Another factor that must be taken into consideration is represented by the business etiquette in China. Business etiquette in this country is significantly different than that of Western countries, but it is similar to other Asian countries. The analysis of business etiquette is based on the cultural dimensions that characterize the Chinese population. Same as in the case of other Asian cultures, China has a high long-term orientation, which means that the country's population has a strong attitude on persevering. Also, there is a high level of power and wealth inequality within the society. The Chinese culture is a collectivist one, and businessmen should refer to this fact in their meetings with Chinese partners (International Business Center, 2008).
The differences between the business etiquette in China and those in other countries refer to aspects like the appearance and clothing style, the behavior at meeting, offering and receiving gifts, and communications. The Chinese businessmen value certain things...
Therefore, it is important to improve their business etiquette knowledge.
The report should contain all the important information that the research provided, even if that information was not directly requested for. This is because in order to improve the decision making process, it is important to rely on the advantages and disadvantages of doing business in China. The managers should make sure they have all the important information in order to make an informed decision. China has great business potential, but it is also characterized by several factors that can affect the activity of the company.
Reference list:
1. Import Export Flow Chart (2008). HKTDC. Retrieved August 10, 2011 from http://www.hktdc.com/info/mi/a/bgcn/en/1X002LZA/1/Guide-to-Doing-Business-in-China/2-1-Import-Export-Flow-Chart.htm.
2. China (2008). International Business Center. Retrieved August 10, 2011 from http://www.cyborlink.com/besite/china.htm.
