Contrast the culture of china and united states

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1) Firm's with competitive advantage based on technological know-how, should avoid licensing and joint ventures. Explain why.

2) Imagine you are a top manager of a multinational company headquartered in United States. Your company is seeking new markets at China. As a result, your company has asked you to assess the cultural differences between China and United States. Use Hofstede's cultural dimensions to compare and contrast the culture of China and United States.

3) "Globalization erodes standards of living and ruins ways of life. Specifically, globalization eliminates jobs and lowers wages in developed countries and exploits workers in developing countries".

Reference no: EM132851941

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