An overview of the Otis Elevator Company, a business unit of the Hartford, Connecticut based United Technologies Corporation (UTC).
Written in 2007; 1,590 words; 13 sources; APA; $ 52.95
Paper Summary:
This paper focuses on the Otis Elevator Company and compares the environmental differences between the United States and China. The sociocultural trends of short vs. long term orientation and individualism vs. collectivism are also analyzed for the two countries. Lastly, the environment is examined with a comparison of technological and macroeconomic trends.
Table of Contents:
Introduction
Sociocultural Trends- Individualism vs. Collectivism
Technological Trends
Macroeconomic Trends
Conclusion
From the Paper:
"China is undergoing incredible change much like the U.S. at the start of the industrial revolution, as it transitions from a primarily agricultural society to a global superpower. China is a country which recently has become a hotbed for research and technological innovations. Within the last five years the number of patents issued to Chinese firms has grown at the impressive rate of between 15% to 25% a year, with 36.4% growth being experienced from 2004 to 2005. This number of patents being awarded clearly illustrates the innovation of the Chinese as well as their desire to protect their intellectual property."
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