International Management - Supreme Canning Company

The substantial part of the article concentrates on the way companies and their managers should embrace contemporary multinational market. The author claims: “Adaptation strategies are better suited to opportunities opened by the shift in the locus of teh global growth. (..)Western markets must compete in big emerging markets like China and India. But they can;t forcé their way in.” That is why, it is critical to pay careful attention to political, economic, or cultural diversity. Ghemawat is skilled in giving pieces of advice to those who underestimate the importance of countries differences and similarities. He also says: “I propose that every MBA gradúate – and presumably every global manager – have a mínimum body of globalization related knowledge, including (..)an understading of how differences between countries can influence cross-border interactions; awareness of the benefits of teh additional cross-border integration’.

The relationship between Japan and the United States was rather a complicated relationship. Both of them were

The best alternative to a negotiated agreement is what every organization needs to fulfill their wants and needs. This is an advantage because they clench a clear target to which they can match any assigned agreement. The two articles discussed within this paper state two alternative negotiation situations that are compared to my current work setting. The first article involves a United States company named Kennecott during the 1960’s in hopes of a contract renegotiation with the Chilean government. The second case discusses

Business is continually growing on a global level leading to international business partnerships, agreements, and trades. During these types of business relationships disputes are common (University of Phoenix, n.d.). If a dispute occurs one party may chooses to take legal action against the other party. Making the decision to take legal action businesses must make considerations prior to proceeding. Making the right decisions can build a strong relationship between parties. Considerations to take include contracts, local law, and local customs and culture. Steps may be taken to minimize risks in international business agreements as well.

The Japanese also believe that their culture is superior to others, called ethnocentrism. They believe they are much stronger than their surrounding Asian countries. They see things as fair or not fair only in terms of how it is fair to Japan and would not be concerned about whether it is fair to Company A’s home Country, the U.S. This could be something that Company A could have with trade issues. The Japanese will negotiate only on what is good for their Country, not the greater good of mankind. Americans telling the Japanese to act more like them would not go over well. In the past, America has tended to bash the Japanese so Company A will need to be almost apologetic from the start and cater more to Japan from the very

This observation is supported by Nyaw and Ng (1994) who found that Hong Kong managers are more tolerant of unethical behavior towards customers and suppliers than Canadian managers. At a corporate level, deception of various forms has been observed among East Asians (Tung, 1994). For instance, the Japanese speak with soft-spoken voices so that their American counterparts underestimate their tenacity. In the process of gathering market intelligence, some East Asian firms spread erroneous information to contaminate and frustrate competitors' strategies.

Since Japan’s exit from isolation and entrance into global, cross cultural exchange, many aspects of the Japanese culture have been shaped and changed from their original traditionalism. Despite Western influence, however, Japan has been able to maintain a sense of cultural identity through unique practices that are rooted in the original culture. A prime example of this autonomy can be found when observing Japanese business culture and ethics, especially when the United States is used as a cornerstone of comparison. In observing the modern business practices of both nations one is immediately drawn to the manner in which business is both discussed and

International projects present multinational corporations with many complexities in organizing a profitable transaction structure.Foreign exchange risk is an underlying problem. Credit risk presents another challenge. Payment terms and the certainty of realizing them can be difficult points. Negotiations with foreign corporations and governments, and with agents and intermediaries, present additional challenges. An example of the demanding environment for global financial activities is presented in the case of "Avicular Controls and Pakistan Airlines". It is found in Cases in International Finance on page 40.

Which Countries are involved in this case? Describe the diplomatic relations between those countries? Are there any trade agreements, policies, sanctions, political circumstances, or diplomatic issues which would impact management’s decision to enter the market?

Kollbrunner and Li should expect these potential concerns and seek for opinions from Indivers, QQMF and the Chinese government before the negotiation. More importantly, they should have remained open for many rounds of negotiation before reaching the deal so as to clearly address to both parties' concern and reach for feasible win-win solutions.

3) Given Japan’s culture, will the introduction of performance-based compensation schemes create any problems for Nissan in Japan? If so, what is the nature of these problems? Do you have any suggestions for overcoming these problems?

From the beginning, there was no preparation from Kelly’s company to assist her with the culture and customs of Japan. They failed to provide her with information on proper ways to communicate with her Western counterparts. Additionally, Kelly experienced a language barrier and only had limited Japanese which she self-taught on the flight to Tokyo. Without formal knowledge of Western ways Kelly clashed with Japanese culture when she placed the CEO’s business card in her pocket without looking at it. Had Kelly been informed she would have known to review the business

Another element of the American culture is the egalitarianism. The high regard of equality can be seen in the pursuit of equal opportunities, in the refusal of authority and paternalism, the requirement of participation as well as in the preference of informal behavior. (Stahl/Langeloh/Kühlmann, 1999: 57)

International business is much more complex than operating within the domestic market because countries are extremely different in many ways. The

Multinational corporations are corporations that have assets and facilities in multiple countries. More and more multinational corporations are starting to trade on multiple stock exchanges and stock exchanges in other countries. The idea of a company listing its company’s shares on multiple stock exchange markets is cross listing. In this assignment, I will explain the advantages and disadvantages of listing a company on different stock exchanges in different countries, the issues involved relating to raising capital in the global market, and how the globalization of financial markets change the way corporations do business.