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International business - Essay Example

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It became the owner of Harrods, which is the biggest and famous shop in the United Kingdom, and it owns about half of Porsche Company. However, it…
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International business
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International business

China fits the needs of my criteria because it presents great opportunities and great challenges: China has something for everybody, but it is not always an easy place to do business and it is getting harder as a result of China’s harmonization of trade rules and tightening of loopholes. (Inch, 2008)
The best location to have new branch outside of Qatar is China because it is an industrial country and encourages investment and businesses. It competes with well-developed country such as USA. Notably, China also offers a cheap labor at all times. Another encouragement for me is to learn and serve the entirely different cultural manifestations, thoughts, and natural geography.
Collectivistic cultures have a great emphasize on groups and think more in terms of ‘we’. On the collectivist side, we find societies in which people from birth onwards are integrated into strong, cohesive in-groups. China indicates that a society is a representation of collectivism rather than individuality. Collectivism was certainly present throughout the country – strangers are to be treated like friends, and although emotions of individuals are important, the group is also very important in decision-making. Most Importantly, Social relations are often expressed by the exchange of gifts. An important concept within Chinese social relations is the concept of face and many other Oriental cultures. Hence, people are perceived as being "near" or "far" rather than "in" or "out". (Oneness, 2010).
Ascription involves elderly influence, relationships and his/her position in the community. Chinese do not focus on the achievements; however, the primary focus is on the elderly, having relationships or prestige in the community. So, there will be a little bewilderment to find the employees due to an ascription culture. Hence, the rules of recruiting should follow the same rules that the people of the country follow. They relate status to ... Read More
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