Special consideration was given pertaining to legal action because CardMex was operating in a foreign country. If local customs and laws conflict with the foreign organization operation the local law and customs should prevail because the contract based from there. For example, the United States does business with China. If the United States companies have uniforms, but they are operating out of China and the Chinese want to wear the traditional attired to work. If there is an issue the Chinese should win because the United States are operating out of China, and it is a part of their cultural.
Gap Analysis: Riordan Riordan Manufacturing opened a production facility in China. Because it flourished, Riordan's CEO wanted to add another facility. By adding another facility, Michael Riordan hopes to provide the company with additional international opportunities. The competition in China results in a lack of skilled labor; however, labor from nearby countries is available to Riordan Manufacturing. Using workers from these other countries requires Riordan Manufacturing to consider cross-cultural issues.
China was completely contrary from Central Africa on economic, political, and cultural bases during the 1500-1800. From 1000-1500 China led the world in economic development and there after experiencing the trauma of rule by the Yuan Dynasty, China adopted policies that favoured Chinese political and cultural tradition. On the other hand, the kingdoms of central Africa had initiated commercial relations with Portuguese merchants and diplomatic relations with Portuguese monarchy. Portuguese traded for slaves and slave trade undetermined the authority of the King. The Kings were converts of Christianity just to establish closer relations with Portuguese whereas Chinese has great problems with the exclusivity of Christianity but the Jesuits were respectful of Chinese culture and won a few converts.
Hiringthe foreign workers may interfere with the policies of China¶s political and legal environment.Prior to Riordan¶s plans to expand the facility in Hangzhou and hire additional foreignworkers, the management should consider the political and legal climates of China to eliminateinterference with the goals of the company. China is a communist state but embraces a freemarket economy (Hodgetts, Luthans, & Doh, 2005). Presently the political environment is stablein comparison to Latin America or the Middle East (Hodgetts, Luthans, & Doh, 2005). However,Riordan needs to investigate thoroughly the legal and regulatory aspects of expanding the facilityand hiring foreign workers in China.The legal and regulatory environment in China needs investigating. Planning to expandthe Hangzhou facility must be approved by the government.
For a big country like China, one important thing is being responsible to the world. Decreasing the domestic population presses is the currency duty for China. Even though the one-child policy causes some negative effects, but currently it is an effective way for the population of
China's strong and effective state machinery has been modernized and effective tool for mobilizing resources. China is able to pour huge amounts of state money, in the development of new industries and great infrastructure. China also has 1.3 billion people, and because their state-led economic growth has superior manufacturing advantages. It
Lastly, how to reduce the economic gap between coastal regions and inner periphery? In other words, we can learn that this kind of economic of development is not good for China from the texts. In order to know how China’s coastal cities are developing better than inner periphery region, we have to study the open-door policy under Deng’s leadership. “By opening its Pacific Rim to market forces, by exploiting its huge working class, and by encouraging millions of Overseas Chinese…to invest money in their homeland” (Blij 374). This quote is the best interpretation of the Special Economic Zone’s features.
Money is what makes the world turn and it’s exactly what china has. China primarily gets its money from its huge exporting business all over the world. Everywhere you see it says made in china it was made and bought from china giving them more money. Not only has this but America owes china a lot of money from are “issues” that we had and they could pull this card anytime they want and ask for their money. This money could be used to fund next generation equipment for their military technology and even for society.
In this essay, I will be writing about some positive and negative perspectives caused by international trade based on the three sources given. Trade with China can act as an immense opportunity or as a threat to our country. Kenichi Ohmae, a Japanese business consultant, stated, “China is a threat, China is a customer, China is an opportunity.” China is a massive part of economic globalization. It has the fastest and second largest
In The Price of Aid, directed by Jihan el Tahri, an examination of the international food relief distribution’s politics and the effects it has on African nations is portrayed as profound, yet startling. In this film, it is argued that giving federal aid is “good and charitable” for the United States, but creates “less visible and more destructive” problems for other countries such as Zambia. This film demonstrates how destructive giving aid is not always beneficial, especially when the assistance is not needed. In the film, Zambia is conceived as a poor country in need but the officials of Zambia do not want the help from the United States. In fact, unnecessary aid can make multiple countries collapse because the aid is being “forced” upon the countries by the United States (Tahri,