Culturally acceptable business practices in china

Assignment Help Other Subject

Reference no: EM13135698

What are the potential issues/major barriers to effective communications and negotiations between the US firm and the foreign supplier?

When East meets West the potential for misunderstandings, miscommunication and conflict is very real and almost unavoidable. Chinese culture, as is true in most eastern societies, values relationships, tradition and formality. American culture, on the other hand values individualism, innovation and the ability to improvise. The desire of businesses to expand operations in China makes great economic sense. However, it is a desire that can easily turn into regret if a good strategy is not thought through and implemented. Potential barriers to effective communication and negotiations must be identified and analyzed.

One obvious barrier is language. More than likely Mandarin Chinese will be the vernacular language. American businessmen might automatically assume that the Chinese businesses they desire to partner with will learn English. Not only is this assumption arrogant it can also cause massive problems in clear communication, clear understanding of basic values and beliefs the parent company and effective implementation of operations.

Reference no: EM13135698

Questions Cloud

Calculate the frequency in s-1 of the photon : A mole of photons in the blue visible region of the electromagnetic spectrum has an energy of 2.54 × 10 2 kJ/mol, calculate the frequency in s-1 of the photon.

What was the net income of the financial brokers partnership : Shue, a partner in the Financial Broker Partnership, has a 30% share in partnership profits and losses. Shue's capital account had a net decrease of $100,000 during 2003. During 2003, Shue withdrew $240,000 as withdrawals and contributed equipment..

Capitalize and depreciate them over the estimated life : The proper accounting for these restoration costs is: Expense them as incurred. Capitalize and depreciate them over the estimated life of the mine. Add them into the depletion base of the mine.

Action can manifest into unethical behaviors : How in some situations individuals are ruled by impulse over reason and explain how this action can manifest into unethical behaviors.

Culturally acceptable business practices in china : When East meets West the potential for misunderstandings, miscommunication and conflict is very real and almost unavoidable. Chinese culture, as is true in most eastern societies, values relationships, tradition and formality.

Problem regarding consolidated return : The Alpha-Beta affiliated group has a consolidated regular tax amount of $52,000 and a tentative minimum tax amount of $50,000 in the current year. The maximum general business credit that can be used on the consolidated return is:

Calculate the energy in kj/mol : Calculate the energy in kJ/mol of a mol of photons in the gamma ray region of the electromagnetic spectrum that has a wavelength of 4.13 pm. Express answer in scientific notation.

Compare and contrast sole proprietorships and partnerships : Compare and contrast sole proprietorships and partnerships - organization, operation and taxation. Be sure to organize your answer so that you address each of the aspects of this question - organization, operation and taxation - completely for eac..

What would be the effect on the company overall net : What would be the effect on the company's overall net operating income if product L28N were dropped?

User Account

All Pages