Saturday, May 16, 2020

A Common International Business Discussion - 1880 Words

A common international business discussion in America today, is the assumption of an ominous Chinese power play in business. Americans assume that the combination of industry leverage and sheer number in population gives China a global advantage that they can exploit at will, a card they are sitting on, waiting to play. To help explore this concept, I will focus on China’s tech industry. We will examine some of China’s behemoth corporations in this market segment and compare them to their equivalents in the United States. Chinese corporations are subject to government oversight and many are restricted to the size of their economies due to relationships the government has created with the rest of the global economy. If the oversight and restrictions did not exist, would these corporations dominate the tech industry, or will they dominate regardless? Due to China’s huge economic growth and their large population, the equivalents to Apple, HP, Google, and Amazon in the once isolated Chinese eco-system are much larger than their American counterparts. Now these behemoths are pacing into the US marketspace; Lenovo through acquisitions, Alibaba through a New York Stock Exchange Public Offering, Xiaomi through growth of their smartphone, and Huawei by changing the costs of cutting edge network technology. Integration with Chinese technology raises concerns for Americans, their allies, and their respective policy makers. How much worse will the current â€Å"Chinese hacking†Show MoreRelatedEthics As A Key Term Essay939 Words   |  4 PagesDiscussion Board # 1 Johan Rivera Liberty University KEY TERM and WHY YOU ARE INTERESTED IN IT This paper will discuss ethics as a key term in cross boarder business. This topic is of interest because ethics are present in every day’s activities. 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Therefore, many countries developed convergence of their accounting standard into International Financial reporting standard (IFRS) by International Accounting Standard Boards (IASB)

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