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Week 4: Asia - Coggle Diagram
Week 4: Asia
Asia characteristics
4.4 billion people
40% of global economy
1/3 total global foreign direct investment
rising middle class
greenhouse gas emissions grew faster
SE Asia
largest economies (PRC and India)
HSBC, Lenovo, Honda, Hyundai, Toyota, Acer, Sumsung
West vs East
WEST
Individualist
early adopters
short term focus
limited heirarchy
merit based pay and promotions
shareholders deemed primary stakeholders
EAST
Collectivist
reluctant to follow capitalism
long term focus
steep heirarchy
seniority based
multiple equally important stakeholders