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Management Consultancy Business in China - Assignment Example

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This paper "Management Consultancy Business in China" focuses on the fact that the business leaders of a management consultancy company have elected to open a new business office in the People’s Republic of China. This represents a significant volume of challenges to the consultancy business. …
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Management Consultancy Business in China
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Download file to see previous pages One expert in international business proposes what the author calls the four Ps of corporate political activity. First, it is proposed that the business which is opening in a new, international environment should consider how the political issues actually arise in order to determine the best method of dealing with these issues. The new consultancy office will face no significant issues in terms of political activity in this region. This is supported by the notion that today’s more liberal Chinese leadership does not attempt to restrict foreign business leaders from entering the Chinese marketplace, rather this political leadership attempts to build relationships with incoming foreign businesses in order to enhance the country’s economic conditions. What is suggested is that the political landscape is much more Westernised in which regulatory entities in China understand the added value of foreign businesses, especially those which do not import products, to assisting the national economy from a business perspective. 

Research evidence did not uncover any unusual or notable political aspects which would hinder business, especially a service-oriented consultancy business, in any measurable way. Since the consultancy firm will not be exposed to tariff restrictions, since there are no products being imported, it is expected to enter a market environment which promotes foreign business success and values partnerships.

In terms of economic issues which might face this consultancy business, the Chinese environment, today, maintains a strong focus on greener business principles3. This appears to affect virtually every sector of business in all different types of industries. The research did not uncover any government-sponsored programmes which offer tax breaks to companies who maintain a green focus on the environment. Therefore, one aspect which must be considered is the notion that any government-induced initiatives aimed at businesses for green business practices do not exist, therefore compliance with green initiatives could be an operational expense which will be routinely experienced in the Chinese environment.  ...Download file to see next pagesRead More
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