not too much and not too little. Although Chui Wai believed production and profits were well, his partner didnt agree. capital of Minnesota Danvers desired an annual return of around 20% ground on the amount of years in service. During a promise conversation Ray Betzell and Paul Danvers discussed the production of the company and the sidetrack of that production. The investment in the company wasnt producing sufficient profits. Paul mentioned that greater efficiency and incorporating sophisticated technology would allow Shui to impose its workforce substantially and in return provide a better ROI (return on investment). After stating his alternative methods, he as well as gave the option of terminating his contract with Shui or everyone coming to an agreement on how to generate better ROI. 1.How would you characterize the main economic, legal-political, sociocultural differences influencing the affinity between partners in Shui fabrics?

What GLOBE Project dimensions would help you check the differences in Chinese and American perspectives illustrated in the case? The infrastructures between the two companies differ because of the fact that one company is from chinaware and next is from the United States. Chinas economic organic evolution is not the same as the United States. China is showy for low-cost manufacturing of goods, Management, Richard Daft, chpt 4. In the online encyclopedia Wikipedia the United States have the highest income per instant worked. This is the value of all final goods and services produced within a nation in a given year, divided by

You May Also Find These Documents Helpful

  • Satisfactory Essays

    China is a country that has been in development for the past few years. One of China’s main contributors to its growth is the United States’ companies that have stationed factories within China to avoid the higher costs of paying Americans for labor. Prince Industries is an example of a metal parts manufacturer that has outsourced to China for lower costs and thus higher profits. Companies also outsource to developed countries such as Hong Kong. Some of these companies would include: Microsoft, Nokia, Coca-Cola, Intel, and Walt Disney. Hong Kong has been outsourced to because its legal systems are preferable to China’s as well its as low cost tariffs towards foreign countries. The position of the island is ideal as well in the center of the Asia-Pacific land mass.…

    • 412 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    A single trip to Wal-Mart can show the power of China 's economy. The tags on most of the retail items in the store have the familiar "Made in China" stamp. By simply watching the news over the past decade, Americans know that the reason the U.S. imports so much of its merchandise from China is because Chinese companies can pay their workers far less to manufacture goods than American companies can.…

    • 1036 Words
    • 4 Pages
    Powerful Essays
  • Better Essays

    The author is a professor of business at the College of Business Administration at Texas State University. Based on his background, I expect the author’s presentation to be fair and unbiased.…

    • 1400 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Powell, M. Exworthy, M. and Berney, L. (2001) Playing the Game of Partnership, in Sykes, R. et al (2001)…

    • 6125 Words
    • 25 Pages
    Good Essays
  • Satisfactory Essays

    The international economic landscape has and is dominated by the United States. However a new player is emerging. China over the past couple of years has sprung onto the national scene. These two countries are the top exporters and importers in the world with around $7.5 trillion in goods traded, according to a 2012 WTO study. They are also some of the largest import or export partners between each other trading approximately $536 billion being exchanged between the two countries. As the United States and China move forward into the next couple of years analyzing the past trends will allow for smarter decisions to be made. The research included will be drawn from data around the last 15 years with more accurate data regarding sectors being added in the closer to present we present. Topics covered will be:…

    • 409 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Chinese Corporation

    • 312 Words
    • 2 Pages

    3. Will more Chinese companies make investments in the United States as opposed to China and the future? Fully explain and justify your choice. I believe that there will be an increase in Chinese companies making investments in the United States. For starters, it will help the companies’ international business relationship. To add, there are several stimulus packages the companies would qualify for (such as the economic tax credit) by doing business in America. Also, their profit would increase. The U.S. dollar is more than Yens. So, they would be making twice as much money in the U.S. on the same product sold in China at a cheaper rate. And, the cost to ship would decrease, because the companies would not have to pay duties on products being shipped within the United States. Therefore, it is beneficial for Chinese companies’ to invest in the…

    • 312 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Jinjian Garment Factory

    • 689 Words
    • 3 Pages

    1. At this time the piecework system seems to be the most appropriate earnings system for the employees in the region. There are over 1000 garment factories in the province that use this system as the norm. If Mr. Lou were to be the first to change this system, it could cause backlash and loss of the already rare and qualified employees.…

    • 689 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Corporate Law

    • 801 Words
    • 4 Pages

    A, B and C are long time friends from University days. They share common interests especially with respect to making money. A is a computer programmer for a bank, B is a chartered accountant and C a corporate lawyer. While having drinks after work one evening in May, A indicated that he had become disenchanted with the lack of challenge at his work. He is contemplating undertaking a radical change in direction in his career. He stated that he wants to take the plunge and set up a business but hasn’t come across the right opportunity. This entrepreneurial spirit excited B’s and C’s capitalistic notions. They discussed various business opportunities. At a subsequent meeting in June, A is besotted about an exciting new range of specialist computer products which cater only for accounting and legal firms. A informs B and C that this new range of products was recently released in the United States by a large computer manufacturer, D. It had taken the market by storm. D had just opened an Australian office in Sydney and A had befriended the Australian manager of D at a computing conference. The manager of D indicated that D was anxious to establish itself quickly in the Australian market. A was delirious. To get the exclusive South Australian distribution rights for these products was the business opportunity of a lifetime. However, he lacked the required finances. B and C’s greed for money soon had the three friends entering the following syndicate agreement:…

    • 801 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Shui Fabrics

    • 275 Words
    • 2 Pages

    1) How would you characterize the main economic legal-political and sociocultural difference influencing the relationship between the partners in Shui Fabrics? What GLOBE project dimensions would help you understand in Chinese and America perspectives illustrated in the case?…

    • 275 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Martin's Textiles

    • 1764 Words
    • 8 Pages

    The survival of Martin’s Textiles is very much in doubt with the enactment of the North American Free Trade Agreement (NAFTA), which would not only eliminate tariffs but also allow an increase in the quota for Canada and Mexico to ship textiles to the United States. Compounding the issue, Martin’s Textiles has been registering small losses the past several years and is in danger of losing major customers. Therefore, John Martin, CEO of Martin’s Textiles, has to decide whether to move production of his company to Mexico in order to lower labor costs or keep production in the United States, where the company has good labor relations with its employees. In regards to the dilemma that Martin’s Textiles face, I would recommend that the company move its production base to Mexico in order to lower labor costs and stay competitive within the industry.…

    • 1764 Words
    • 8 Pages
    Better Essays
  • Better Essays

    The Cagr Framework

    • 1666 Words
    • 6 Pages

    The CAGE Distance Framework The semi globalized state of the real world, in which borders continue to matter; the large differences arise at borders. The differences are in terms of the distances between countries along a variety of Cultural, Administrative / political, Geographic and Economic (CAGE) dimensions. As a result, the CAGE framework not only helps identify the key differences in particular settings; it also shows the insights into differences in differences by providing a basis for distinguishing countries that are relatively close, along the key dimensions, from those that are relatively far. The example of Google's difficulties in Russia and China, touches on all the components of the CAGE distance framework: • Cultural distance: Google's biggest problem in Russia seems to have been associated with a relatively difficult language. • Administrative distance: Google's difficulties in dealing with Chinese censorship reflect the difference between Chinese administrative and policy frameworks and those in its home country, the United States. • Geographic distance: Although Google's products can be digitized, it had trouble adapting to Russia from afar and has had to set up offices there. • Economic distance: The underdevelopment of payment infrastructure in Russia has been another handicap for Google relative to local rivals. A company that has been successful but has run into a great deal of trouble with distance is Wal-Mart, the world's largest enterprise in terms of sales. Wal-Mart failed to account for distance, several years ago, CEO Lee Scott was asked about Wal-Mart's international prospects. His response: "People said we would struggle when we left Arkansas and got to places like Alabama. We even hired a person to work on the cultural differences. Our business model has performed well at home, despite the skeptics, so it should also perform…

    • 1666 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Loren Seguara and Dale Johnson are employees at Sports Products Inc. which is a major producer of boating equipment and accessories for the last 20 years. Loren is a clerical assistant in the company’s accounting department and Dale is a packager in the company’s shipping department. While having lunch one day Dale and Loren discussed their concerns over the company’s declining stock prices even though profits have been rising. Dale pointed out that the packaging department works hard to be efficient and cost-effective, despite their efforts stock price dropped by $2 per share in a 9 month period. Loren added that she has seen documents that describe the company’s profit sharing plan and the only people benefiting from increased profits were the managers and that is not right considering the company has never paid-out dividends to its stockholders. That makes sense on why Sports Products Inc. is getting sued by the state and federal environmental officials. They are saving money on pollution control by dumping pollutants in the nearby stream in an effort to keep profits up. With all of these facts coming out, questions on the company’s priorities and values have come up. The first question in the Sports Products, Inc. case is:…

    • 886 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    This case shall try and analyze what factors may have caused this pull out to occur, what may be its consequences, and what we feel should be done, in order to reinstate trust and confidence – to make the joint venture a success.…

    • 1782 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    marketing channels pdf

    • 425 Words
    • 2 Pages

    4) How likely is it that the partnership will succeed over the long term? What will it take for…

    • 425 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    SILK

    • 321 Words
    • 2 Pages

    To provide road users the impression that KAJANG SILK HIGHWAY is a cost efficient, faster and better route.…

    • 321 Words
    • 2 Pages
    Satisfactory Essays