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The Importance Of Cultural Differences In Taiwan

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Essay Summary
Taipei is the capital city of Taiwan a country, which is located in an island with its neighbors being Japan to the north side, the Philippines to the south and the People's Republic of China to the westward. The city has a population estimated to be about 2.7 million with the rich traditional cultural background of Chinese people. The culture of the individuals leaving in the city is profound with factors such as the food, religion, language among others that are essential in influencing business activities in the region. As a manager who wants to open a subsidiary, it is vital to determine and understand these cultural differences, which may impact the hiring of staff and business operation.
Operating a business in a foreign country require a deeper understanding of various cultural differences, which exist in the region to assist in the management of business operations. One of these cultural practices is the need to understand the requirements from the division of labor. These include determination of division of labor and specialization of the people within the economy. As a manager, it is necessary to identify the patterns of wages and salaries payment rates that match with other firms within the city as well as considering the level of skills which matches the company’s requirements (Chaney & Martin 2013). Additionally, another cultural difference to understand is the communication and consumption levels of the product and services the company will

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