I have faced many challenges in my life. The one I felt the most challenging one is when I moved to the United States from China. There are many differences between the life in these two countries. Different languages‚ weather‚ currency‚ culture‚ more and more. It was very hard for me to adopt all these differences in a short time‚ so I became dejected and intended to go back to China. But my father encourages me a lot that I went through all these challenges and stayed in united states. It is very
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Why do we want to do business in China? The answer is simple. We are still in a recession‚ and our unemployment rate is high. We have to explore alterative market to make money. What makes China an attractive market? China is attractive because there is big money to be made. [pic] Figure 1 Comparing Population of US and China in Millions China is the second largest economy in the world (Barboza‚ 2010) with 1.3 billion in population. That is more than four times the
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1 Government-Business Relations in Greater China and Challenges for Public Administration Abstract This paper examines the development of government-business relations in China‚ Hong Kong‚ and Taiwan and identifies important managerial issues from the Chinese experience. The paper first introduces theoretical concepts about the role of government in economic development and arguments about business promotion and government regulation policies. It then reviews economic development in the
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paper seeks to identify how this has affected way of doing business by multinational organization by looking and four aspects‚ which are cultural differences‚ ethical issues‚ strategy and industrial or business. 1 1. CULTURAL DIFFERENCES Culture plays a very important aspect in various aspects of business especially for multinational corporations (MNC) operation on a global level. Cultural variations affect the way a firm conducts its business in different geographical regions and around different
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Dr. M. Al Amri &Co. Doing Business in Saudi Arabia Dr. M. Al Amri &Co. DOING BUSINESS IN SAUDI ARABIA Contents ________________________________________________ Page Preface General Information Geography and climate Population and language Government Currency and foreign exchange regulations The calendar and international time zone Business hours Public holidays 1 The Economy General Basic resources Principal industries Banks Other financial institutions Stock exchange
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internet in doing business Convenience Reduced or no face to face contact with the customer. The business schedules time for customer response rather than being at the demand of the customer ‚ as in telephone or face-to-face contact Business can attend to their customers at any time‚ not just during normal trading hours Via social network‚ business can not only communicate with customers quickly but also retrieve customers’ feedback immediately and directly. Savings No shop rent if business is only
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Executive Summary In order to successfully introduce a product into a foreign market it is important to know the culture of the country you plan to do business in. In order to introduce mobile handsets into a market like Venezuela‚ the supplier must be well acclimated with the purchasing habits‚ tastes‚ and willingness to purchase the product that is being sold. Understanding these things starts with building a knowledge base about the major aspects of the culture and your target consumer. With
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evaluation of the way Levendary Cafe has entered the China market? The entrance of china was more opportunistic expansion rather than strategic. The huge population of 1.4 billion people and annual GDP growth of 14.5% over the past decade‚ China’s urban population rise from 36.2% of the total in 2000 to 46.6% in 2009‚ and the strong middle class whose per capital income surged from RMB 6‚282 to RMB 17‚175 (In 2010‚ RMB 1 = USD 0.15.) all made china as great opportunity for the restaurant that was
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these words sound so familiar in the context of Football. Ask any football fan and 6 out of 10 times‚ he/she will rate Brazil as the favourite football team. What comes to your mind when somebody talks about USA? Economic superpower‚ skyscrapers‚ professionalism‚ Hollywood‚ White House etc. But what comes to your mind when someone says Latin America? Brazil‚ Argentina‚ Mexico‚ Mexican Cuisine‚ Music‚ Literature‚ Cultural festivals and last but definitely not the least (most perhaps) Football. Latin
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Challenges When Writing a Paper There can be many challenges to writing a proper essay. Writer’s block‚ bad sentence structure‚ and incorrect grammar are the first to come to mind. The first challenge is writer’s block‚ which can be difficult to deal with when writing a paper. Becoming very angry and frustrated can make the problem worse while writing. The second challenge is bad sentence structure. This can make for poor reading. Fragmented sentences‚ run-ons‚ and improper punctuation
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