Abstract This paper provides a guide in doing international business with Asia and enumerates the different business and cultural practices of the major Asian countries. The paper states that it is necessary to understand these cultural differences in order to make transactions successful. The paper also relates that Asia is an ideal area for expanding western business because labor is inexpensive and the Asian region is eliminating trade barriers in order to solicit investments from the west. In addition, many Asian countries such as the Philippines and India are ideal places to invest in and the majority of the population is fluent in English. The paper concludes that knowledge is the key to international business, as the more you are acquainted with and understand the cultures, the greater the possibility of success.
Outline:
Introduction
Cross-Cultural Communication
The World and Asian Economy
Doing Business in Asia
Cultural Differences
Doing Business in China
Japan and its Culture
Doing Business in Japan
Doing Business in Hong Kong
Doing Business ini Southeast Asia
Doing Business in Indonesia
Doing Business in Singapore
Doing Business in the Philippines
Summary
From the Paper "Usually during Christmas time, it is customary for business negotiators to give tokens of appreciations to all the people who have been helpful in letting you push through with the business transactions. These people might include the security guards for the mere act of letting you in the building and to the secretaries for making sure that your messages are received by the potential Filipino business partner. Gifts could range from baskets of goodies to company giveaways to plain calendars or office items with your company logo."
Tags:business, conventions, developing, rapport, communication
Abstract This paper explains that there are three types of business ownerships: sole proprietorship, partnership and a corporation; and then takes a look at what is required of a business manager in any type of business. The paper describes the major components of a business, detailing the many and varied responsibilities of the business manager and how they relate to these components. The paper also points out that one of the roles of the business manager involves being responsible for important decisions.
Table of Contents
Introduction
Forms of Business Ownership
Proprietorship
Partnership
The Corporation
Major Components of a Business Production
Marketing
Finance
Forecasting
Personnel Management
The Task of Management
Administration and Organization
Control
Relations with Government
Conclusion
From the Paper "The major advantage of the corporate form of ownership is that investors can limit their personal liability to the amount of money they have invested. If the corporation goes bankrupt [5], they can lose no more than they have put in. Another advantage is that money to run the business is usually obtained by the sale of stock, or ownership, to the general public; this makes raising money for operations easier and enables the corporation to exist independently of its owners. Corporations also find it easier to borrow money. Perhaps most important, the size of most corporations allows them to hire professional managers or administrators to run them."
This well-researched business summary analyzes the economic situation in Malaysia and offers a strategic business plan to Edaran Nasional Berhard, Proton's parent company which specializes in the automobile motor industry.
Abstract This in-depth paper contains a strategic business plan for the Proton company in Malaysia that specializes in automobile motors. This paper contains detailed research and results pertaining to sales in the motor industry in Singapore and Malaysia as well as suggestions and strategies for increased profits.
Table of Contents:
Executive Summary
I Summary Situational Analysis
II Summary Business Objectives
III Summary Business Strategies
Situational Analysis
I The Industry
II The Company
III The Product
IV The Market
V The Competition
VI Distribution Strategies
VII Pricing Policies
VIII Communication Strategies
IX Potential Business Problems
Business Strategy
I General Business Strategy
II Specific Business Strategies
Action Programs (Tactics)
I Product Plans
II Pricing Plans
Measurement, Review and Control
I Organizational Structure
II Methodology for Review
Appendixes
End Notes
Bibliography
From the Paper "Malaysia's banking system is in the process of being stabilized and it appears that Malaysia will allow once again the exportation of its national currency the Ringgit. EON is looking to fresh foreign countries to franchise dealerships for the Proton. They are also looking toward an upturn in sales to their fellow Malaysians. Since EON's downsizing in 1996, they do not plan to increase their workforce to its pre 1996 high but will add small numbers of employees as the market for their automobiles increases."
Tags:business, plan, malaysia, economics, marketing, research, results, strategy
Abstract A thorough analysis and observation of Raytheon Missile Systems and their current processes as a missing link of knowledge transfer between and within organizations. This e-business initiative provides one of the many possible solutions to improving the e-business execution within the company. The final output, a web-based expert locator and its implementation guidelines and process changes, will help facilitate the transfer of knowledge between and within organizations.
Table of Contents
Executive Summary
Introduction
History
Current Business Organizational Structure
Business Operations and Practices
Vision
Values
Goals
Operating Environment
Structure
Infrastructure
Applications
Business Strategies
E-Business Strategies
Proposed E-business Strategy
Justification
Cost-Benefit Analysis
SWOT
External Analysis
Internal Analysis
Strategic Options and Choice
Problem-driven
Technology-driven
Strategic Implementation
Implementation
Process
Culture
Technology
Conclusion
References
Appendix A
RMS Interview Questions
From the Paper "Raytheon Missile Systems, a division of Raytheon Company, celebrated their 80th anniversary in July. Over the last 80 years, Raytheon has ventured into many different entrepreneurial areas including defense, electronics, aircraft, construction, and engineering. E-business strategy and the possibilities, advantages, and disadvantages it presents to Raytheon will be reviewed. Through an analysis of business need and technology at hand, an e-business strategy and implementation plan will also be presented."
Abstract This paper explores the importance of economics to small business owners. The author states that a lack of economic information is one factor that explains the failure of small business. It is further argued that the success of a business depends on supply and demand. The author concludes that a business with knowledge of economics has an advantage over a business that does not support knowledge of economics.
Economics and Small Businesses Reasons for Small Business Failure
The Importance of Supply and Demand
Applying Economics
Conclusion
From the Paper "Economics are also important when assessing a business that one is considering purchasing. The only way to accurately determine the success of the business is to consider the financial information. In addition, it must be noted that the new business owner is more interested in future performance than past performance. Economic information must then be used to assess the financial data. A potential business owner might realize that economic factors led to past failure, but that future economic factors indicate the potential for success. The reverse could also be seen, with reasons uncovered that suggest that the business will fail in the future. The use of economic and financial information allows for a fact-based analysis that will assist in making the right purchase decision."
Abstract A report on B2B (Business - to - Business) models. Reviews the web sites of merisel.com, kellypaper.com and intellibusiness.com. Evaluates how these sites are set up for value-added suppliers and other business users. With the use of well-planned business models, many B2Bs have jumped on to the information technology train and are experiencing improved profit margins through supply chain efficiencies-from purchasing, to manufacturing and selling. In addition to simply sharing forecasts and products, successful B2Bs work jointly to provide greater supply chain services, and ultimately larger profits for all partners involved.
From the Paper "Although business-to-business activities occur both offline and online, the acronym B2B has come to be known and described as the online version. There is much hype given to the potential size of B2B markets and how much bigger it may get than the online business-to-consumer (B2C) world. The gravy train that drives these expectations is the hopes that information technology (IT) will deliver an inflection point in productivity and economic growth. With the use of well-planned business models, many B2Bs have jumped on this gravy train and are experiencing improved profit margins through supply chain efficiencies-from purchasing, to manufacturing and selling. "
Abstract This paper examines the differences between business culture in China and the U.S. The paper briefly touches on the implications of China becoming a member of the WTO, but mainly focuses on the differing social practices between East and West and how they impact business dealings.
Outline
China Now
Chinese Cultural Values and Implications for Business Guidelines to Doing Business in China
Western Firms Doing Business in China
Reciprocity and Long-Term Business Relationship
Taking a Chinese Name
Conclusion
From the Paper "It can be more useful to regard China as a continent rather than a country. It occupies 9.5 million square miles (slightly larger than the United States) but is composed of a collection of regions. These regions are differentiated by culture, dialect and level of economic development and can be quite competitive with each other. China has 1.3 billion people and grows about 10 million per year. There are really two Chinas when a firm is looking at it from a business opportunity standpoint. 900million people live in rural areas with an average annual income of less than $100 US. 400 million people live in the more developed areas along the East coast and Yangtze River and have an average annual income of $800. US (www.uschina.org, 2005)."
Tags:business, implications, international, practices, social
Abstract This paper discusses the business strategy of the FedEx Corporation and explains that the goal of the strategy was to adapt to the business environment and to help the company gain a competitive advantage on the market. The paper specifically focuses on FedEx's business strategy with regard to human resources. The paper describes and analyzes this aspect of the strategy and then discusses methods to measure human resource management practices and activities.
Outline:
About FedEx
The Business Strategy
HR and the Business Strategy
Possibilities to Increase the Alignment of HR Practices to Business Strategy
Measures to be Considered to Evaluate the Effectiveness of the Relevant HR Processes
From the Paper "By operating independently, each company can focus exclusively on delivering the best service for its specific market. It appears that the main strategy adopted by the company may be subsumed by the phrase "offering more services to more places". It becomes transparent that the company is involved in a permanent process of change and diversification. Armstrong (2006) identified two important types of change: strategic and operational. The operational change refers to the implementation of new systems, procedures, structures and technologies with impact upon the organization and its employees. Strategic change deals with "broad, long-term and organization-wide issues" (Armstrong 2006, p. 344). Such form of change involves moving to a future state defined in terms of strategic vision and objectives."
Abstract This paper looks at the study of entrepreneurial business strategies in China. This paper focuses on investigating the significance of smaller forces in order to assess the current management and business strategies in China. The paper also looks at the forces of globalization and information technologies and how they have proven to be fundamental in shaping modern entrepreneurial business strategies in China. The author argues that Chinese business strategies have embraced both elements both independent from the other as well as in conjunction with each other and that the move to incorporate these forces has had an impact on business and management strategies in the Chinese workplace environment.
From the Paper "Arguably, the point of discussion that is of the most interest, however, is that the alterations in Chinese business strategy have not been imported from Western business strategies. This is to say that the Chinese businesses did not simply set out to acquire successful management strategies and apply them to their native businesses. Rather, the business strategies that are currently employed by China are extremely different from those of the West and focus more on the strategies of employment and occupation rather than mechanization, as well as comparable labor- related practices. Indeed, business practices in China are currently a matter of profound interest for both the United States and the rest of the world's economically- developed countries, as the business and management strategies found within this country are relatively unique in terms of a traditional business sense. "
Abstract This paper discusses the principles of effective business communication. It is written from the perspective of a purchasing analyst of the Con Edison Company, but the ideas presented can be applied to most other business situations as well. The paper examines the following topics:
1. Principles of persuasive business communication: analysis
2. Techniques of business report writing
3. "Good news" and "bad news" letters, and other business correspondence
4. Giving effective oral presentations/ speech
5. Characteristics of non-verbal communication
From the Paper "Effective communication skills are vital for success in a business environment with most business people being engaged in some form of communication activity most of the time"reading, listening, writing or talking. Business communication is, however, different from academic or literary writing and speaking"it requires precision, clarity and efficiency since business people just do not have the time to savor an idea or an expression."
Abstract Posing a question like "what makes a successful business" can be like the parable of the four blind men describing the elephant - all the perceptions are accurate, but they aren't the full picture, and none really stands up on its own. The fact is that the elements that go into making a successful business are many, varied, and often industry/niche specific. Therefore, in order to deliver a small treatise on what it is that makes for a successful business, it is crucial to focus on the underlying structures rather than the detailed specifics. Whether or not to use a particular accounting method is not what this paper will cover, but whether or not to actually have an accounting method is within the scope of this paper. What follows is a structural guideline for helping to make a business successful.
This paper presents a detailed discussion on the various way businesses will have to adjust in coming years to accommodate the Hispanic population in the US.
2,150 words (approx. 8.6 pages), 9 sources, 2002, $ 80.95
Abstract This paper presents a detailed discussion on the various way businesses will have to adjust in coming years to accommodate the Hispanic population in the US. The census bureau has declared that in the future there will be more Hispanics in the nation than any other race. The author of this paper describes the demographics of that as well as the different things businesses can do to prepare for the diversity and the changes in the face of America from a business standpoint.
Tags:BUSINESS / ETHICS, INTERNATIONAL BUSINESS, business changing face
Abstract This study examines the structure of small businesses in an attempt to ascertain what is needed to start a small business and what the key success factors are for the maintenance of a small business within the United States and abroad. In doing so, this study also attempts to identify common factors among businesses that have failed in order to identify an appropriate methodology for defining what factors make a small business successful vs. unsuccessful.
Purpose/Aim of Study
Significance of Study
Prior Research
Methodology
Data and Information
Conclusion/Recommendations
From the Paper "Small businesses have been considered the mainstay in countries around the world. In many European countries for example, the small business has been considered crucial to the success and flourishment of the country in general. Most individuals embark upon a small business venture in the hopes of realizing ownership, independent profits and personal success. Small businesses can prove extremely successful when planned properly. Studies suggest that several small businesses however, close or fail within the first few years of operation. This failure suggests that a majority of small business owners may not have as yet realized the crucial success factors necessary for successful implementation of a small business."
Abstract The IM=X Pilates Studio have been involved in the Pilates, fitness, yoga, and back care industry for over ten years, and is now offering franchises. The writer of this business plan presents the franchise's mission-oriented goal and explains how the business goals of the franchise will include encouraging a respect and excitement about fitness in the neighborhood in order to increase the number of individuals who acknowledge the importance of regular workouts in a comfortable environment, and therefore, a gym membership.
Outline:
Goal of the Business Goods and Services Provided
Target Customers
Location of Services
Business Organization
Business Organization Operation
Forms
References
From the Paper "The largest domestic issue for any business is usually legal liability. In the business world, customers, employees, and other corporations can sue each other freely for what they believe is a mismanagement of funds or other legal mistake on the business' end. For instance, a business could borrow $100,000 from a bank in order to do building renovations, and the business goes bankrupt, a former employee could sue a business for wrongful firing, a customer could sue a Pilates instructor for pressuring her to perform sexually, and another business with which studio does business daily, like a courier service, could claim that it has not received payment. Both sole proprietorships and general partnerships deal with these issues solely through liability insurance. Even if only one owner makes a mistake, the entire business entity, which is the same as the persons who own it, can be held responsible. For a corporation and LLC, however, this is not true. While some personal liability still exists, only the person who actually committed the wrong can be held legally liable, and courts or victims cannot pursue the other owners' personal assets."
Abstract This paper describes the necessary elements in creating a successful business structure. The paper illustrates the conceptual development of the nature of the business as a beginning point for a new business. It details the development of a new enterprise by through performing market research, choosing a name and location, creating a legal structure as a sole proprietorship, general partnership, a corporation or a LLC, insurance, and advertising.
Table Contents
Executive summary
1.0 Introduction
2.0 Writing the Nature of the Business 3.0 Market Research
4.0 Choosing a Name
5.0 Location
6.0 Legal Structure
6.1 Sole Proprietorship
6.2 General Partnership
6.3 Corporation
6.4 Limited Liability
7.0 Insurance
7.1 Types of Insurance
8.0 Advertising
8.1 Media Advertising
8.2 Promotions and Discounts
9.0 Conclusion
Work Consulted
From the Paper "Starting a small business is a complex task but one that may increase earning potential and the control of being there own boss. The steps of completing a successful business structure include writing the nature of the business, performing market research, choosing a business name, obtaining a business location, choosing a legal structure, selecting insurance, and advertising the business to the public. Completion of these steps will give the business a solid base to build on."
