A Foreign Perspective on Potential Problems and Conflicts in Sino-Foreign Joint Ventures

1. Table of Contents 1. Table of Contents                                                                paginate 1 2. Introduction                                                                         pageboy 2 3. Problems and conflicts in Sino- inappropriate go dangers                   foliated 3         3.1. Different expectations of joint venture partners                   foliate 3         3.2. Technology transfer                                                       rascal 4         3.3. Localization of content                                          Â Â Â Â           scallywag 5         3.4. Control                                                                         rapscallion 6         3.5. drop of trust                                                               Page 7         3.6. High employee turnover                                             Page 8         3.7. Cross-cultural differences                                             Page 9                  3.7.1. Addressing problems                                    Page 9                  3.7.2. Precedent versus i! nnovation                           Page 10                  3.7.3. Responsibility and pauperization                           Page 11                  3.7.4. Performance Assessment                                    Page 11                  3.7.5. Leadership behaviour                                    Page 12                  3.7.6.

Guanxi                                                               Page 13                  3.7.7. Solutions to reduce cross-cultural differences         Page 13 4. Conclusions and Recommendations                                             Page 15 5. Bibliography                                                                        Page 18 2. Introduction Since China opened its doors to foreign investment and implemented stinting reforms in the early 1980s, increment of international business partnerships in China has been dynamic. International joint ventures (JVs) between foreign and Chinese state owned enterprises take away been the dominant mode of launching (Child & Yuan 1996, pp. 106-107). This year alone the number ! of Sino-foreign JVs has increase by 33.03 % (Ministry of Foreign switch and Economic Cooperation, PRC 2003). JV failures in China atomic number 18 generally very high and and 44% of all Sino-foreign JVs are considered to be a achiever (Blanchot & Mayrhofer 1998). Due to the many... If you regard to get a full essay, decree it on our website: BestEssayCheap.com

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