A Westerner will find many differences when negotiating with the Chinese. Identify some of the cultural and political differences that would influence Western-Chinese business negotiations.
As the American economy continues to recover from recession, we've seen an increase of U.S. organizations expand into the global market in order to reduce cost. One such country that many organizations have targeted is that of China. When an organization starts the globalization process, we tend to see potential ethical and social issues arise when operations takes place in foreign countries and/or alliances are formed. In doing so, senior leadership must implement strategic policies and procedures to deter these. Below we'll discuss cultural and political differences that would influence Western-Chinese business negotiations.
China is known as one of the cheapest manufactures around the world based on the ability to hire cheap labor that ultimately reduces the over head cost to many organizations. One of the biggest social issues ...
The expert examines Western/Chinese cultural and political differences.