This book describes how a deeper knowledge and understanding of cultural differences represents a meaningful and useful tool for management of companies, and in particular SMEs, in the People's Republic of China. After introductory chapters on the internationalization of SMEs and the role played by management in this process, the authors explore the implications of academic discourses on culture and its dimensions for company management. The influence of Chinese cultural roots and the country's current cultural environment on management is then examined, with provision of guidance on response to the identified challenges. A key feature of the book is the presentation of important recent fieldwork in the main economic regions of China. This research further clarifies how business culture and cultural differences impact on company activities in China and casts light on various aspects of the adaptive capability of SMEs within the country, highlighting the value of cultural awareness and intelligence. The book will be of interest to academics and practitioners alike.

This book of expert contributions provides a comprehensive analysis of contemporary global marketing issues under different international business settings. It covers a wide array of key areas of international marketing research such as cross-cultural consumer behavior, foreign market entry modes, international entrepreneurship, international marketing strategy, country-of-origin effects, internationalization process, international buyer-seller relationships, corporate social responsibility, and international marketing performance. With both theoretical and empirical contributions by prominent researchers from all over the world, the book highlights and advances extant knowledge on global marketing and offers recommendations for future research. It builds a useful reference for scholars, doctoral researchers, and senior students in international marketing/business.

China burst onto the world stage in the mid-1980s and in the past decade has been transformed into a giant magnet for FDI, attracting capital from all over the world. Everyone wants a piece of the China action. Nowhere is this more apparent than in the region of Southeast Asia, tucked as it is geographically beneath China's southern flank. Much of the FDI inflow into China has been at the expense of Southeast Asia. But this has been offset by new opportunities created through China's rapid economic expansion. This book provides an insightful and objective analysis on how to be successful in China, especially for Singapore businessmen. The authors have eloquently distilled several important lessons that have become apparent for business success in China.

All global countries are interdependent and all aspects of the global economy operate synergistically. The COVID-19 pandemic gave a renewed sense of urgency to focus on the synergies between supply chain, climate change, COVID-19, and sustainable development as they affect business in Africa and how what occurs in one part of the world affects the whole world. This book examines this synergy and the reciprocal impact of businesses, government, and society. Featuring contributions presented at the 2022 Current Business Issues in African Countries (CBIAC) Conference held at Wagner College in Staten Island, NY, USA, this book explores topics such as agriculture, entrepreneurship, education, gender, and capital flows in Africa demonstrating the wealth of business opportunities across the continent.  

The Arab Spring continues to spread throughout the Middle East, and it will end up transforming Islamic countries just as much as the two World Wars changed Europe.

The Great Recession that began in 2008, along with defects in the global economic system, played a large role in the unrest. During the 2000s, the economic prosperity of the United States and much of the world was based on borrowed money-and, as it turns out, borrowed time.

Hedge funds and economic policies of the United States complicated matters further. In this scholarly book, author Dr. Susmit Kumar examines how financial blunders have led to political upheavals in Islamic countries, as well as exploring the history of Islam and Islamic empires; the modernization of Islam; the state of the world economy, and where it's headed; and the present situation in Islamic countries.

The immediate future promises bloodshed and grandstanding, but in the end, the majority of Islamic countries will become secular and democratic. As with the two World Wars, a cataclysmic turn of events will ultimately unify the world as Islamic countries deal with the fallout from "Casino Capitalism."

As the world is currently in the midst of financial and economic crises, this collection of expert contributions focuses on strategy formation and implementation at various organizational levels to address the challenges ahead. The latest economic turmoil and its ongoing impact on business performance are compelling top managers to develop effective business strategies and redefine the boundaries of their operational and strategic activities. On one hand, tremendous challenges in the competitive business environment have become a source of global threats for many small entrepreneurs. On the other, investors faced with today's volatile economic conditions demand more gains on their capital investments to counter-balance the growing risk of global threats. This book explores the question as to whether it is possible to efficiently and effectively address these threats and obstacles. Are managers capable of planning and implementing strategic actions? What should the major managerial strategy be in order to overcome fluctuations in a market-oriented society? The strategies and practices recommended here are aimed to design continuous development competencies and contribute to the stability, recovery and sustainability of global business operations under volatile economic conditions. This refreshingly novel book seeks to establish managerial strategies and practices for effectively responding to challenges in the competitive business environment, as global volatility and fluctuations continue to worsen.

This book focuses on the development and trends of Chinese local luxury industry in the digital era, which brings a new round of manufacturing transformation and upgrading, as well as development opportunities. It reveals the connotation and mechanism of the new local luxury brands in China step by step by answering the questions of "what, why and how". Through the analysis of 200 + questionnaires by SPSS statistical tools and case study, the book concludes the internal mechanism and theoretical support for China to cultivate new local luxury brands. It presents an overview on the current China's local luxury industry.

This unique volume provides a broad introduction to the ethnic Chinese business in Asia, with focus on the ethnic Chinese in East and Southeast Asia. The growing interest in ethnic Chinese business reflects its importance in these two regional economies, and its relations with China's economy - the world's new economic powerhouse. It examines the nature and characteristics of the ethnic Chinese business, such as business networks, family business and conglomerates, concepts of xinyong and guanxi, and entrepreneurship and management. It also examines the input of history and culture in the formation and operation of ethnic Chinese business. The second half of the book is devoted to detailed regional studies, covering the Chinese in Thailand, Malaysia and Singapore, Indonesia, the Philippines, Hong Kong and Taiwan. This book provides an excellent introduction for tertiary students in business schools, and for prospective businessmen who wish to do business with the Chinese in East and Southeast Asia.

This book focuses on the cultural challenges often faced by international managers and global business operations. In the last few decades, the world has witnessed unprecedented economic turmoil, volatility, and uncertainty which has altered the political dynamics and sociocultural landscape around the globe and directly or indirectly affected international business activities. Further, new markets have opened up in every corner of the world. Brazil, Russia, India, and China, collectively known as BRIC, are strong emerging economic powers similar to the once captivated 'Asian Tigers' such as Hong Kong, Singapore, South Korea and Taiwan which rose decades ago. The emergence of these markets has heightened both the opportunities and challenges for national and international businesses. Multinational firms are gradually expanding in the emerging markets and are expected to become giants in the foreseeable future. As they expand, they also need to assume increasing social responsibilities in a global context, and it is important that the ways business is conducted are developed accordingly. As such, understanding the practices, challenges, and strategies that companies have developed is critical to global firm's success. Against this background, the book highlights the importance of understanding cultural elements when managing multicultural human behaviors in the workplace. Based on conceptual and empirical work, it pushes the frontiers of knowledge of this emerging field in international business setup and management, and explores how globalization is changing the way in which multinational firms formulate their business strategies. "The editors of this text bring a wealth of expertise in this area, as is evidenced by their choice of topics, and the strength of the experts they have invited to contribute to the book. The combined chapters provide both strategic guidance as well as a focus on operational concerns that may arise in international business including expatriation and human resource mobility. The authors not only correctly identify the oncoming challenges, but also present evidence regarding the likely solutions such as culture and innovation and global change management. Overall, this book will be a tremendous resource for scholars in the international business field, but I believe the audience will be much wider. The international team of editors and authors bring a wide range of perspective as well as real-world contextual knowledge that will be useful for scholars and practitioners who seek to leverage culture and human capital to advance international business and drive the global economy. I applaud the editors for their vision and leadership in guiding us through one of the most challenging contemporary research areas and through one of the most pressing challenges of our day." -Dr. Richard L. Griffith, Executive Director, Institute for Cross Cultural Management, Florida Institute of Technology, Melbourne, FL, USA

Business in Contemporary China offers a compilation of the best and most relevant articles on Chinese business for use in the classroom or the boardroom. Covering political, economic, and environmental factors, as well as the impact of technological advancements on Asian business, the book provides a well-rounded picture of Chinese enterprise. Philips and Kim select only the most recent relevant articles, arranged topically with an introduction to each chapter to contextualize and position the content. To further enhance its teaching value, each chapter also includes: A "perspectives" opener offering the opinion of a top academic on the topic at hand; Practical application exercises and review questions to test the reader's knowledge and understanding; Discussion questions to stimulate further analysis; Suggested topics for classroom debate; and Bibliographic suggestions for future research. Covering both private and public sector topics, this will be a valuable resource for any student of international business, cross-cultural management, or strategy, especially for those interested in business in Asia or China.

Economic and business growth is driven by the continuous re-evaluation and optimization of current policies and practices. By implementing more effective procedures, businesses can increase their levels of competitiveness. Factors Affecting Firm Competitiveness and Performance in the Modern Business World is an authoritative reference source for the latest scholarly research on the most appropriate measures and initiatives for firms to become more competitive within various sectors. Incorporating interdisciplinary perspectives through theoretical foundations and real-world case studies, this book is ideally designed for professionals, practitioners, upper-level students, policy makers, and managers interested in the optimization of business performance.

Examining the importance of cultural attitudes on human resource practices, this book addresses an important, but often neglected aspect of cross-cultural leadership. First providing an overview of globalization processes and a description of the global mindset concept, the author discusses how the mindset of a manager can influence cross-cultural leadership behavior and behavioral intentions. Global Mindset and Cross-Cultural Behavior: Improving Leadership Effectiveness shows how an intercultural and global approach improves managerial attitudes towards different cultural values, intercultural interactions and motivation. Using a behavioral intentions model to provide a tool for predicting cross-cultural leadership behavior, the author demonstrates how this can be applied to human resource strategy and practice.

Asia is a continent of contradictions and boundaries; it offers exciting business opportunities, but is also characterized by unpredictability and conflict. While flexibility and creativity are in the DNA of many startups in China, major players like Xiaomi and Alibaba have also emerged as global giants, challenging established global competitors. The authors of this book show that these companies are crossing various boundaries - between cultures, mindsets, and perspectives. At the same time, Western companies entering Asian markets face challenges that are very different from those on their home turf. This book addresses the needs of current and future managers doing business in Asia, who need to understand the individual, social and business challenges that can arise from crossing boundaries. The respective case studies provide essential insights on how several Asian companies have made impressive strides towards becoming established players; how the revival of local brands and growing pride in local products has become a major challenge for global competition; how the need to actively practice corporate social responsibility in Asian markets is currently challenging many companies; and how the need for individual and team coaching among the members of management to support a company's development has grown tremendously, calling for new solutions.

The world-class National Palace Museum (NPM) in Taiwan possesses a repository of the largest collection of Chinese cultural treasures of outstanding quality. Through implementing a two-organizational restructuring, and shifting its operational focus from being object-oriented to public-centered, it aims to capture the attention of people and promote awareness of the culture and traditions of China. In this vein, the NPM combines its expertise in museum service with the possibilities afforded by Information Technology (IT). This book analyses the research results of a team sponsored by the National Science Council in Taiwan to observe the development processes and accomplishments, and to conduct scientific researches covering not only the technology and management disciplines, but also the humanities and social science disciplines. The development process of new digital content and IT-enabled services of NPM would be a useful benchmark for museums, cultural and creative organizations and traditional organizations in Taiwan and around the world.

The effects of globalization strategies of multinational enterprises (MNEs) on national and local development are explored and analyzed here and implications of these effects for policy makers are highlighted. Containing contributions from international business scholars, the text addresses this previously little explored but critically important issue for the future of the world economy.

The corporation model of organizations is in terminal decline, says Cook, and is being displaced by what he calls syntagma, a body of persons forming a division of the population of a country. The point he makes by this is that the emerging organization will be no artifact, no fabrication. It will be innately human, and in that sense, organic. His book traces the philosophical and historical development of the modern corporation through Hellenistic-Judeo-Christian theologies, with particular emphases on the social, political, and economic impacts of rationalistic science, impacts such as humanism, democracy, capitalism, and behaviorism. Cook offers an analysis of the critical aspects of the corporation as it exists today, and draws heavily for evidence upon contemporary management theories and practices. In doing so he argues that it is the radical changes going on in society itself that is rendering the traditional corporation obsolete. And, since western civilization is undergoing an epochal shift, the new, emerging corporation can have no resemblance to the old model. He maintains that the organization evolving to replace it will be characterized by common values, mutual purpose, excess capacity, and creative action, and will have two dynamics, what he calls commensuration and essentiality. Only with this kind of human system is it possible to create an organization that solely and exclusively serves the common good. His book is a provocative contribution to the professional and academic literature of several fields, including management, the social sciences, organizational behavior, development, and history, and will be of particular interest as well to certain well informed nonspecialists with concern for the role played the corporation in their societies.

This book investigates the South African business cycle and its links to structural change in the economy. Against the backdrop of the democratic transition in 1994 and the global financial crisis, the authors study how business cycles in South Africa have changed and how cycles are related to key developments in the financial markets, international trade and business sentiment in the country. By focusing on peaks and troughs in economic activity - so-called 'turning-point cycles' - the book links up with the common approach of international policymakers to studying fluctuations in economic activity. The authors also introduce new approaches to measuring phases of the business cycle (to understand slow recoveries after the global crisis), provide comprehensive descriptions to complement quantitative analyses, and utilize new data sources that allow the measurement of economic activity over longer periods. As such, the book provides the first integrated overview of business cycles in an emerging market, providing academics and policymakers with a better understanding of the measurement challenges and drivers of the cycle.

Post-Materialist Business presents a spiritual-based approach to business and management. It uses pluralistic view of spirituality and provides a number of inspiring cases of alternative organizations which go beyond the materialistic mindset of business and serve the common good of society, nature, and future generations.

A compelling look at the history of offshore banking and its current applications. Revealing. Insightful. Candid.

Offshore Banking - When initially brought up, the concept probably elicits images of the Swiss Alps or the beach in the Caribbean, yet in today's global economy these fairytale-like images are not related to offshore banking at all. Behind the Offshore Veil reveals the long, prestigious history of private banking and its current applications. Serving as a detailed introduction into the complexities of the offshore world, Behind the Offshore Veil puts to rest the mainstream misconceptions over the legality of offshore banking.

Over the past two decades, the offshore market has experienced a significant increase in popularity as more individuals have begun to see the vast benefits associated with it. Now more than ever, the need to diversify offshore has become commonplace in furthering business interests while protecting personal wealth. The Banking Crisis of 2008 further affirms the need for business owners and professionals to exert greater control of their assets by bringing critical banking functions in house.

Written by two authors with a combined 30+ years in the international banking industry, Behind the Offshore Veil is a must read for individuals in the business, financial and entrepreneurial sectors; all who seek greater profit, privacy and diversification of their assets.

Bringing together a collection of interdisciplinary chapters on China's Belt and Road Initiative (BRI), this book offers a comprehensive overview of the topic from a business and management perspective. With a focus on the China Pakistan Economic Corridor (CPEC), Volume II provides theoretical and empirical analyses of the opportunities and challenges facing businesses. With contributions covering economics, agriculture, energy, value chain, ethics, governance, and security, this collection is a useful tool for academics as well as policy-makers and practitioners in China, Pakistan, and other countries along the new Silk Road.

Not surprisingly, the companies and leaders that are successful globalizers engage in similar practices - key practices that other companies regardless of size can emulate. In my two decades of operating and consulting to over 200 major corporations on outsourcing and globalization, I've seen similar trends and patterns among firms that have succeeded in services globalization and have come to recognize that there are seven best practices. This book is about sharing those practices, these seven secrets. The seven secrets also includes sage advice and wisdom from executives at organizations that are successful globalizers, including Applied Materials, Lenovo, Cisco, Fedex, Virgin and Plantronics. The end result is a book designed for executives at organizations positioned at all levels of global maturity.

In this volume, Nobel Laureate James Meade discusses a set of radical changes in economic institutions and policies designed to show an efficient, socially acceptable third alternative between Keynesian inflation and monetarist unemployment, and between the inefficiencies of socialist centralism and the ravages of unrestrained capitalist competition. According to Meade, these changes should aim at allowing freedom of individual choice (liberty), producing a high standard of living (efficiency) and avoiding excessive divergences between riches and poverty (equality).
But there are inevitably clashes between these objectives. For example, free competition may promote liberty and efficiency but will offer high rewards to the owners of scarce resources and low rewards to those who command little earning power, resulting in the denial of equality. The author suggests a set of reforms which could mitigate the effects of such clashes. Such a review of institutions is highly relevant in the present age of social uncertainties. For example, on what lines should the post-communist economies of Eastern Europe be rebuilt? Can we avoid the stark choice between the inflation of Keynesianism and the unemployment of monetarism? Can the ravages of free capitalist competition be avoided without the inefficiencies of centralized economic planning?

Including an extensively revised version of Meade's well- known tract, "Agothopia: The Economics of Partnership, Liberty, Equality, and Efficiency" will be of interest to both economists and political scientists.