Daniel is the new boss in an American factory in Suzhou, China. He hired a nephew...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Daniel is the new boss in an American factory in Suzhou, China. He hired a nephew of a Party official to smooth over negotiations with the local government. The nephew was incompetent and cost the company a lot of money. The Chinese manager suggested that the nephew be transferred to an inactive position. This is not the American way because they do not understand the concept of 'guanxi' to build relationships in business. But the US bosses are far away and Daniel must act quickly. What should Daniel do? Daniel is the new boss in an American factory in Suzhou, China. He hired a nephew of a Party official to smooth over negotiations with the local government. The nephew was incompetent and cost the company a lot of money. The Chinese manager suggested that the nephew be transferred to an inactive position. This is not the American way because they do not understand the concept of 'guanxi' to build relationships in business. But the US bosses are far away and Daniel must act quickly. What should Daniel do?
Expert Answer:
Answer rating: 100% (QA)
In the scenario described Daniel is facing a challenge that requires balancing the local business practices in China with the expectations and practic... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these general management questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Please help with the discusin questions ! I give thumbs up Case #1: Hailing a New Era: Haier in Japan As one of the most valuable brands in China, Haier designs,manufactures, and sells various home...
-
There were no other non-current assets acquisitions or disposals. A dividend of 150m was paid on ordinary shares during the year. Required a) Prepare a cash flow statement for Blackheath plc for the...
-
Muhsin Company has gathered the following information about its product: Direct materials: Each unit of product contains 4.5 kg of materials. The average waste and spoilage per unit produced under...
-
Complete the proof of Cramers Rule for two equations containing two variables.
-
How does an auditor test whether employees whose names appear on the payroll register are bona fide, i.e., actually employed by the company?
-
Top managers of CC Oliver Products, Inc., have asked for your help in comparing the companys profit performance and financial position with the average for the industry. The accountant has given you...
-
Aspen Ski Resorts has 150 employees, each working 40 hours per week and earning $15 an hour. Although the company does not pay any health or retirement benefits, one of the perks of working at Aspen...
-
Consider the unadjusted trial balance of Burrows Landscaping at December 31, 2023, and the related month-end adjustment data: The following adjustments need to be made on December 31 before the...
-
The facts in the Collins case are, apparently, unremarkable, at least in British Columbia. Ruby Collins and her husband, Richard, had been under surveillance by constables from the R.C.M.P. Drug...
-
Using the software development life cycle approach, do we apply project management principles to software development? Elaborate on your answer.
-
Define business roles and give three examples for a bank.
-
From where do classes originate?
-
A major computer manufacturer is having a sale on computers. The number of computers sold during this sale at a sample of ten stores was $800,1,100,0,400,700,800,1,000,500$, 800 , and 300. a. Is...
-
What is the difference between domain definition and domain dictionary? Give an example for each.
-
Total Stock Administration costs under the EOQ model are the sum of: a. Storage and carrying costs b. Minimum stock costs and reorder quantity c. Carrying costs and reorder level costs d. Ordering...
-
A number of years ago the United Food and Commercial Workers Union organized 800 workers of the 1035 employees at one of the Wilson Brothers food operations in Toronto, Ontario. The employees include...
-
Tom has a successful business with $100,000 of income in 2012. He purchases one new asset in 2012, a new machine which is 7-year MACRS property and costs $25,000. If you are Tom's tax advisor, how...
-
Steve Jackson (age 51) is a single taxpayer living at 3215 Pacific Dr., Del Mar, CA 92014. His Social Security number is 465-88-9415. In 2012, Steve's earnings and income tax withholding as the...
-
Diane is a single taxpayer who qualifies for the earned income credit. Diane has two qualifying children who are 3 and 5 years old. During 2012, Diane's wages are $17,100 and she receives dividend...
-
A weight \(W\) is supported by three frictionless and massless pulleys and a spring of stiffness \(k\), as shown in Fig. 2.57. Find the natural frequency of vibration of weight \(W\) for small...
-
A sledgehammer strikes an anvil with a velocity of \(15 \mathrm{~m} / \mathrm{s}\) (Fig. 2.59). The hammer and the anvil have a mass of \(6 \mathrm{~kg}\) and \(50 \mathrm{~kg}\), respectively. The...
-
A rigid block of mass \(M\) is mounted on four elastic supports, as shown in Fig. 2.58. A mass \(m\) drops from a height \(l\) and adheres to the rigid block without rebounding. If the spring...
Study smarter with the SolutionInn App