The cultural and market dimensions between the USA and China - Assignment Example


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The cultural and market dimensions between the USA and China

The main objective of making an investigation includes the exploration of the association between the cultural traits and economic developments the USA and China observe at the international scale. While elaborating the first dimension i.e. power distance, it becomes evident that the USA looks carrying 40 points in respect of power distance, while China maintains 80 in the same dimension; which manifestly indicates that the people of China observe imperative divergence in the cultural hierarchy as well as business and financial positions, in comparison with the Americans, where the latter have obtained less financial and status differences within the social hierarchy than their Chinese counterparts. Consequently, the status consciousness and conflict on the basis of social and financial positions are far lesser among the Americans than among the people of Far East growing economic giant i.e. China. While discussing the second of the Hofstede’s cultural dimensions i.e. individuality vs. collectivity, one comes to know that the USA contains 91 points in individuality; on the other hand, China carries just 20 points in the same index. As a result, the American subjects appear to be far more interested in individual achievements and independence in comparison with their Chinese counterparts, and hence seem to be making hard efforts to observe accomplishments while embarking upon their national and international business and financial ventures subsequently for the sake of witnessing individual progress in life. ...Show more


The present paper looks for making the comparative analysis of the cultural and market dimensions between the USA and China, the two opposite and rival societies existing in quite divergent regions of the world, in the light of the cultural index articulated by Dr. Geert Hofstede by 1973.

Author : westalexys
The cultural and market dimensions between the USA and China essay example
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