Business Marketing in Hong Kong
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Global Business Cultural Analysis: Hong Kong
August 16, 2013
Abstract
Hong Kong is a country with a perspective on morals, values, and administrative ways which is a general reflection of the region of Asia which is based under Chinese rule. There are successes and failures with the process of change which are important. The effects of Hong Kongs financial crisis can be a recovery with structural changes, and fluctuated fortunes of political parties with measurable of ups and downs which support of the government. The practices of different countries compared to Hong Kongs two systems on focusing the conflict between two different systems of laws. Hong Kong has been through an extensive critical period with their financial system, have had a broad variety in their peoples behavior, vast dimensions of major elements incorporated into their business ways, and a history of a corporate structure which is always changing.
Introduction
Hong Kong has transformed since the undisputable changes over time even over relatively short periods, and those characteristics seemed to be within the China it has grown off on which has been self-evident. A new way of thinking has been introduced into Hong Kong in order to separate them as a leader in business which they have received mainly from China in the last couple of decades. In this paper I will address the key major elements and dimensions of the culture in Hong Kong, address how these elements and dimensions are integrated by the locals conducting business in this region, address how this compares with that of the culture of the United States, and also address the routes a US business would take in order to conduct business in the region of Hong Kong.
There are practices and measures used in the past operating systems with the electoral system on party lists and proportional representation. For example, they appeared to endorse the governments intervention stock market. Hong Kong is a heavy populated region, which is a major factor on how people, as well as businesses, interact on a day to day basis. Overpopulation has become an issue to question in human rights, rule of law, and the exercise of high degree of autonomy, and the independence of judiciary. Hong Kongs infrastructure is designed to change any local, political, and constitutional issues whenever they occur if and by all means necessary. The history of Hong Kong is characterized mainly by the major elements and dimensions it has in this region. Since Hong Kongs introduction into the WTO, it has been integrated by the surrounding locals conducting business in this nation, which compares mainly to United States culture and in business as well. (Ling Lai, 2010).
Hong Kong has portrayed the influence of age, gender, social class, and ethnic identity into its culture and to areas around them. English is a language employed into of that of the government and in the legal system in education. In the realm of international business, Cantonese uses vast majority of Hong Kong in regards to its population, using that language for informal daily-life purposes (Ling Lai, 2010). Hong Kong has experienced disastrous economic downturn in its history. The unemployment rates have increased affecting not just the working class but the middle class as well, which also caused many changes in Hong Kongs educational policy (Ling Lai, 2010). There is no evidence or proof that English is the standard language of Hong Kong. This nation has a declined part of its economy in the number of teachers, employers, and foreign investors which is an alarming trend to this society. These consistent patterns can be said to be growing throughout different social class groups and the origin of the problem has been undetermined throughout research finding. The population of Hong Kong is rather homogenous standing at over 90% Chinese. This statistic proves that the majority of the social class has a closeness to one another and also that the middle class and English speakers are not literally in Hong Kong, which is also the case of other diverse multiracial societies in the United States (Ling Lai, 2010).
Communication in Hong Kong can be broken down from both locally and universally. Despite the length of the colonial British presence in Hong Kong, you cant really assume that English is universally spoken there. Of course within the top-level executives at the major corporations, the bulk of employees will also have a high level of fluency in English (and maybe some other languages too). In regards to the smaller firms, the foreign language levels are much lower reflect many communication difficulties. This seems to be the trend when you give an order, and a person doesnt fully understand what is being said. Many times when communicating with locals, check for comprehension by asking loads of “open” ended questions, this might help get a feel if they fully understand you or if they are still confused into what is being said.
In terms of communication, the Hong Kong Chinese can be more direct than that of other Asians, mostly as a result of centuries of the influence of the Westernized culture, even more so that those countries like Taiwan and Japan. In the Hong Kong culture it is also important to show an interest in issues outside of business as well. In this culture asking questions about ones health, family, and friends can tie into good icebreakers. Speaking about problems in business and or problems on the political side of business should be avoided until a strong bond has been developed (Mente, 1994).
The public attitudes toward the political leadership in Hong Kong have been a weakness for this nation and has continued to crumble in several crucial ways. There are public trust issues towards the government and the loyalty has been low in supporting the political elites. This low level of trust which the public shows leads to the lack of incentive of the population to form a coalition to strengthen popular appeal. Public endorsement of social and economic policy has exercised political power and influenced the population to side with the appeals of political leaders. These forces of appeals with political leaders help in competing with large number political elites (Siu-kai, 1994). The view of Hong Kongs attitude toward political authorities can be reasonable and tends to argue the popular mistrust of its leaders from unfavorable public evaluation and political competence that the British and Chinese governments portray. It is also arguable for