International Business

Essay by freddychowUniversity, Bachelor's July 2014

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International Business Q1. a) 1. China has become threatre of war that companies of whole world want to take

actions in global economy. Almost all fortune global 500 companies have companies in china. The rapid development of china economy and the opportunities to the foreign-own companies encourage the growth of global economy 2. GDP growth rate highly 9% per year. As the world's secondary largest economic entity after US, China has continued to grow when most world during the economic crisis, downturn. 3. The huge population of China makes low-wage workers and huge customers. In addition, China become largest manufactures import and exports country. 4. China has invested a lot of energy projects in most of countries, and helps some countries to develop their energy facilities. 5. In recent years, China has developed more ports, while increase cargo flow and volume. Also use unique forwarding operation to simplify the process.

b) 1) Mian Zi (Face): means that sometime when you do something that the others maybe think that person was you, so they should to agree with you and compromise with that. If you are the people in power, you are easy to do business in China. 2) Guan Xi (Relationship): means "backdoor". If you have Guan Xi with some people in power, it also will help you to make a success business. 3) Tax Evasion: China has several blind spots on the law, because of the imperfection of law. So tax can be avoid.

Q2. a) MNC Stakeholder: person, group, or organization has interest or concern in an

organization. They only care the profits that organization gain. Also they are responsible to the needs of society.

b) Almost all MNC are American, Japanese or Western European companies, such as Apple, Microsoft, Wal-Mart, Coca Cola, SONY, Panasonic, Das Auto, adidas...