Globalization of Business

GLOBALIZATION OF BUSINESS 5

Globalizationof BusinessGlobalizationof business Foranyone who does not exclusively do business with China,it is often easy to assume that they carry out their businesspractises just as every other country does. However, differentcultures have different ethics, and what could be polite in othercountries would not be the same in China. Acknowledging the,differences between two or more cultures, helps in management and asa CEO I should adopt appropriate styles accordingly. Ethicalconcerns Ihave experienced several ethical concerns in the process of managingthe joint venture. Firstly, there tends to be supply chainmanagement pitfalls since international organizations investing inChinaare supposed to be acknowledging different potential consequenceswhen trying to create and control supply chain. For instance, underthe system, if Chinese government or manufacturer detect unsafe ordefective commodity, the company must stop the entire supply processof that particular product as well as notify customers and vendors ofsuch defect. Besides, the department of quality, supervision, andquarantine has to be informed of such an issue. Secondly,in most countries contracts are premium however, in China,business ethics tends to emphasizeon critical contemplation and association, an indicator thatcontracts are not very muchvalued (Weiss,2016).Conversely, if one is lucky to be awarded a then he should not expectit to be operational immediately. The success of the contract will bedeterminedbythe prevailing social relationship.

Additionally,in some countries like the United States, aCEO can offer to take a client out for a dinner todiscuss business-related issues. Contrarily, in Chinaentertaining is considered a goal unto itself (Peng, 2016). Thosewho are considered successful in business ventures are allowed toentertain people but not to coerce them to discuss business terms atparties and during dinners. Besides, gifts are very much respected inChinese culture, hence, CEOs consider giving out small tokens tobusiness partners

Further,CEOs in other countries, particularly in western countries alwayspride themselves on being sturdy, but lessaggressive however, slower methodologyis highly valued and respected in China(Jiang, &amp Wong, 2016). Chinesepeople always prefer to have enough time to think about a contract,to discuss its risks as well as benefits, and finally consult withother experienced parties instead of just dealing with the toughnegotiation process. An aggressive Canadian or American process isunlikely to be adopted in China and couldbe considered unprofessional.

Pro-democracydemonstrators and the PLA

Massdemonstrations through the entire history have beenexperiencedat a time when internationalpolicies have influenced much of the population.These mass protests have been brought about by varies issues,and they have beenmetby endangering and perfect crackdown by the protectors of the elite,and militia, among others. The effects include but not limited tothe lowworking morale of employees within the organization (Werhane,2016).Also, many orders and resulting products and services will besabotaged by Chinese citizens hence, reducing the cells. As aresult, this will give the competitor companies advantage to takecontrol of the market. The best workmanship will bepoachedby other organizations leaving in a desperate condition.

Partneringwith the Chinese military or exporting to China

Accordingto Werhane(2016) thereis no much different,in relation toethical issues, when either exporting to or obtaining products frommilitary. This is attributed to the fact that Chinese is a communistcountry and mostifits products aremanagedby the governmentor rather in a communitythus,same ethical issues tend to be adopted.

Conclusion

Inconclusion, managing a Canadian-Chinese venture is a bit challengingdue to cross-culturaldifferences.Howeverone has to learn what is acceptable in within the production andmarketing environment.

References

Jiang,W., &amp Wong, J. K. (2016). Key activity areas of corporate socialresponsibility (CSR) in the construction industry: a study of China.Journalof Cleaner Production,113,850-860.

Peng,M. W. (2016). Globalbusiness.Cengage learning.

Weiss,J. W. (2016). Business Ethics: A Stakeholder &amp Issues ManagementApproach, 2014. CyrusChronicle Journal,1(1),66-69.

Werhane,P. H. (2016). Corporate moral agency and the responsibility torespect human rights in the UN Guiding Principles: do corporationshave moral rights?. Businessand Human Rights Journal,1(01),5-20.