Advantage of internet in doing business Convenience Reduced or no face to face contact with the customer. The business schedules time for customer response rather than being at the demand of the customer ‚ as in telephone or face-to-face contact Business can attend to their customers at any time‚ not just during normal trading hours Via social network‚ business can not only communicate with customers quickly but also retrieve customers’ feedback immediately and directly. Savings No shop
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society.” Potential cultural issues: o Difference in cultural habits and norms. Space. Space is perceived differently. Americans will feel crowded where people from more densely populated countries in Europe will be comfortable. Time. Monochronic cultures tend to value precise scheduling and doing one thing at a time; in polychronic cultures‚ in contrast‚ promptness is valued less‚ and multiple tasks may be performed simultaneously. US and most European countries are monochromic. Etiquette. Some
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Challenges and Advantages of Doing Business in China With China emerging as a global power in business within the last decade‚ knowing about doing business in China has become more important than ever. There are both many advantanges and challenges with doing business in China in this modern era‚ and understanding both sides of this coin is the key to being successful in China. Some aspects to keep in mind include the cultural barrier‚ the price of the work force in China compared to the United
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ASSIGNMENT Kraft Food Inc. SM0376 Doing Business in Europe‚ Asia and the Americas Northumbria University Presented by 09 January 2011 NU Student Number: 11035717 SHAPE Student Number: 117011424 Table of Contents PART A 1 Question 1 1.1 Defining Partnership…………………………………………………...…5 1.2 Advantages of Kraft chooses Cadbury as a partner……………………...….5 2 Question 2 2.1 Potential risks of this acquisition………………………………………….6 2.2 Impacts
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Introduction Twelve years ago‚ the notorious case of Enron attracted people’s attention on business ethic. Until now‚ some issues are still worth pondering. This essay is going to argue the issues that raised by the case in terms of managing and making decisions in business ethics‚ and the corporate citizen and its stakeholders. Enron‚ the world’s largest energy trader‚ went bankrupt in a short period. It is not hard to discover when search further into the case that the collapse of the entity
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SEMINAR IN INTERNATIONAL BUSINESS ASSIGNMENT (2) DOING BUSINESS IN CHINA DOING BUSINESS IN CHINA Despite the economic developments in major parts of the country‚ and modern Chinese people’s increasing appetite on adopting western styles of living‚ China is still a country with a very special character of its own. Most first time visitors to the grand old empire will without doubt find the Chinese mentality‚ culture‚ and not forgetting the food‚ exciting but also challenging and sometimes
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Doing business in the UK: . General considerations . Reglations . Employment in the UK General considerations What makes the UK through centuries‚ decades and years the world’s most leading investment destinations for internationally dynamic business? 1. The easiest place to set up and run a business in Europe: Surveys suggest that the UK is the easiest place in all of Europe for setting up and running a business. According to a recent study by the World Bank‚ it takes approximately 13
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PROFESSOR: JUAN ESPANA STUDENT: TIFFANY NGUYEN MGT 680 INT’ BUSINESS EXPERIENCE CHINA STUDY TOUR MARCH 2008 NATIONAL UNIVERSITY Chinese culture and doing business in China TABLE OF CONTENT PHASE 1: RESEARCH THE HOST COUNTRY CHINA • Facts about China page 3-21 PHASE 2: EXPERIENCE IN THE HOST COUNTRY • China in person page 22-49 PHASE 3: FINAL REPORT • Reflection and conclusion page 50-64 PHASE I FACTS ABOUT CHINA: Total Land Area:
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Doing Business in China- A Legal Perspective [pic] [pic][pic] Introduction One of the oldest legal systems in the world is Chinese law. The Chinese Legal system is made up of Confucianism and Legalism. Confucianism is based on the Confucian philosophy of social control and moral education‚ and legalism based on codified law and criminal sanction. Since the 20th-21st century Chinese law became a mix of both traditional Chinese and western approaches. Even till this day
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Doing Business in Russia: 2013 Country Commercial Guide for U.S. Companies INTERNATIONAL COPYRIGHT‚ U.S. & FOREIGN COMMERCIAL SERVICE AND U.S. DEPARTMENT OF STATE‚ 2010. ALL RIGHTS RESERVED OUTSIDE OF THE UNITED STATES. • • • • • • • • • • Chapter 1: Doing Business in Russia Chapter 2: Political and Economic Environment Chapter 3: Selling U.S. Products and Services Chapter 4: Leading Sectors for U.S. Export and Investment Chapter 5: Trade Regulations‚ Customs and Standards Chapter 6: Investment
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