Global Cultural Analysis: China
Contents Abstract 4 Introduction 5 Literature Review 5 Major dimensions and elements of culture in China 5 1.1.1 Major cultural dimensions in China 5 1.1.2 The cultural elements in China 8 The elements and dimensions integrated by locals conducting business…………..8
2.1.1 The integration of locals conducting business in China 9 How cultural elements in China compare to the US business and culture………...8
3.1.1 Customs....................................................................................................10
3.1.2 Government Elections…………………………………………………..11
Implications of US businesses wishing to invest in China 11 4.1.1 The importance of learning a foreign culture 11 4.1.2 Why local organizations invest in global markets 12 4.1.3 The necessary conditions for expansion into international market 13 Questions before investing………………………………………………………..14 5.1.1 Is the timig right…………………………………………………………..14 5.1.2 Scale of investment………………………………………………………..15 5.1.3 Ideal location……………………………………………………………...16 5.1.4 Exporting or Importing…………………………………………………...17 5.1.5 Use of intermediaries and their importance………………………………18 5.1.6 Market size………………………………………………………………..20 5.1.7 Environment………………………………………………………………20 Conclusion 21 Annotated bibliography 22 References 27
Abstract In this paper, I will focus on the cultural issues, which American investors wishing to venture into the Chinese market need to learn. It has been noted that different countries have different cultural backgrounds and organizations need to understand the culture, economy, and politics of a foreign country before venturing into that
2.1.1 The integration of locals conducting business in China 9 How cultural elements in China compare to the US business and culture………...8
3.1.1 Customs....................................................................................................10
3.1.2 Government Elections…………………………………………………..11
Implications of US businesses wishing to invest in China 11 4.1.1 The importance of learning a foreign culture 11 4.1.2 Why local organizations invest in global markets 12 4.1.3 The necessary conditions for expansion into international market 13 Questions before investing………………………………………………………..14 5.1.1 Is the timig right…………………………………………………………..14 5.1.2 Scale of investment………………………………………………………..15 5.1.3 Ideal location……………………………………………………………...16 5.1.4 Exporting or Importing…………………………………………………...17 5.1.5 Use of intermediaries and their importance………………………………18 5.1.6 Market size………………………………………………………………..20 5.1.7 Environment………………………………………………………………20 Conclusion 21 Annotated bibliography 22 References 27
Abstract In this paper, I will focus on the cultural issues, which American investors wishing to venture into the Chinese market need to learn. It has been noted that different countries have different cultural backgrounds and organizations need to understand the culture, economy, and politics of a foreign country before venturing into that