Verse FinanceDue to globalization companies have opted to expand their market, overseas operation and gain trade agreements. Cheap labor has attracted multinationals to invest in Asia especially in China. However, one should be aware of the business cultures before delving into the China import business. The business culture can be described by the following: how business is conducted, how business decisions are derived, whose decisions are taken into account and even the lowly employees dedication is accounted for.
The business culture is shaped by the culture of the society where it exists. The importance of recognizing business culture in setting overseas operations is crucial in determining the success of the operations whether it maybe for profitability or enhanced productivity through efficient administration.