University:
University of Houston
Course:
BUSI 1301 | Business Principles
Academic year:

2024
Views:

63

Pages:

1
Author:

Alisha Shaikh

-What challenges do companies face when they bring together workers from different cultures? Bringing workers from different cultures to work together can pose some challenges. Different cultures have different work styles/ethics which can sometimes cause a sense of disharmony amongst workers, who are each working in their own way. Some may not agree with the work style/habits of others. There also may be miscommunication, for instance in one culture, being late may be acceptable while in the other it may be seen as disrespectful. -What are some pros and cons of Fuyao expanding its business to another country? (2 pros, 2 cos) Pros 1. Can help migrate import tariffs and trade barriers, making products more cost-competitive. By manufacturing within the target market, Fuyao can avoid tariffs imposed on imports offering more competitive pricing to customers. 2. Regularly to bring Fuyao products to US they would need to export which is costly but now that the business would expand in US, the products would be manufactured there and shipping costs would be cut 3. Expanding a business in another country causes job opportunities to be made Cons 1. As visible in the documentary we saw, the differences in cultural expectation and working ethics may cause disruption 2. Adapting to the culture and marketing towards them may be extremely hard 3. It can affect the amount of profit made because sometimes it's more costly to run a business in another country (ex America may be more costly than China due to safety and wages) 4. Unionizing is a con because american workers were attempting to unionize but Fuyao disagreed which posed challenges 5. Setting up the business in general takes a long time (finding business, workers, training them, setting targets, etc)