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.
The stress of the audit partner is tremendous and choosing that profession is one that I would prefer not to undertake. The anxiety and pressure to certify that a company’s financial records are in good standing can be daunting. 3.) Independent auditors are sometimes perceived as the “necessary evil” by corporate executives because of the possibility of exposing corruption. To change this point of view an auditor can try to explain their intent to educate and improve the company’s policies, which can in turn lower costs.
• How is Shanzhai a unique product of Chinese culture and social attitudes? - Showcases the rebellious attitudes Chinese people have had through their history. - One that “ operates a business without observing the tradition rules or practices, often resulting innovative and unusual products or business models” - Value is important as opposed to simply brand - need for uniqueness or customization by the people • Why is Shanzhai process hard for westerners to understand? - The process involves a lot of trust in the supply chain while creating products. - Western developers spend a lot of time creating a prototype, where as Shanzai process is based on popular trends through theword of mouth - Proper legal channels are also important for westerners, an aspect disregarded by shanzai developers • What characteristics are critical to the success of Shanzhai handset companies?
The shaven beard example in the simulation uncovered a conflict between the rules of the company and religion expression. The example regarding the beard may not always be acceptable in certain situations, and a company may have to make some adjustments to deal with particular situations that arise. These adjustments could make it easier to comply with the foreign country’s requirements and make conducting business in that country more pleasant. This also helps to protect companies against any claims of discrimination. International problems regarding business law, in this week’s simulation, are similar to those presented in week one’s reading regarding domestic issues of business
The subordinates are obliged to obey the superior’s orders. However the corporate values of Pharmaz headquarter differs as it practices empowerment whereby employees can executive certain decisions independently with less orders given. However in the Indian context, employees feels that empowerment are of too much expectations of them and feels that it is an indication of their work not being important, thus would not get the work done. Neils, an expatriate, who took up the finance director position in India, had different
These two contradictory business negotiations and cultural differences between countries and thus caused inconvenience to bring the negotiation process was affecting each other. Therefore, this progress report is going to discuss the differences between Japan and American, and try to give some suggested recommendations aimed to solve the problems in commercial activates. 2. Differences between Japan and American 2.1 national culture difference As is known, Japan is an island country, ancient time was influenced by Chinese Confucian thought, formed a national unique isolation from outside
By the late 1960’s, the relatively recent established relationship between the USSR and China had deteriorated to the extent that disagreements resulted in armed conflicts. It is believed that this is due to the ideological differences between the two nations. The two leaders of the communist states, Mao and Khrushchev, were both in different depths of the Cold War, to such a point where Khrushchev was hoping for peaceful co-existence, while Mao thought of that as a betrayal. On the other hand, there are many other factors with may contribute to the breakdown in relations, such as their individual personalities and the cooperation of the USA. But which factor played the greatest role in the breakdown of Sino-Soviet relations in the late 1960’s?
If this is an acceptable form of payment, how might you ensure that it is ethically sound and that no power differential exists between you and the client? According to licensing boards, Consumer protection agencies, risk management experts, and ethics committees, fair exchange bartering (all bartering for that matter) is largely frowned upon, as there is the potential to create power disparity (power differential) between the councilor and client (Zur, 2011). Moreover, there is a heightened potential for disclosure concerns, boundary
Once Lawson went to Sink, it place him in a troublesome position. Since if Sink affirmed the configuration it wouldn't look great. Despite the fact that Vandivier did show the act of groupthink, the fault was continually pushed off to an alternate in this organization emergency. Vandivier was exceeding the expenses of his individual life profits family life vs. business profits when deciding his bearing of morals and choices. Disappointment of correspondence inside workers and offices was hindering and subsequently the authoritative standards ought to be modified inside the partnership.
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.