This paper is an analysis of culture within Taiwan. It will focus on how different cultural elements and dimensions effect and influence business in Taiwan. This paper will also look into the implications for businesses from the United States seeking to conduct business within Taiwan. Taiwan has a unique blend of traditional Chinese cultural as well as modern Western influences. It is an open and welcoming culture and one that plays an important role in the East Asian economy.
Global Business Cultural Analysis: Taiwan
Introduction to Taiwan Taiwan is a small island country located off the east coast of China in Asia. Also known as the Republic of China (ROC), it is the place where the ROC settled after losing control of mainland China to the People’s Republic of China (PRC). Taiwan’s population is made up of mostly Han Chinese with a few other Chinese ethnic groups and a smaller number of aboriginal tribes. The official language spoken in Taiwan is Mandarin Chinese; however, about 70% of people in Taiwan speak both Mandarin and a dialect known as Taiwanese. Another dialect call Hakka is spoken by about 15% of the population and the aboriginals have several other dialects as well (Deaton & Paxson, 2000).
Taiwan has unique political status because of their strained relationship with China. At present, the PRC claims it has control over Taiwan and its territories, even though the PRC has never has exercised any governmental control over those regions. China has threatened to put political pressure on any country wanting to officially recognize Taiwan as a sovereign nation, which has led many countries, including the United States, to only recognize Taiwan in an unofficial capacity. These countries, while still doing business with Taiwan, are forced to only officially recognize China, thereby reducing Taiwan’s global influence (Friedberg, 2005).
On the economic front, Taiwan has done very well in the past few years, experiencing rapid economic
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