Business McConnell says new stimulus bill is top priority when Senate returns next week |
- McConnell says new stimulus bill is top priority when Senate returns next week
- Ultimate Guide for Entrepreneurs that want to do business in China! Everything you need to know about business culture in china (please share your personal experiences, tips in the comments! Thanks)
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- Help with no costs or effort. With tiktok
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- Looking for the right CTO
- Just starting advice appreciated
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- Do NDAs need business address included?
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- Do you avoid certain business activities because you lack expertise or because they're too time consuming? Some other reason?
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| McConnell says new stimulus bill is top priority when Senate returns next week Posted: 04 Nov 2020 10:24 AM PST |
| Posted: 05 Nov 2020 02:19 AM PST Overview of Business Culture in China For much of the world, business culture in China remains widely misunderstood, unstudied, or completely mysterious. Like any other country, China has its distinct expectations, customs, and etiquette for how business should be conducted. Chinese corporations are very proud of their traditions and therefore take them very seriously. Failure to conform to Chinese business etiquette can prove detrimental to companies that hope to break into the country's markets. One can even fail to expand in China without a proper Chinese brand name. The unique expectations for Chinese business practices are often a stumbling block for poorly informed companies. Without the proper understanding of business culture in China before engaging Chinese firms, organizations find themselves with a poor foundation and are often unable to accomplish what they set out to achieve. Philosophy and Business in China China is renowned for its rich culture and history. This national identity seeps into nearly every facet of Chinese society; business is no exception. Confucianism, named for the prolific Chinese philosopher and his teachings are a central concept in Chinese cultural makeup. One of the essential tenets of Confucianism is the implementation of a clearly defined hierarchy. An individual's rank corresponds with the amount of respect that they should receive from others. In this regard, disrespect or irreverence for leadership is rarely tolerated and often offensive. In his book, Chinese Business, and Culture, Kevin Bucknall emphasizes the importance of understanding this hierarchy structure and how it manifests in Chinese business culture. As he notes and individual's ranking may be subject to change depending on their contributions or usefulness, but the orders themselves – along with the expectations for behavior associated with them – never change. Another critical component of doing business in China is Guanxi. Guanxi is an abstract concept that represents a person's network and connections. More profoundly, it refers to an individual's relationship with different people and how those relationships can be leveraged into favors that are ultimately reciprocated. When trying to create new connections, it is commonplace to have an intermediary who is already well connected with Chinese enterprises to facilitate the meeting and future communications. Overview of Business Expectations in China Xinergy's analysts have determined that for enterprises looking to break into Chinese markets, it is of the utmost importance that their employees also work to understand the basic tenets of Confucianism and translate them into their interactions with Chinese corporations. The Confucian value of hierarchy has created a mostly vertical communication system and behavior in the Chinese business culture. Because of this hierarchy, meetings are often held between individuals who share relatively equivalent positions of power, as they are considered socially equals. Chinese professionals are very conscientious of their reputation, so firms are cautious when taking risks and are incredibly wary of opportunities that they consider uncertain. It might take several meetings for them to choose what action to take with new ventures, and only high-ranking executives are allowed to make such decisions; it is expected that subordinates will not share their opinions on such matters. Here is also some very peculiar informations about Chinese business customs and etiquette Understanding Business Etiquette in China
You can read much more about business culture in Chine here https://www.xinergy.global/your-ultimate-guide-for-business-culture-in-china/ [link] [comments]  |
| Dollar loses ground as Biden inches closer to White House Posted: 05 Nov 2020 02:43 AM PST |
| Help with no costs or effort. With tiktok Posted: 05 Nov 2020 02:32 AM PST Hey, If anyone of you uses tiktok or would take the time to download it,it would be a massiv help if you could use the invite code for the #supportyour sport campaign. For every code tiktok will donate money. Feel free to comment your Code in the comments. My code is: 89938101 Thanks you all for your help. [link] [comments]  |
| Business groups urge U.S. election candidates, all Americans to be patient until votes counted Posted: 04 Nov 2020 02:08 PM PST |
| Bezos sells more than $3 billion worth of Amazon shares Posted: 04 Nov 2020 07:00 PM PST |
| Qualcomm Shares Jump on Outlook for Booming 5G Chip Demand Posted: 04 Nov 2020 08:34 PM PST |
| Posted: 05 Nov 2020 12:20 AM PST Hey guys, I'm a sole entrepreneur working on my platform startup based in UAE, and I've found a potential CTO. Let me tell you what stage my startup is at: - Website is fully functional - App coding and prototype are both ready - trade mark registered - Commercially Licensed - No traction as it is not yet launched But there are few minor software adjustments that need to be made along with a few legal points to address. They both require money to be done. (the CTO I'm considering was initially handling my outsourced developers). I have a few business related questions tho,
and finally, what should be when? (I know this is very broad, but I'm trying my best to make sure that I can get all the help possible) If there are any questions I may have missed out on, please do share any points I should be taking into consideration and looking into. Thank you! [link] [comments]  |
| Just starting advice appreciated Posted: 04 Nov 2020 11:53 PM PST |
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| Do NDAs need business address included? Posted: 04 Nov 2020 09:51 PM PST Some context for the situation: Sending an NDA to manufacturer before I disclose the items I want included in the product they are making for me using their base product. They have a building address but I am starting an e-commerce business (only shipping in Canada and maybe USA in future) using products they will manufacture so there wont ever really be an actual business address. Do I just use my home address? Does the NDA need an address on my side or can it just have their address but none for my part? All the NDAs I've seen thus far have had addresses for both parties but they were for businesses using store fronts to sell products so I'm unsure if e-commerce ones need them as well. [link] [comments]  |
| India Stocks Rise, on Brink of Erasing Year-to-Date Losses Posted: 04 Nov 2020 09:43 PM PST |
| Posted: 04 Nov 2020 08:59 PM PST Hey everyone! I'm working on my MBA capstone project, and we're trying to understand frequent frustrations with common business processes like accounting/tax prep or business banking that might be difficult or time consuming. I'd love to hear your thoughts. Also, I've created a pretty quick Qualtrics survey. If you could spare a couple minutes to fill that out, it would be a huge help. Thanks! [link] [comments]  |
| TikTok Judge Skeptical of Need for New Order Blocking Trump Ban Posted: 04 Nov 2020 04:06 PM PST |
| No matter who wins the election, America will still be in a jobs crisis Posted: 04 Nov 2020 03:35 PM PST |
| Apple Faces Shortages in Power Chips for iPhone 12 Posted: 04 Nov 2020 06:27 PM PST |
| Posted: 04 Nov 2020 02:16 PM PST Looks like recreational marijuana will be legal in Arizona, any ideas on how i can benefit from this from a business stand point (I dont smoke) . [link] [comments]  |
| Posted: 04 Nov 2020 05:16 PM PST |
| India Is Spending Less on Growth Drivers With Deficit Blowout Risk Looming Posted: 04 Nov 2020 04:50 PM PST |
| As Biotech Crops Lose Their Power, Scientists Push For New Restrictions Posted: 04 Nov 2020 06:27 AM PST |
| Health Stocks Wake Up to ‘Best of All Worlds’ After Election Posted: 04 Nov 2020 07:25 AM PST |
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