Sunday, July 28, 2019

Comparison and contrast between business systems in Japan and China Essay

Comparison and contrast between business systems in Japan and China - Essay Example Business systems refer to those processes that are adapted by a business entity, to generate and deliver goods and services to its customers (Willoughby, 1981 p24). This entails the organization of resources, information and workforce, to ensure that the business applies the right mechanisms to generate and deliver the desired commodities to its customers. Therefore, business systems will differ from one business to the other and from one country to the other, based on the nature of the business, the industry in which it is operating, and the nature f the customers that the business is serving. All these factors combined, and coupled with the business objectives and targets, determine the mechanisms of the delivery that a business entity will apply to meet its customer’s needs. The business systems applied in a certain country also depends on the economic systems, the social and cultural orientation of the society, as well as other external forces that play a role in influenci ng the running and management of a business (Chen, 2004 p33). Factors such as religion and cultures of a people determine the business systems applied in a given country. Therefore, this study seeks to compare and contrast business systems applied in Japan and China, with a focus on understanding the factors behind their similarities and/or differences. Comparison between business systems in Japan and China There is a great similarity between the Chinese and the Japanese business systems. The business systems for these countries are centered on cultural values, where delivering value to the people is the key for business systems in both countries (Liao, 2009 p15). Both countries have the collectivist business culture, where there is a great deal of integration between the business and the family systems applied in the running and managing business. Thus, for both countries, businesses are focused on improving the family values, which are the core and origin of the business concepts. Thus, to deliver value to their customers, the business systems of the two countries are organized on networking as the fundamental principle of earning trust and developing business interactions, with the main goal of carving large market share for the businesses (Chen, 2004 p37). Earned trust is therefore a core value for the business systems in both Japan and China, which acts as the source of business targets and future prospects. It therefore follows that information sharing between businesses, which have established the principle of earned trust, plays a great role in enhancing business connectivity and partnerships. Considering the nature of the business environment in the two countries, where there lacks proper business institutionalized protections, survival and prosperity is only achieved through the principle of earned trust shared between businesses, which has its roots in the cultural and family value systems (Gordon, 2012 p223). Another comparison in the business syst ems between Japan and China is identifiable in state intervention (Wei, 2002 p27). The state plays a very pivotal role in enhancing the environment for business in both China and Japan. The state has maintained a direct involvement in the running of business, through state laws and regulations that guide the running of businesses in these countries. The states have provided policy guidelines that have seen both countries center their focus on the provision of value to their customers, an aspect that has enabled both the Chinese and Japanese businesses to operate successfully outside their domestic confinements (Hefner, 1998 p60). Through state regulation of business value systems, both countries have excelled in international trade, both

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.