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  3. Could you tell me what influence you think international business is having on work practices in China? Why?

Could you tell me what influence you think international business is having on work practices in China? Why?

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问题 Could you tell me what influence you think international business is having on work practices in China? Why?
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答案Suggested answers: a．I think global sourcing is influencing work practices in China. To say China is actually a global manufacturing plant—and the workshop is not in China but in Silicon Valley and the science parks of Europe and the United States. The majority of Chinese firms were at the primary stage of internationalization, making OEM goods with limited profit margin. In the second stage were a handful, such as TEL and Hawaii Technologies, with overseas production and sales networks. b．The global sourcing has become so widespread that many the Chinese firms want to go global. However, Chinese firms still have a long way to go to globalization. The third stage means global operations, with investment companies and R & D centers worldwide. This is far in the future for Chinese firms. c．The growth of international business in recent years has been clear and dramatic. International business profoundly affects work practices in China. The Chinese businesses are becoming more involved in international business. There are two broad reasons: strategic imperatives, which motivate globalization, and environmental changes, which facilitate it. d．Several basic motives have compelled the Chinese firms to become more global in both their orientation and actions. These strategic imperatives include leveraging a firm’s core competencies, acquiring resources at low cost, expanding into new markets, and competing with industry rivals. e．One major motive for globalization is the opportunity to leverage a core competency that a firm has developed in its home market. A core competency is a distinctive strength or advantage that is central to a firm’s operations. By utilizing its core competency in new markets, the firm is able to increase its revenues and profits. f．Another important reason for going international is to acquire resources and supplies such as materials, labor, capital, or technology. In some cases organizations must go to foreign sources because certain products or services are either scarce or unavailable locally. g．Seeking new market is also a common motive for international expansion. When a firm’s domestic market matures, it becomes increasingly difficult to generate high revenue and profit growth. h．Expansion into new markets carries with it two other benefits. First, a firm may be able to achieve economies of scale, lowering its average costs as its production increases. Second, such expansion diversifies a firm’s revenue stream. As it serves more countries, the firm becomes less dependent on its sales in any one country, thereby protecting it should that country’s economy turn sour. Finally, business sometimes enter foreign markets to better compete with industry rivals. i．Changes in governmental policies encouraged international business activity. Improvements in technology—particularly in communications, transportation, and information processing—made international business more feasible and more profitable. j．Advances in transportation have stimulated growth in international tourism, which is the largest component of international trade in services. k．The increasing ability of computers to rapidly process vast quantities of information allows firms to manage offices and factories located in every corner of the globe. l. Changes in communications technology, such as the advent of facsimile transmission and electronic mail, enable a manager in China to receive reports from colleagues in Europe or America in minutes rather than days. These technological advances make managing distant businesses far easier today than executives would have dreamed possible just a few decades ago and so have facilitated expansion into international markets. m．The impact of technology on international business activity has accelerated during the past decade due to the introduction and rapid exploitation of the Internet. Its advent is redefining the global marketplace. Managers in every country and in every industry are struggling to analyze the impact of e-commerce on their firms and ways of doing business.
解析 core competency核心竞争力。global sourcing全球性寻找商机，全球性寻找资源。leverage举债经营。OEM (Original Equipment Manufacturer)原始设备制造商，贴牌生产，代工生产。
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