3. China – everything we need
• Large urban industrialization
• Low labor costs
• Large labor force
• Market oriented system
4. Benefits to the American
Corporation
• Produce the goods at a very low price
• Helps America company be more
environmentally friendly
5. Benefits to China
• Provides jobs to local economy
• Provides taxes to Chinese government
6. Training American Executives
• Respect their religion
• Respect their social norms such as eye
contact and “saving face”
• Understand importance to respect age
and seniority
• Learn basic Chinese greetings and
phrases
• Keep it formal
Editor's Notes
Imagine – disposable and biodegradable products for people to use, to wear and have fun in. When you’re done, leave it!
China is the best choice -
Urban industrialization Solid infrastructure Low labor costs Large labor force Market oriented system
Produce goods at very low price - raw materials costs less so company will be charged less for raw materials - manufacturing costs are low so company can make the gear and clothing cheaper - labor costs are low so company spends less on wages and benefits - increase in profits because of these savings Helps America enhance their reputation as being eco-friendly – company can claim to be a green company _ company can claim they are helping China be more eco-friendly _ company can market their products to environmentally conscious consumers
Provides jobs to Chinese people who really need them – many unemployed, low skilled people in China - improves Chinese people’s standard of living by giving them jobs and benefits Provides taxes to Chinese government – American company will pay Chinese to use their factories, housing, office space - helps Chinese economy by giving it money, this helps government help their people
Religion – honor their religious holidays, their religious beliefs Social norms – don’t expect eye contact, never confront or outwardly disagree in public, never do anything to publically embarrass anyone Confucianism – respect the elders, always remember who is the boss and who is the bosses’ boss Language – know how to say hello, thank you, please etc… Be formal – being casual will appear disrespectful
