Business Report.China and the U.S.- сountries with distinct cultures.

Business Report
Name
Institution
Due Date
Business Report
Executive Summary
Every country in the world has its values, customs, traditions, and beliefs that shape every aspect of life, including the business environment. China and the U.S. are two countries with distinct cultures. People in the Chinese business environment behave differently compared to those in the U.S. These differences are as a result of the histories of both countries. Greetings, for example, are taken seriously in China. The belief is that a good relationship starts with the greeting, and hence the emphasis. The Chinese also prefer indirect communication as opposed to direct communication. Aggression is not considered a show of power (like in the U.S.), but loss of control. In the U.S., having lunch with a potential business partner can attract unwanted attention. In China, this will be seen as normal and a show of respect for the potential business partners.
The belief in building relationships means that the Chinese value building consensus. The repercussion of this is that decision-making is slow. In business, it is unheard of in the American business environment that gifts are part of the etiquette. However, this is the case in China. While still on etiquette, it is also crucial to practice some etiquette while giving out business cards. Everything has to follow some precepts, or else a business deal could be broken.
Introduction
Every company looks to grow and take advantage of the vast markets available overseas. However, it is possible to miss out on these opportunities if one is not keen on the cultural differences between countries. These differences are deeply grounded in the culture of a country and are often aggressively preserved. China, for example, offers businesses opportunities for growth because of their large market. But, the country boasts a history of traditions and customs that date back thousands of years. These have also influenced how business is conducted in the country as well as how people speak and relate to each other. The U.S., on the other hand, is an amalgam of cultures, and this meant that the country had to define its business culture while looking to represent every race and ethnic group. So, unlike China, the U.S. does not have customs and traditions deeply ingrained in the business environment. In the US, the culture allows for informal gestures within the business sector and organizational structure is not strictly obeyed. While looking to expand to either nation, it is thus crucial to know what is expected and adjust accordingly.
The Chinese business environment is more formal compared to the U.S. business environment. While moving from a business environment like the U.S. to the Chinese, one has to wary of certain cultural differences that can influence the success of their endeavor. Some of these differences are as discussed in the subsequent section
Discussion
Greetings
Something as simple as a greeting can end a potential partnership in China. In the U.S., people say hello and often seem to use the phrase “How are you” as a cliché. People respond casually to this question and say they are fine or that they are doing well. No one expects you to start telling them ho...