Business in Asia

Topics: Economics, Economic system, Business process Pages: 9 (2085 words) Published: May 16, 2014
MGN 444
Business in Asia
Research Report
Assignment No. 1

Table of Contents
Abstract...................................................................................................................1 Introduction.............................................................................................................1 1. Business process

1.1 Definition and types of business process.....................................................1 1.2 Components of business process.................................................................2 2. Political economy................................................................................................2 3. The impact of political economy on business process in China 3.1 ideology aspect.............................................................................................3 3.2 style aspect...................................................................................................3 3.3 society aspect...............................................................................................4 3.4 government aspect.......................................................................................4 Conclusion..............................................................................................................5 List of references....................................................................................................6

Abstract
The purpose of this report is to discuss the influence of political economy on business process in China. The background of business process and political economy has been describe in this report. Political economy plays an important role in China's economy because of its Socialism nature. An analysis was undertaken of business process affected by political economy in some parts. It indicates that business process in China might be influenced by the change of political economy on ideology, society, style and government strategy.

Introduction
A common strategy for current manufactures is to introduce business process into their production progress and adjust to this system based on their capability. On the other hand, political economy is always an important part comprised in economic system, especially in China. The aim of this report is to examine the relationship between political economy and business process in China. This report will first describe the characteristics of business process and political economy. It will then present how does political economy impact on business process in China and conclude on its effectiveness.

1. Business process
1.1 Definition and types of business process
Business process is a interaction which transform inputs into outputs. As Davenport (1993, p.5) concluded that business process is "a structured, measured set of activities designed to produce a specified output for a particular customer or market". It often integrates several different parts in one process and regarded as flowchart.

Money flow and material flow
information flow
Business process has 3 types:
1. Management processes, the process which control the whole system. For instance, the strategy and cooperation. 2. Operational processes, the process is the important part during production procedure. Including  purchasing, manufacturing, advertising and marketing, and sales. 3. Supporting processes, which support the operation of process. Including accounting, recruitment, technical support. Business process combines activities from manufacture to sale. Business process can be broken down into several sub-processes, they have their own properties, but also conducive to achieving the goal. Moreover, Business Process is used to make profit for the clients and any activities lack of efficiency should be eliminated. A well-designed business process can help customers increase efficiency on adding value and controlling...
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