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
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)
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