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International business - Dissertation Example

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EFFECTIVE MANAGEMENT OF INTERNATIONAL BUSINESS IN CHINA Instructor Institution Date Introduction Cultural, political, economic and legal differences among nations have led to challenges in the management of international businesses (Chan and Suen, 2005, p…
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The proposed research is about an investigation of the Chinese business environment with a view of determining how international businesses can achieve effective management of their operations within this market. This research will be attained through a scientific study through the application of research methodology. The findings will be analyzed and discussed with an aim of answering the research questions in the most effective manner. Literature Review In accordance to Pranee (2009, p. 15), the globalization of the world economy has caused companies to internationalize so that they would expand their operations and have a large share in the world market.

China is a country with many business opportunities in addition to its large market. Because of this many international companies have endeavored to invest their capital within the Chinese market. Quer, Claver and Rienda (2007, p. 360) explain that these companies have however been challenged by the legal, political, economic and cultural framework within the Chinese society. Shi and Wright (2001, p. 364) point out that previous research on the Chinese market reveals that international companies which have achieved success in the Chinese market have achieved this through the implementation of appropriate approaches in the management of international business. . Additionally, legal and political compliance by international businesses in China has played a major role in defining the success of companies which operate in the Chinese market (Pranee, 2009, p. 25). For example the management of successful international companies and businesses in China include communication and interpersonal relationships which are adherent to the Chinese cultural environment.

This is important because managers of international business in China are mandated to manage the local employees effectively to ensure that they are motivated for creativity, innovativeness and increased productivity (Shi and Wright, 2001, p. 368). More significantly, business negotiations of international companies with their Chinese partners must be managed effectively in order to ensure success of deals. Wright, Szeto and Lee (2003, p. 187) demonstrates that during negotiations, the cultural behavior of the local partners must be adhered to in regards to communication, dressing and meeting etiquette.

Methodology According to Panneerselvam (2004), a mixed research methodology is proposed for the study. Mixed research methodologies include the application of qualitative and quantitative research approaches in a scientific study. Through a mixed research methodology both qualitative and quantitative data on the research topic will be collected and analyzed for discussions and presentation of findings. The research design is a case study of China. The collection of data will involve secondary sources through which collection of quantifiable and qualitative data will be achieved.

This data will be analyzed through a comparative analysis approach so that conclusive evidence will be obtained on the most effective management approaches in the management of international business

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