The Risks of Doing Business in China Despite recent measures to curb corruption‚ foreign investors doing business in China must remain vigilant. Tuesday‚ June 04‚ 2013 ‚ By Jim Barratt and Jimmy Ko China’s economy is the second-largest in the world and continues to grow at an astonishing rate. Just recently‚ in fact‚ the Asian Development Bank forecasted that China’s economy will grow by 8.2% this year. However‚ while economic growth brings business opportunities to all investors‚ continued widespread
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things become old and out dated. In business‚ corporations will not and can not survive without growing. With today’s technology and advances it makes no sense for any company‚ no matter what the size‚ not to become cross-cultural or global. Going cross-cultural for Superior Widget Corporation is the only next step to take since they are a young company growing vigorously. The growth of the company is the reason why it is necessary to become a cross-cultural company. This is why the training
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MS. PRATHEEPA AP O C RAJARATNAM TMA 1 P akistan was established in 1947‚ following a partition from India. Though Pakistan was influenced by many empires and invading cultures‚ it protects its cultures and reinvents itself as a Muslim nation. Understanding the culture fully before undertaking any business is vital. Any ignorance of culture of certain country can offend business clients‚ their employees and halt overall product & services offered. We must admit our partners may see things
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Cross-Culture Ethical Perspectives Amanda Bravo‚ Mary Malone‚ Doneice Johnson‚ Jose Robledo‚ Kanosha Mitchell‚ Josephine Johnson ETH/316 September 24‚ 2012 Bette Bellefeuille Cross-Culture Ethical Perspectives Globalization is common in most large organizations as they thrive to maximize revenue and expand customer base by establishing operations in different countries and within different cultures. Consequently‚ these organizations have to consider cultural perspectives of the country
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International Business Dubai Etiquette When visiting Dubai‚ there are many things one must take into consideration. First off‚ Dubai is a part of the United Arab Emirates‚ which means that there is a lot of religion‚ and beliefs that need to be respected. The most important influence on business etiquette in Dubai is religion‚ there are usually 5 daily prayers‚ but they also change each season. This effects making business appointments
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LEGAL ASPECTS OF DOING BUSINESS IN BRAZIL - A BRIEF SUMMARY - THE LAW FIRM DEMAREST E ALMEIDA In April of 1948‚ João Batista Pereira de Almeida‚ a Brazilian citizen‚ and Kenneth E. Demarest‚ an American citizen‚ two attorneys dedicated to the legal profession‚ combined their expertise to establish what would become one of the leading law firms in Brazil and one of the largest in Latin America
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Dealing With Cross-Cultural Differences at Workplace in the UAE OR Impact of Cross-Cultural Differences On Adjustment of Expatriate Employees in the Work Environment of the UAE INTRODUCTION / LITERATURE REVIEW The working environment in the UAE has seen huge changes in the last 25 years or so. The change has been introduced primarily by the opening up of multinational firms in the UAE. This has created job opportunities for expatriates‚ therefore bringing about a large diversity in the
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1997 Accepted September 1997 Cross-cultural sales negotiations A literature review and research propositions Antonis C. Simintiras The Open University Business School‚ Milton Keynes‚ UK‚ and Andrew H. Thomas European Business Management School‚ University of Wales‚ Swansea‚ UK Introduction International business comprises a large and increasing portion of the world’s total trade (Johnson et al.‚ 1994; Czinkota et al.‚ 1995). The growth of international business has gained momentum faster than
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Effective cross-cultural communication is one of the most important issues dealt with in business‚ particularly when a firm operates at an international level. Communication is a process with three key elements‚ which includes a source‚ an audience‚ and a channel. Communication derived from businesses will have listeners that include‚ but are not limited to customers‚ employees‚ suppliers‚ and the community (Caddy et al.). These listeners contribute to the success of a firm‚ which is why there is
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Cross-Cultural Organizational Behavior Annu. Rev. Psychol. 2007.58:479-514. Downloaded from arjournals.annualreviews.org by University Of Maryland on 12/11/06. For personal use only. Michele J. Gelfand‚1 Miriam Erez‚2 and Zeynep Aycan3 1 Department of Psychology‚ University of Maryland‚ College Park‚ Maryland 20742; email: mgelfand@psyc.umd.edu Technion‚ Israel Institute of Technology‚ Technion City‚ Haifa‚ Israel 32000; email: merez@ie.technion.ac.il Department of Psychology‚ Koc University
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