Wednesday, May 6, 2020

Shui Fabrics Case Study Essay - 1485 Words

Shui Fabrics: A Critical Analysis of a Global Problem Shui Fabrics: A Critical Analysis of a Global Problem Introduction In this paper we will discuss the Shui Fabrics Case Study and its implications on managing in a global environment. The research of case studies gives us the opportunity to understand and apply the lessons we have learned in the course. The case explains that for 10 years, Shanghai Fabric Ltd., a Chinese fabrics company, and Rocky River Industries, a United States textile manufacturer, have been part of a 50-50 joint venture to produce dye and fabric. This venture, called Shui Fabrics, produced dye and coat fabric for domestic and international sportswear markets. Ray Betzell, general manager for five of†¦show more content†¦There are two sides to the problem, the Chinese and the American, and Ray is the only one who can see both of them. The reasons for these two points of view are the socio-cultural differences that exist among countries. Culture is what defines a country and it can be composed of the language, values, religion, models of conducts, and beliefs, among others. There are many cultural differences between China and the U.S. China has a strong sense of hierarchy and respect towards figures of authority. For example, the vice president of a company might decline to participate in a very lucrative opportunity if it meant going over the president and his boss. This is a behavior that many Americans would find difficult to understand because their priority would be to make money. Another example is the role women play in business world. Even though the number of professional Chinese women has grown, men still think they are inferior, which is why when they see a woman succeeds in a position usually occupied by men; she earns great respect (Fang, 2008). This is actually something that other countries looking to enter Chinese market can use to their advantage. These and the many other cultural differences that exist between China and the U.S. explain why they see the problem in a very different way. Based on these differences, if Rocky River decides to pull out of the venture, it will be very difficult for the Chinese to trust theShow MoreRelatedShui Fabrics1379 Words   |  6 Pagesdifferences between Ray Betzell’s and Chiu Wai’s perspectives on Sh ui Fabrics’ ROI in terms of the GLOBE Project value dimensions. Shui Fabrics is a joint venture between Rocky River Industries, an Ohio based company and Shanghai Fabric Ltd., of China. Ray Betzell, the general manager of Shui Fabrics along with deputy manager, Chui Wai, both share difference of opinions pertaining to the direction of the company. According to the case, Wai appeared very pleased with the overall direction that theRead MoreShui Fabrics: a Critical Analysis of a Global1165 Words   |  5 PagesShui Fabrics: A Critical Analysis of a Global Problem Introduction Case analyses are a way to analyze different types of problems or issues a company has over a period of time. They focus on issues such as changes that supervisors and managers are forced to deal with. These changes can vary such as a company’s business strategy or the overall completive industry. Case analyses are valuable tools for several reasons. They are able to give an example and provide a scenarioRead MoreUrban Regeneration And Urban Development9597 Words   |  39 Pagestremendous pressures in terms of population influx and economic growth which is leading to direct and indirect impacts on environmental resources, the health and wellbeing of people, the equitable distribution of resources and the overall social and built fabric (RIA, 2011, pg.01). 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