The East is East and the West is West! China is the one of the largest countries in the world. As to population China is the first country in the world. China is a great country. China has a recorded history of nearly four thousand years. Key Issues What is “culture”? Substantial differences among societies arise from cultural differences Culture differences are related to social structure‚ religion‚ language‚ education‚ economic and political philosophy “Culture” and workplace values are
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ENFORCEMENT OF A FOREIGN ARBITRAL AWARD IN CHINA: ISSUES‚ CRITICISMS‚ AND PRACTICAL SOLUTIONS 1.) INTRODUCTION The lack of enforcement of a foreign award in China is frequently pointed out in arbitrational issues . Similar to arbitration systems worldwide‚ the arbitration committee is not empowered to enforce the award. The step of enforcement are to be done via the courts. As a result‚ the prevailing party most often must apply to a court to have the award recognized and enforced. Foreign
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Mkg203 Marketing segmentation Market segmentation is the process that dividing a market into different subgroup based on the customer’s needs and wants or characteristics and to gain a competitive advantage within the segments (Schiffman‚ Bendall‚ O’Cass‚ Paladino‚ Ward‚ & Kanuk 2008‚ p.30). The strategy of market segmentation had been widely adopted in global countries such as China and Australia. Demographic segmentation: Demographic segmentation variables involve age‚ sex‚ marital status
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Nokia Mobile Phones & the Chinese Market – Managing Culturally Based Strategic Nets Jan-Åke Törnroos Åbo Akademi University Department of Business Administration Henriksgatan 7‚ FIN-20500 Åbo‚ Finland. Phone +358-2-2153266‚ Fax: +358-2-2154806 jtornroo@abo.fi Abstract In the new global world economy the telecom sector has a central role to play. In the virtualised marketplace Mobile Phones have since the mid-1990s had a tremendous growth curve and spread across the global Triad. The emergence
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| |Guanxi: Throughout much of Chinese history‚ the fundamental glue that has held society | |together is the concept of guanxi‚ relationships between people. Today this means who you | |know and what these people believe their obligations are to you. With a good network of | |contacts in China‚ almost anything can be accomplished. Guanxi is how things get done. | |
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and traditions. She has been attracting foreigners to invest as there are plentiful resources and labour market‚ which are crucial in business dealings. Besides the factors that are mentioned above‚ other factors play essential roles as well. Guanxi and Mianzi are the foremost factors that Chinese businessmen take into account. Other factors include preparation for Chinese business meetings‚ knowledge of the Chinese Lijie‚ such as non-verbal communication and social relationships. Also‚ the Chinese
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Hotel This case looks at the take over the Roaring Dragon Hotel (RDH) which is located in south west China‚ and was one of the original three star hotel and is a state owned enterprise. RDH is very rich in culture and the employees relied on their guanxi or connections. Having secured employment‚ RDH employees felt excited and very proud (Grainger‚ 2008). The RDH management practiced a planned economy which basically gives the government total control over everything from distribution and pricing
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Chinese psychology (pp.280-293). Hong Kong: Oxford University Press. Illman‚ P. E. (1980). Developing overseas managers-and managers overseas. NY: AMACOM. Hackley C. A.‚ & Dong‚ Q. W. (2001) American public relations networking encounters China’s Guanxi. Public Relations Quarterly‚ 46‚ 16-19. Harris‚ P.‚ & Moran‚ R. R. (1988). Managing cultural differences. Houston‚ Texas: Gulf. Harzing‚ A. W. (1995). The persistent myth of high expatriate failure rates. The International Journal of Human Resource
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Introduction In the business world today‚ borders are blending and multi-national mergers are causing many company nationalities to become indistinct. As the globalization of markets rapidly increases‚ many companies are finding international expansion a necessity of competition. The world is greatly affected by this movement towards a global market‚ and many companies are finding it extremely important to adapt to other cultures. The most considerable obstructions to successful international marketing
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Contents Introduction 1 Section 1 – Company Background 2 Section 2 – Description of the Problems 3 Section 3 – Analysis of the Problems 4 3.1 Communication Issues 4 3.2 Lack of Motivation 6 Section 4 – Resolution 8 4.1 Creating ‘Guanxi’ 8 4.2 Having an Upward and Downward Communication Flow 9 4.3 Giving value to Intrinsic Rewards and Empowering Employees 10 Conclusion 12 References 12 Introduction The purpose of this report is to discuss some issues organisations face
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