INTRODUCTION Global corporate citizenship is progressively more important in today’s world as companies have a better understanding how it affects their business, brand and ultimately bottom line. A few years ago, a few different developments, mostly in China, have exposed the severe conditions that third-world workers have been withstanding. Apple’s demonstration of good global corporate citizenship over the years has shown an exemplary path for others to follow. Do you think that Apple has demonstrated global corporate citizenship, as defined in this chapter? Why or why not?
To address this challenge ASIMCO introduced the ‘New China’ strategy. The ‘New China’ Strategy entailed hiring local managers that understood both local and global practices. These managers were accepting of new challenges were selected from middle management levels. The immediate effect of this strategy was the elimination of undesirable elements from within ASIMCO’s joint venture companies followed by a vast improvement in the performance of its companies. An additional benefit was that ASIMCO was able to consolidate its position in China by transforming from an investment corporation that owned a portfolio of auto component manufacturing companies to having operational and management control of it JV companies.
“Unions in China: A View from a Canadian Unionist.” The Socialist Project. 26-29. Walmartstores.com. “History Timeline.” accessed October 24, 2010. http://walmartstores.com/ aboutus/7603.aspx. ----------------------- Notes [i] “Wal-Mart to Allow Unions in China,” The Washington Post, accessed October 26.
Global Supply Chain Management and Strategic Sourcing Case Study Questions Question 1: Based on the risk factors associated with the Bugabyte and the Bugabyte Lite, which product do you think Grunwald and Vogel will recommend as the best candidate for assembly outsourcing? This case study is embedded on procurement management and global sourcing. This is supported by the move of Metrovox outsource various functions from suppliers in China where it purchases the components of both Bugabyte Lite and Bugabyte for its assembly plant in Germany. In an effort to maintain its market position and competitive advantage, Metrovox was compelled to improve its previous product-Bugabyte by developing video capability. The new development had great impact on production such that it was delayed thus delaying delivery of the product by 30 percent.
eBay first entered China by acquiring a minority stake in EachNet. What are the advantages and disadvantages of this method of market entry? One of the most significant advantage of this method of market entry is that when a foreign company decides to acquire a Chinese domestic company, it needs to learn not only the internal structure of the company, its business segments, its original value propositions to the domestic customers, but also its core competencies in competing domestically. Therefore when acquiring a domestic company such as Eachnet, eBay did a good job of not rushing to take over the company and run it as if it is competing in the US market, instead it let the company continue its business model and operations. However, as mentioned in the case, “senior management had not felt respected by their US headquarters, which had not given them enough autonomy and had directed the from afar instead”, it seemed like as time progressed, Ebay started taking too much control over the company without fully learning the consumer behaviors, nor the significance of cultural differences between China and United States.
More and more companies are doing business in China due to the lower production costs. When doing business in a different country, they could have some policies and regulations that are different than the ones in the United States. They are many officials in these countries that will take a bribe in order to ensure a fast turnaround time in order for your company to receive a license. The Foreign Corrupt Practices Act of 1977 (FCPA) was empowered by the United States to investigate allegations of bribery anywhere in the world and are stepping up their activities in China (Roberts 2010). Technically, China does have some laws against taking bribes but there is a fine line between bribes and gift giving.
China’s culture is founded upon Confucian and Maoist, rather than capitalist, which impacts ethical decisions made by Chinese business leaders (Fok, Hartman, & Kwong, 2005). Jamaica’s heritage is capitalist and it is a low uncertainty avoidance country which means the country is open to changes in pressures to industrialize more so that other cultures. The country’s eagerness to develop could have an impact on how ethical its business leaders are, when it concerns making decisions that affect financial, environmental, and cultural issues (Fok, Hartman, & Kwong, 2005). The results of the study show that when the
In order for Kudler Fine Foods to develop a functioning frequent shopper program, it must track and monitor consumers shopping behavior. The drive of market research is to collect data on consumers and prospective consumers. The collected statistics support business decision making, which therefore diminishes the risks involved in making these conclusions. This type of research would also benefit the consumer by lowering the cost on items bought most, while giving them personalized incentives to return. As a result, legal matters concerning privacy of the consumer has risen and established far more attention.
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.
Is Mr. David Tang a pioneer? Or is he just a dreamer? In this analysis report, I will separate all these arguments into four parts: the company’s activities and current development; comparison of competitors’ strategies and tactics; intercultural issues and costumer behaviour in the luxury industry, especially Chinese market; recommendations and alternative solutions for Shanghai Tang’s future strategies. In this report, I will focus on the two most important factors: “inter Culture” and “luxury”, which will impact on the future strategies of Shanghai Tang, and I will defend my standpoints by analyzing the environment of luxury industry and cultural context in China. 2.