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“Hitting the International Target”  1  Presentation to  CEO and  Senior Management of  PM Company   C.  Ard,  A. Bunje,  J. Burggraf,  N. Carter,  &  M.  Coe           MGM355-0804A-05/PPT            October 28, 2008
Overview of Canada, China & Germany   Cultural Diversities within these countries  Dr. Hofstede’s take on these countries (ITIM, 2008)  Recommendation for PM Company 2 Objective
           Canada’s Cultural Factors Language    (CIA, 2008) Technology Michael Coe, 2008 3
Dr. Hofsted’s View                 Canada’s-Culture ,[object Object]
   Wealth division
   Masculinity
   Traditions   -   (continued)J. Burggraf, 2008 4
  Domestic(Transtech Company, 2008)    Canadian (Canadian Seating, 2008).  Michael Coe, 2008 5 Competition
What potential do we see in this market?  Aging population  Trade convenience  Access  Currency exchange rate  Existing trade relationships 6 Physical Mobility  J. Burggraf, 2008
Michael Coe, 2008 7   Recommendations Cultural Factors Human Resource restructuring Country accessibility
Cultural Factors China Language Wages Working hours Employment (Dessler, 2008) April Bunje, 2008 9
[object Object]
   Population counts for 23% of the world’s population
   Ranking economically will grow to 2nd largest by  2030Cultural and Financial Dimensions C. Ard, 2008 9
Cultural Factors     Business attire  (China-Window, 2008)    Bright colors are inappropriate    Touching is frown on in business    Senior personnel are acknowledged first C. Ard, 2008 10
Benefits In Foreign Trade With China        Number one travel destination  Global Economic Power 11 C. Ard, 2008
Recommendations China Cultural Factors Human Resource restructuring Country accessibility April Bunje, 2008 13
Physical Mobility  What will the benefits be in China? Population  (CIA, 2008) Transportation Communication Currency exchange rate Supporting Industries April Bunje, 2008 13
Nicole M Carter, 2008 14 Germany’s Cultural Factors  Second Most Heavily Populated Nation  Economic Integration  (CIA, 2008)  Second Largest Importer (Encyclopedia, 2008)  Strong Country  (Ball, pg 313)
Business Cultural  Dimensions ,[object Object]
  Masculinity
  Uncertainty Avoidance Index15 N. Carter, 2008
    Distributors that purchase Wheelchairs (Alibaba, 2008)     Living LONGER  (People Daily, 2006)     Technological Advances (CIA, 2008)     Exchange Rate N. Carter, 2008 16 “We Get Around”
Challenges               RISK       OPPORTUNITIES ,[object Object]
  Importation

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Mgm 355 Group Project 6th Draft

  • 1. “Hitting the International Target” 1 Presentation to CEO and Senior Management of PM Company C. Ard, A. Bunje, J. Burggraf, N. Carter, & M. Coe MGM355-0804A-05/PPT October 28, 2008
  • 2. Overview of Canada, China & Germany Cultural Diversities within these countries Dr. Hofstede’s take on these countries (ITIM, 2008) Recommendation for PM Company 2 Objective
  • 3. Canada’s Cultural Factors Language (CIA, 2008) Technology Michael Coe, 2008 3
  • 4.
  • 5. Wealth division
  • 6. Masculinity
  • 7. Traditions - (continued)J. Burggraf, 2008 4
  • 8. Domestic(Transtech Company, 2008) Canadian (Canadian Seating, 2008). Michael Coe, 2008 5 Competition
  • 9. What potential do we see in this market? Aging population Trade convenience Access Currency exchange rate Existing trade relationships 6 Physical Mobility J. Burggraf, 2008
  • 10. Michael Coe, 2008 7 Recommendations Cultural Factors Human Resource restructuring Country accessibility
  • 11. Cultural Factors China Language Wages Working hours Employment (Dessler, 2008) April Bunje, 2008 9
  • 12.
  • 13. Population counts for 23% of the world’s population
  • 14. Ranking economically will grow to 2nd largest by 2030Cultural and Financial Dimensions C. Ard, 2008 9
  • 15. Cultural Factors Business attire (China-Window, 2008) Bright colors are inappropriate Touching is frown on in business Senior personnel are acknowledged first C. Ard, 2008 10
  • 16. Benefits In Foreign Trade With China Number one travel destination Global Economic Power 11 C. Ard, 2008
  • 17. Recommendations China Cultural Factors Human Resource restructuring Country accessibility April Bunje, 2008 13
  • 18. Physical Mobility What will the benefits be in China? Population (CIA, 2008) Transportation Communication Currency exchange rate Supporting Industries April Bunje, 2008 13
  • 19. Nicole M Carter, 2008 14 Germany’s Cultural Factors Second Most Heavily Populated Nation Economic Integration (CIA, 2008) Second Largest Importer (Encyclopedia, 2008) Strong Country (Ball, pg 313)
  • 20.
  • 22. Uncertainty Avoidance Index15 N. Carter, 2008
  • 23. Distributors that purchase Wheelchairs (Alibaba, 2008) Living LONGER (People Daily, 2006) Technological Advances (CIA, 2008) Exchange Rate N. Carter, 2008 16 “We Get Around”
  • 24.
  • 26. Payment (CIA, 2008)
  • 27. Global Expansion
  • 28. Profit
  • 29. Public RelationsN. Carter, 2008 17
  • 30.
  • 31. We are all equal here
  • 32. “The Show me Country” M. Coe, 2008 18
  • 33.
  • 34. Get paid promptly (including exchange rates)
  • 35. Provide quick and accurate shipping
  • 36.
  • 37. Risk
  • 38. Benefits/Goals
  • 39. Where we choose to market21 M. Coe, 2008
  • 40.
  • 41. Avoid and prepare for barriers
  • 42. Invest time and money
  • 43. Be flexible 22 Conclusion/Questions? M. Coe, 2008
  • 44. References Alibaba,(2008), Homepage, Retrieved: October 24, 2008, http://www.alibaba.com Ball, D. A., & Geringer, J. M., & McCulloch, W. H. Jr., & McNett, J. M. &   Minor, M. S., (2008), International Business, The Challenge of Global   Competition, (11th ed), McGraw-Hill Irwin, NY Bank of Canada, (2008), Homepage, Canadian economy in decline, but 'sky not falling”, Retrieved: October 24 , 2008 http://canadianpress.google.com/article/ALeqM5iIUho2NdbjvAWCCSrMPOLT3gCvxg Canadian Seating and Mobility Conference. Retrieved October 25, 2008.http;://www.csmc.ca. N. Carter, 2008 23
  • 45. References Canadian Salary Survey, (2008), Homepage, Retrieved: October 24, 2008 http://www.livingin-canada.com/work-salaries-wages-canada.html CCBC National , (2006). Canada China Business Council. Retrieved October 25, 2008, Web site: http://www.ccbc.com Central Intelligence Agency. (2008). Retrieved: October 15, 2008, https://www.cia.gov China Window (2008). The Way to China. Retrieved October 25, 2008, from Web site: http://www.china- window.com N. Carter, 2008 24
  • 46. English-French Bilingualism, (2008), Homepage, R retrieved: October 24, 2008 http://atlas.nrcan.gc.ca Harris, M., (2008), Homepage, Transport industry prepares for major shift in demographics, Retrieved : October 24, 2008http://www.canada.com  History .com, (2008), Encyclopedia, Germany, Retrieved: October 25, 2008 http://www.history.com Hofstede, G., (2008), Homepage, Retrieved: October 22, 2008 http://www.cyborlink.com/besite/hofstede.htm J. Burggraf, 2008 24 References
  • 47. References Morisselle, R., & Zhang, X, (2008), Revisiting wealth inequality, Retrieved: October 24, 2008 http://www.statcan.ca/english/freepub/75-001-XIE/11206/art-1.htm  People’s Daily, (April 27, 2006), Is Germany Headed for a Demographic Disaster?, Retrieved: October 25, 2008, http://english.peopledaily.com.cn  Transtech Company Website. Retrieved October 25, 2008 http://www.transtechmobility.com/ J. Burggraf, 2008 25