Compare and Contrast Business Systems in Japan and China....

Question Compare and contrast business systems in Japan and China. Answer with reference to relevant theories and use comparative country and/or corporate examples. Abstract The comparison and contrast of the business system between Japan and China Introduction In Japan much of its arts, languages, religion and culture are imported from China hence there are some similarity in both countries’ business system but over the centuries, Japan was able to convert this commonalities into differences which is uniquely theirs and these differences have a huge impact on the business system of China and Japan. Overview of Japan and China economic growth While the economic growth of many other countries may be at a standstill, China’s economic†¦show more content†¦Secondly, for foreign organization doing business in Japan and China, an appropriate set of human management philosophy needs to be followed for specific business culture. In Japan, its performance is evaluated on the basis of the group hence managing Japanese people is a matter of managing groups, while in China, performance evaluation is based on individuals hence managing Chinese employee requires a careful focus on individual. Thirdly, a different kind of management control is required in Japan and China due to the differences in its business culture. In China, the Chinese employees are more used to competing individually rather than as a group hence its management control focuses more towards result based and empowerment, while in Japan, its management control focuses more toward group centred and process oriented control as Japanese culture is more tacit and place an heavy emphasis on group harmony.Show MoreRelatedCompare and Contrast Business Systems in Japan and China. Answer with Reference to Relevant Theories and Use Comparative Country and/or Corporate Examples.3017 Words   |  13 PagesCompare and contrast business systems in Japan and China. Answer with reference to relevant theories and use comparative country and/or corporate examples. Word count: 2,608 To understand the differences between Japanese and Chinese business systems we must first understand the meaning of a â€Å"business system†. A â€Å"business system† is a â€Å"methodical procedure or process, used as a delivery mechanism for providing specific goods or services to customers in a well defined market† (1). Unlike theRead More1. Compare and contrast business systems in Japan and China. Answer with reference to relevant theories and use comparative country and/or corporate examples. 2476 Words   |  10 Pages Introduction After the World War Two, Japan embarked on a journey of reviving its economy. The fast industralisation process is nothing short of spectacular. Japan’s basic infrastructure was basically destroyed in the war and she grew from a war-torn state to a world leading economy in a few decades. 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