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.
Innovation and Change Chantelé Shaw QHT1 Task 3 Innovation and Change Student # 000258452 6/15/13 1|Page Innovation and Change The Concept of Innovation in Business Entrepreneurs use innovation as a tool to exploit change and take that opportunity to show a new business style or service. Innovation can be learned and practiced as it is a discipline. However there needs to be a sense of purpose when entrepreneurs are searching for their sources of innovation. Once the sources are found they will need to learn how to successfully apply those principles. Business opportunities are chances to do things better and differently.
BMW TAPS THE EMERGING CHINESE LUXURY MARKET 1) There is often a natural tendency to assume that in collectivist cultures such as that in China, luxury products would not be popular. a) Explain how luxury products such as the BMW automobile might fulfill needs even within the traditional collectivist value set of China. Luxury products and brands are important to consumers in both individualistic and collectivistic cultures. The changes in traditional values are happening in developing countries such as China, particularly among the wealthy, young, urban set. Thus, companies can and do successfully use self-expressive and individualistic marketing messages even within China.
What long-term strategy should Wal-Mart adopt in China? What Should Wal-Mart Do? Although the continued market expansion into China may seem desirable, Wal-Mart should slow expansion in China until infrastructure expands to support its unique distribution system. China’s under-developed highway network severely hampers Wal-Mart’s effort for efficient distribution. Instead of ending operations, it is important for Wal-Mart to remain a viable competitor in the Chinese market and not completely abandon its foothold gained thus far.
Being an educated or skilled immigrant would most likely mean that the steps to naturalization, as in the mandatory costs and testing, would be less of a challenge to fulfill. In Chapter four of the text Racial and Ethnic Groups (REG), it states that “The brain drain is the immigration to the United States of skilled workers, professionals, and technicians who are desperately needed by their home countries.”(REG, chapter four, p. 103) This would cause some reluctance in my decision to migrate to America from China. The fact that I would be possibly taking away something that benefits my native country could cause some second thought. This may not be a major factor if the political system in China had a negative effect on my economic advancement. The same could be said if I was looking for an education in America and eventually decided to stay instead of returning to China because of the lack of opportunity for growth.
China has articulately stated that the freedom of speech shall be limited under the governance of laws. (Barry Par3)Any speech that has the intention of threatening the stability of society shall be penalized. But the opposing opinions insisted that there is no direct linkage between stability and free speech. As a result one of the controversies was raised on whether the freedom of speech has the potential threat against stability, causing hazardous unrest in the society. However, by looking back the history, we can make a responsible conclusion that the liberalization of speech can neither jeopardize the stability, nor undermine the nation.
What is different between USA and Chinese’s business? Even people who speak the same language often misunderstand each other. To understand why that occurs, it is important to know some of the major differences underlying how people in the two cultures think. A common mistake business people make before going overseas is not making an effort to understand the basics, such as how to make a positive first impression. These first impressions are based on etiquette and greeting rituals that vary for different countries.
This makes it difficult to know for certain what exactly what went wrong and why. Any analysis requires reliance on speculation and raises as many, if not more, questions than it answers. It is still worth looking into because it shows some important points that other companies can learn from. Background Caterpillar has had difficulty establishing a position in China comparable to its position in the rest of the world. In order to grow its operations China, Caterpillar decided to take a route that has proven successful for many MNCs operating in the PRC and use M&A rather than build things from scratch.
Executive Summary Shanghai Tang, a luxury brand emerging from China faces a common problem, not just restricted to fashion industry, where creative aspirations and commercial imperatives collide. The key elements of the case study are creativity, leadership and organizational behavior. The conflict between the designers and business managers over the fact that the company’s creativity doesn’t serve the need of the market signifies the lack of leadership prowess on Le Masne’s part, which has led to tension between the designers and business managers. Moreover, to add fuel to fire in addition to global economic downturn, Joanne Ooi the creative director and the epicenter of creative direction of Shanghai Tang is leaving the company. The heavy dependence on retail stores leads to widespread availability of counterfeits which provides a unique challenge and directs towards the importance of having own-stores to ensure the legitimacy of the products.
introduction to new media | GOOGLE GLASS | Positive and Negative Impacts | | Kenneth Beda & Hanan Alotaibi | | This essay explains our views of the possible impacts that the Google glass project will have on our society, technology, culture and economy. | Contents Potential impact on Society 1 Potential impact on Economy 2 Potential Impact on Technology 2 Potential impact on Culture 3 IMPACTS OF GOOGLE GLASS Potential Impact on Society The arrival of smart specs will likely have both a positive and a negative impact on society. On the positive side, wearers of the glasses will be able to gather information when and where ever it is needed, particularly when they are unable to use their hands. Most prominent of the probable effects the Google Glass would have on society is the enhanced usability, the idea behind Google Glass is to make using a computer and in particular social networking and browsing the internet a simple and quick task which can be done anywhere and at any time. The simple movement of head tilting and voice command needed in order to interact with the Google Glass allows anyone using the equipment to navigate in a way which flows with little effort.