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.
(8/10) Andrew Mitchell believed that the best solution to resolving the dispute over the introduction of new technology was to close the UK factories and move production to a purpose built factory in China. Do you agree with this view? Justify your decision. (18 mark) One argument to suggest that Andrew was right in his decision was that before his plans were put into place Burkinshaws efficiency was beginning to decline. This means that the productivity of their workforce has been declining in comparison with their competitors.
However, the author, Zho Dan, is of the upper class of China and as such, his testimony do not tell how lower classes felt. Yet, in a time when Asian steppe nomads were invading northern China, Zhi Dun could have easily targeted Buddhism as a means of foreign corruption, but he does not. Document 3 counters the scrutiny of anti-Buddhism with logic. However, since the author is anonymous, his bias in this document is difficult to pinpoint, yet his role as a scholar certainly dictates a slight upper class bias, as in document 2. Documents 4 and 6 all discourage the spread of Buddhism in first century C. E. China.
There are various steps Bank of America should take in order to remain a segment leader. The first step Bank of America should take is to gain the support of the government by getting the Chinese people to understand the benefits of having credit a card. They should do surveys showing why Chinese customers not interested in credit card usage. They should also become very well acquainted with other banks that have already entered China to see how they became successful. The second process is to develop an infrastructure to have more atm’s and banks so they are easily accessible for the Chinese customers.
Then, Acer’s marketing and distribution was refocused on China’s fast growing market. Stan Shih’s tried to establish a solid market base in China so Acer can expand its’ company to the rest of the world. Shih’s knows that Acer needs to develop strong image in China because it has a poor image for the product there. Moreover, the government needs to support the local brand so the Company can improve their image in China. Although there is another concern which it has a competitor name Lenovo, a local brand name, Shih has already realized about China’s culture and what the people need.
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. For example, the DIY culture in the West was not well adapted in China as the Chinese customers preferred the finished products that they don’t have to worry about putting the components together. Ebay was solely operating under the assumption that the Chinese people would prefer it just because its brand image in the United States, therefore it made very little modifications that adjust itself to Chinese consumers’ preferences. As a result of that, it lost market shares to
Through examining the letter sent to King George III, it appears as though Qian Long is attempting to minimize his subjects’ exposure to foreign influences. Qian Long refutes King George’s attempt to enter China as he acknowledges the concern of British/Chinese trade. The rationale behind the attempt of King George III to plant European nationals in China was to exercise control over his country's trade. But Britain had been trading in Canton for many years, and was received well by Chinese traders. The Emperor rebuts King George’s approach with simple logic, saying “Peking is nearly two thousand miles from Canton, and at such a distance what possible control could any British representative exercise?” By slaying British attempts to justify penetration into China, Qian Long embodies power and prejudice while secluding his peoples and culture.
Between 1750 and 1900, China experienced changes in drug addiction, unequal treaties, and internal rebellions, while Confucianism and isolation of trade remained the same. In the 18th century, officials of the East India Company wanted to find alternatives to bullion to exchange for Chinese goods because they wanted increased profits. This resulted in the trade of opium. The East India Company grew opium in India and shipped it to China, where the company officials exchanged it for Chinese silver coin. Trade in opium was illegal, but it expanded because Chinese authorities made little effort to enforce the law.
Charles D’ Avenant, who is an English scholar, talks about trade with the East Indies and other Asian countries. He states that it can never be advisable for England with Asia because of their high demand from them, making the products to cost less in terms of silver (Document 8). Ralph Fitch, a British merchant, would also agree with this because he stated that the Portuguese bring back more than six hundred thousand coins worth of Chinese silver. Although it benefits Portugal, with the Japanese isolated and the economy of the Ming dynasty deteriorating, England has a high chance in becoming the powerhouse country (Document 4). With England becoming a powerhouse country, Ralph Fitch can see more money going into his paycheck.