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Essay / Research Paper Abstract
This 12 page paper looks at international cross cultural management by looking at the cultural factors influence the business relationship between China and India. This is examined with the use of Hofstede’s model. The bibliography cites 11 sources.
Page Count:
12 pages (~225 words per page)
File: TS14_TEculChindia.rtf
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Unformatted sample text from the term paper:
the potential of international trade and at the same time the opportunities there has also been a greater exposure to diverse cultures. International management requires firm trading and operating
international to deal with these issues developing an understanding and adapting as required to deal with cultural differences. Dealing with cultural diversity across national boarders can incur costs, but the
benefits are often projected are worthwhile. If the potential markets are large the benefits may have a great potential. When looking at countries such as China and India, where
there are high population levels and markets that are developing. China and India are increasing the level of trade that they undertake with each other, however, in cultural terms
they are very different, Looking at the way trade is taking place there appears to a closer movement between the two countries. 2. Background
In 2004 7.8% of Indias exports went to China and 5.9% of their imports come from China. From Chinas perspective India is not as great a treading partner
due to the size of the economy (CIA, 2007). During the first eight months of 2005 the bilateral trade between India and China reached a record level; US$12.2 billion, the
total year for 2004 was $US13.6 billion (Asia Africa Intelligence Wire, 2005). The period between January and August was a 40.37% increase and ins increased from both sides, the exports
from India to China increased by 28.27% and the exports from China to India were up 58.66% (Asia Africa Intelligence Wire, 2005). The current aim is that bilateral trade will
reach US$20 billion by the year 2008 (Asia Africa Intelligence Wire, 2005, Asia Africa Intelligence Wire). Trade is being activity promoted between the two, for example, in Shanghai in October
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