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Miscellaneous
- Business Strategy in the Age of Globalization Part 1 - Editor, 25 September 2007
- Business Strategy in the Age of Globalization Part 2 - Editor, 25 September 2007
- Chinese Business Opportunities in Environmental Protection (Part 1) - Editor, 10 September 2007
- Chinese Business Opportunities in Environmental Protection (Part 2) - Editor, 10 September 2007
- Realities of Business Ethics in China (Part 1) - Editor, 10 September 2007
- Realities of Business Ethics in China (Part 2) - Editor, 10 September 2007
- The Internet for Small Business with China (Part 1) - Editor, 10 September 2007
The industrial climate and opportunities for commerce today are akin to those, which prevailed, in the early days of the Industrial Revolution (Hamel, and Prahalad, 1994). Fundamental changes in the nature of opportunities and in the intensity of competition as well, call for new approaches to the formulation and execution of business strategy.
Business Strategy in the Age of Globalization (Part 1)
How the Chinese Perceive Business Strategy
China, the most populous nation on earth, has been forecast to overtake the U.S. GDP and to become the largest economy on earth by 2020 (Roy, 2006). It is also a country with strong cultural roots and a directive political system. Therefore, its perspective of business strategy is bound to be substantially different from western democratic and capitalist conventions of free enterprise.
The Three Gorges Dam across the Yangtze River is an astonishing event in the modern history of China. The construction has impressive overtones in engineering terms, but represents a colossal rebuttal of global issues of human rights and ecological aspects. Are environmental concerns of any relevance to China’s rulers, or is the country determined to chalk its own course? What are the implications for the amazing business opportunities which the entire developed world hopes to enjoy with this vast country? It is widely believed that the thinking and priorities, which allowed the Three Gorges Dam to be built, have pervaded all sectors of China’s economic and national development.
Chinese Business Opportunities Related to Environmental Protection (Part 1)
The methodology of the International Standards Organization is a suitable way for China to improve its conservation and pollution abatement standards (ISO 14000 Series, 2004). Consultants, well versed with the procedures of the ISO 14000 series, have exceptional potential throughout the industrial centers and urban managements of China. Obviously, this is on top of engineered hardware and equipment which companies and administrations need to use. The China National Cleaner Production Center is a central body in the country to establish ISO systems.
Business ethics are strongly influenced by the local culture of each area. Large corporations have always been seized of trans-cultural issues as they expanded their enterprises across national borders, but the Internet has made such issues important for even small and national companies, which have hitherto operated within local confines.
Realities of Business Ethics in China (Part 1)
How Should Foreigners Deal with Chinese Business Ethics
Guanxi or networking is central to the Chinese way. All Chinese concessions to modernity dissolve when the concept of networking is at stake. All Chinese entities, regardless of size or nature, form a united front in terms of this central cultural value. Foreigners are expected to respect the network, and should strive, through ethical conduct, to become a part of the circle, if harmonious and beneficial transactions are to be built over time.
The Internet represents an enormous opportunity for everyone who dreams of doing business with China. This massive, populous, and influential nation had over 80 million Internet users by as early as 2003, with a 30% growth expected in 2004. Electronic commerce has been estimated by experts to cross $20 billion a year.
Recent Articles
- NASDAQ OMX Lists Chardan 2008 China Acquisition Corporation - Editor, Monday 18 August 2008
- Increasing Numbers of China’s Elderly May Slow Economic Growth - Editor, Monday 11 August 2008
- Beijing Olympics Opens Up Potentially Lucrative Trade Opportunities - Editor, Monday 4 August 2008
- China’s Telecommunications Network Shake-Up Should Yield Positive Results - Editor, Monday 28 July 2008
- China Energy Tech Summit 2008 - Editor, Monday 21 July 2008










