China business practice
Not what you're looking for?
I need help with analyzing the Impact of China's global force on business practice. Also, assistance on the impact of culture, diversity and HR on business practices.
Purchase this Solution
Solution Summary
The expert analyzes the impact of China's global force on business practices. The impact of culture, diversity and HR on business practices are determined.
Solution Preview
-
Impact of China's Global Force on Business Practice
In current global business environment, China's emergence as a force in the global economy has a significant impact on business practices. It greatly impacts on the trade balance and capital flows of several developed economies. There is a rise in MNCs from China with their growing role in the world economy. This has changed management practices that are followed by companies throughout the world (Bidgoli, 2010). It leads to policy related observations, short-term issues surrounding bilateral trade between the China and US and long-term prospects for China's integration into the global political economy. Additionally, it also influences the policy process indirectly via different firms' trade associations and their intermediaries. Further, it enables different foreign business executives, corporate leaders and business associations to gain informal access to many policy processes (Rawski, 2007).
China's business structure is based on cost leadership strategies and it has also influenced companies around the world to focus on reducing labor expenses by using human resources at low cost. Along with this, China's global force also ...
Purchase this Solution
Free BrainMass Quizzes
Balance Sheet
The Fundamental Classified Balance Sheet. What to know to make it easy.
Transformational Leadership
This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.
Business Processes
This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.