StudentShare solutions
Triangle menu

FIN Unit 4 individual project - Research Paper Example

Free

Extract of sample
FIN Unit 4 individual project

FIN Unit 4 Individual Project China possesses considerable differences from other nations in terms of its social, business environmental and institutional frameworks. Similar to operating in any other diverse national paradigm, MNEs intending to operate in China need to consider its cultural, social and other forms of distances from their respective home country, in order to minimize potential threats witnessed in international business conducts. The discussion of this study hereunder, will emphasize this particular issue and intend to develop an insightful understanding on the strategies as well as managerial concerns needed to be taken into account by MNEs when operating in China. Discussion Constraints often witnessed by MNEs when doing business in China include import and export restrictions imposed in lieu of the institutional distances persisting between China and other nations. It is worth mentioning in this context that China lifted import licensing over few goods in correspondence to the WTO amendment to remove restrictions on international trade of textiles since 2004. Notably, the quota and licensing controls in China, on particular products, have reduced significantly after its agreement with WTO, which certainly indicates a positive influence on the MNEs effectiveness when operating in the economy. The import and export framework of China remains crucial although, which the foreign investors need to register themselves with the Ministry of Commerce to continue trade and business

Related Essays

Fin 630 Unit 4 individual project China business culture
Notwithstanding the availability of a high population, which translates to a more diverse market, there are several aspects of business culture that an organization needs to understand, before making a long-term investment decision in China. Such cultures include avoiding discussing business maters during meals, avoiding tipping government officials, arriving in time, slow business decision making process and making appointments.
3 pages (750 words) Research Paper
Fin 630 Unit 5 Indivudual Project
The product is initially available only for the people of that country. Exportation of product to developed countries takes place when it becomes successful in the home market. As the product’s demand increases, the pioneering firms take production closer to the market.
3 pages (750 words) Research Paper
MKT Unit 3 Individual Project
Such a method delivers an apparent and reliable message to the customers and is connected to Core Strategy. This project has been divided into two parts. Part 1 is general research about Communication channel, Advertising, Direct Marketing and Sales Promotions.
7 pages (1750 words) Research Paper
MKT Unit 4 Individual Project
Internet currency platform does not only enable smooth processing of online transactions but also serves as a singular platform that uses the electronic money transfer concept (Kumar & Hillegersberg, 2008).It helps in conversion of normal currency into digitalized from of currencies.
10 pages (2500 words) Research Paper
FIN Unit1 - Individual Project
ACME is a US based multinational enterprise. The objective of the study is to develop a Greenfield production facility for the organization in either Italy or in Turkey. Italy is the member of European Union. On the other hand, Turkey is not the member of European Union.
5 pages (1250 words) Research Paper
BUS Unit 4 Individual project
Two countries and one factor model of Ricardian was added with another variable in Ohlin's Modern theory. Heckscher-Ohlin also contradicts with the Ricardian’s proposition that international trade possess specific feature of comparative cost. Ohlin considers the comparative cost as common feature of trade at both levels.
3 pages (750 words) Research Paper
Unit 4: Project - Evaluating Evidence
The officer collected photographs and spray can cap from the scene, and the witness with an NOPD sketch artist provided a better description of the suspect, which resembles James Seizman, a parolee from Michigan. Unfortunately, this evidence is inconclusive, and cannot
2 pages (500 words) Research Paper
Unit 4 art and humanities Project
Others still define it as the sharped sounds between silences (Anonymous, 2009). Music has lived up to be known as a universal
3 pages (750 words) Research Paper
Human Services Program and Profession Unit 4 project
I also expect to learn about current social issues and their relationship to the United States Health Care system. I will also learn about
2 pages (500 words) Research Paper
Individual Project 4
Many of the cases touching on ethical standards relate to criminal statutes, and in that line, this paper will explore three real cases
5 pages (1250 words) Research Paper
functions in attainment of profit and sustainability over the long run (U.S. & Foreign Commercial Service, 2012). Labor relation is another key factor that the MNEs need to consider when penetrating China with a long-term investment. The Chinese government enacted the Labor Contract Law (LCL) to maintain the working conditions in the year 2008, which might likewise influence trading operations of MNEs in the nation. The CEOs of the companies therefore need to provide written handbook to the employees regarding the rules of employment and provide a written terms of contract along with, as per the norms prescribed in the LCL provisions in China (U.S. & Foreign Commercial Service, 2012). Such constitutional requirements may not persist in the home country of the MNEs or in other nations where they operate, which may create differences in the Human Resource Management (HRM) functions of the companies in China. Non adherence to these norms may raise legal and institutional constraints on the operations of the MNEs in China and thus, these requisites must be considered as an essential factor when approaching the economic market (OCRA Worldwide, 2013). China has a lot of supplier finances competition wherein MNEs need to attain the letter of credit from the Chinese or global suppliers for legal constraint free import and export functioning. Also, the letter of credit will make the company eligible in obtaining financial support from the Chinese banks, owing to which this particular amendment in China’s institutional context must be taken into account by MNEs (U.S. & Foreign Commercial Service, 2012). Taxation policies enacted in China may also be deemed as a significant

Summary

FIN Unit 4 individual project Abstract This paper deals with the understanding of certain major attributes of doing business in China by an MNE, from a generalized perspective. The growth rate, market trend, the labor cost and the etiquettes along with other influencing factors to be considered when doing business in China have been studied in this paper in order to develop suggestive mechanisms for the Multinational Enterprises (MNEs) to operate a sustainable business in the host country…
Author : magdalen02
FIN Unit 4 individual project essay example
Read Text Preview
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation