Country Analysis Essay Example | Topics and Well Written Essays - 1500 words

Country Analysis - Essay ExampleThis paper attempts to review all the relevant factors that subscribe to be considered with regard to starting a business in Taiwan for a foreign company. In the process it will also take into regard other factors like demography, religion, ethics, the level of corruption, and any other relevant factor that needs to be considered for an American company to start operations in Taiwan.Formosa was on a lower floor the jurisdiction of the Dutch government for 38 years. The Portuguese people however are the ones responsible for giving the island its name Ilha Formosa which translates to beautiful isle. This island is more popularly cognize by its Chinese name which is Taiwan. It was in 1683 that it came under the rule of the Chinese government via the Manchu dynasty. Taiwan is just one of the countries in Asia that is being surrounded by water. This is one of the characteristics of Asian countries that make it appealing to other neighboring countries fr om other continents. Being under the governance of the Dutch, Chinese and Japanese, Taiwan held a very declare possibility for multinational companies to venture business in (Shackleton, 1-5).Geert Hofstede was one of the pioneers in understanding the importance of culture in an international environment. This critically acclaimed sociologist and researcher has fit(p) the foundation for cross cultural studies, especially in the area of cross-cultural management (Phan, and Butler 231-260). The cultural environment of the country will be thence based on the cultural dimensions as studied by Hofstede. Other sociologists have also stressed on the importance of culture. Unless an foreign or diametrical culture is understood, managers from other countries could experience what is known as culture clash or shock (Hofstede 20). This has to be avoided in order to bring about a smooth working relationship between diverse cultures whether in business or