Global Management and Country International Management Practices Essay

Submitted By tobycheung9x
Words: 2365
Pages: 10

Global Management and Country International Management Practices

Date: 14 of May

Table of Contents

Executive Summary
The objective of this report is to identify management practices and global operations in an effort to realize a business environment to carry out business with New Zealand. This paper presents an analysis of China’s cultural and organization behavior in the corporate world, focusing on strategies employed to run successfully and maintain a title as the World’s second largest economy. China is the country with the highest population in the world with about 1.4 billion people. The country’s politics scopes around its socialist, communist and authoritarian characteristics that have been narrowed down to socialism with Chinese characteristics. In fact, majority of the public (about 86%) give positive comments about the country’s leadership. As such, the country is stable politically to invest and run a business in the foreseeable future. Today, it is the world’s second largest economy in total gross domestic product (nominal) as well as PPP. Technologically, the country prides as a techno-nationalism that has advanced to be among the top world technological powers. The country spends over 100 billion dollars on scientific research and technological development. China in general presents a favorable investment destination for investors. Other than a few unfavorable indicators in politics and congestion, in the transport sector, international companies in the country might pose stiff competition. Globalization has been pictured to set the pace of international business trades. In this effort, the interests of the stakeholders need to be fulfilled. The industry consists of a number of stakeholders such as the customers, staff, owners, and the community that the management has to serve in different ways.
Introduction
The objective of this report is to identify management practices and global operations in an effort to realize a business environment to carry out business with New Zealand. Therefore, this paper presents an analysis of China’s cultural and organization behavior in the corporate world focusing on strategies employed to run successfully and maintain a title as the World’s second largest economy.
Country Overview
China is located in East Asia and is the second largest country by land coverage as well as the third largest in terms of the total area in the world. History of China confirms the country is increasingly changing in politically, technologically, socially and legally with significant global impacts (Delmas 102).
The country’s politics scopes around its socialist, communist and authoritarian characteristics that have been narrowed down to socialism with Chinese characteristics. The ruling party is the Communist Party of China whose power is restricted to the Constitution of China. A sense of democracy exists in the political system as there are other parties that are allowed to content in national elections. The country’s politics scopes around fighting corruption and ending unnecessary bureaucracies that help reduce the gap between the rich and poor. The trend in democratization of and liberation has improved since 1970s. In fact, majority of the public (about 86%) give positive comments about the country’s leadership. As such, the country is stable politically to invest and run a business in the foreseeable future.
In the economic spectra, China has experienced rough and smooth economic fluctuations until 1978 when economic reforms were endorsed. Today, it is the world’s second largest economy in total gross domestic product (nominal) as well as PPP. Two largest economic industries are textile and mining, followed by energy (electricity) production (WorldSavvy 3). China’s economy consists of a mixture of socialism and capitalism with its trend inclining to a free-market state. However, the government owns all the land and for one gets a lease to occupy…