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Essay / Research Paper Abstract
This paper examines how globalization has impacted operations domestically and internationally among firms in Asia. Bibliography lists 5 sources.
Page Count:
5 pages (~225 words per page)
File: D0_MTglcoop.rtf
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Unformatted sample text from the term paper:
managed to change and grow with the tide, so to speak. U.S. business, for the most part, as been used to adaptation, and going global isnt going to change that.
Where change has been most prevalent, however, has been in businesses along the Pacific Rim. Many of the Asian cultures - with traditions that are thousands of years old -
are undergoing some dramatic changes as the global marketplace begins to make its way into Japan and pierce what was once known as the "Bamboo Curtain."
Possibly one of the major changes that Asian companies have had to undergo in terms of doing business internationally has been with the culture of doing
business (Donlon, 1998). For example, "making deals" in Japan is somewhat different than "making deals" in the Western world. In most Asian countries, the relationship is everything, meaning that time
is spent on developing and maintaining a relationship, which is something that Western Society, which values more the idea of quickly "closing" a deal has some problems adapting to.
Another change that Asian companies, particularly Japanese companies, have faced is the change in how employees are hired and retained. The personnel
department in Japan is the most powerful department in a Japanese company (Donlon, 1998). However, in a U.S. company, a personnel department is simply a small part in a companys
overall objectives. In addition, the Japanese Employment System, long known for its lifetime employment policies, are undergoing a distinct shift because of
economic recession, global competition and the younger ranks of Japanese workers, who are not content to "wait their turn" until they gain enough seniority in order to qualify for a
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