Dr. David A Dayton - Doing Business in China

At a recent luncheon hosted by the BRC for the World Trade Center in Orem, Dr. David A. Dayton, a leading scholar in Global Socio-cultural Studies, took center stage to unravel the complexities of doing business in China. His dissertation, which zeros in on comparative corporate cultures, shed light on Chinese Multinational Corporations (MNCs) in Shenzhen and Bangkok.

 

The audience, a mix of professionals, students, and business enthusiasts, eagerly absorbed Dr. Dayton's insights into the distinctive corporate practices in China. The focus was on understanding the challenges and opportunities within these vibrant cities, emphasizing the importance of adapting to local customs, notably the concept of guanxi, or interpersonal relationships, and politics that effect Chinese business culture.

 

During the Q&A session, attendees explored specific aspects of Dr. Dayton's research, revealing the evolving nature of corporate structures in China and the need for adaptability in diverse business environments.

 

Dr. Dayton's talk also touched on the idea of businesses considering opportunities beyond China. He discussed the potential advantages of moving operations to countries like Vietnam, Taiwan, and Singapore. This strategic shift in focus captured the attention of the audience, providing a broader perspective on international business ventures.

 

The World Trade Center expressed gratitude to Dr. Dayton for sharing these valuable insights and anticipates with more enlightening events in the pipeline. Stay tuned for further explorations into the diverse tapestry of global business practices at the World Trade Center.