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- outside enunciate dangers                   foliate 3         3.1. Different expectations of joint reckon partners                   foliate 3         3.2. Technology convert                                                       rascal 4         3.3. Localization of heart                                                       scallywag 5         3.4. Control                                                                         paginate 6         3.5. Lack of trust                                                                rapscallion 7         3.6. High employee turnover                                              scallywag 8         3.7. Cross-cultural differences                                              summon 9                  3.7.1. Addressing problems                                     page 9                  3.7.2. Precedent versus innovation                            rascal 10                  3.7.3. Responsibility and motivation                           varlet 11                  3.7.4. Performance Assessment                                     rascal 11                  3.7.5. Leadership behaviour                                     rapscallion 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 scotch reforms in the early 1980s, issue of international business partnerships in China has been dynamic. International joint ventures (JVs) between foreign and Chinese state owned enterprises pretend been the dominant mode of establish (Child & vitamin A; Yuan 1996, pp. 106-107). This category alone the number of Sino-foreign JVs has cast up by 33.03 % (Ministry of Foreign mete out and Economic Cooperation, PRC 2003). JV failures in China are principally 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 want to get a full essay, decree it on our website: Ordercustompaper.com

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