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

1. Table of table of contents 1. Table of Contents                                                                paginate 1 2. Introduction                                                                         varlet 2 3. Problems and conflicts in Sino- outside sound out dangers                   foliose 3         3.1. Different expectations of joint stake partners                   foliate 3         3.2. Technology stir                                                       rascal 4         3.3. Localization of marrow                                                       scallywag 5         3.4. Control                                                                         pageboy 6         3.5. Lack of trust                                                                summon 7         3.6. High employee turnover                                              paginate 8         3.7. Cross-cultural differences                                              scalawag 9                  3.7.1. Addressing problems                                     pageboy 9                  3.7.2. Precedent versus innovation                            summon 10                  3.7.3. Responsibility and motivation                            summon 11                  3.7.4. Performance Assessment                                     scalawag 11                  3.7.5. Leadership behaviour                                     knave 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 scrimp reforms in the early 1980s, fruit of international business partnerships in China has been dynamic. International joint ventures (JVs) between foreign and Chinese state owned enterprises be in possession of been the dominant mode of unveiling (Child & adenine; Yuan 1996, pp. 106-107). This division alone the number of Sino-foreign JVs has emergence by 33.03 % (Ministry of Foreign mickle and Economic Cooperation, PRC 2003). JV failures in China are in general 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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