Taiwan And Its Effect On Young Adult - 1487 Words

Introduction Taiwan general information Taiwan locates at the East Asia, which is surrounded by water. Taiwan now has a population of approximate 23 million. Basically Taiwan doesn’t have any natural resource, however, it has a small amount of natural gas, coal and limestone. Also, because of the geography factor, Taiwan enjoys vast aquatic products and well developed fishing industry. Since Taiwan is located in the subtropical zone, the average temperature is higher than Seattle, which is twenty three Celsius. However, Taiwan has abundance rain and typhoon in summer season. It may cause many disasters, such as water flooding, mudslide and power outage. Those disasters would cost unnecessary expenses for a company also damages property†¦show more content†¦There are many factors which a company should be aware of when they trying to enter an unfamiliar market. This paper will discuss those factors in separate categories, which are government risk, cultural risk and economic risk. Government Risk Legal System Taiwan implements civil law in the legal system, compared to the United States, which has been applied in common law in the legal system. There is the biggest difference between common law and Civil law that is the power of judges authority. In common law, judges aren’t limited by the rules. The final decision depends on the jury not the judge. Also, the judge will give the judgement by using a previous example or a similar case rather than the code which written in the law. On the other hand, civil law is a totally different system. First, the judgement is given by the judge not the jury. Secondly, all of the law cases are judged by the written law, there are not referring cases in the civil law system. Therefore, the judge has powerful authority in the civil law system. Since Taiwan is implementing civil law, as a foreigner company, we should make sure every step is following the law. However, if a law case happened in Taiwan, make sure a company has a lawyer who is an exp ert in the civil law not the common law. Gifting Gift giving is common in the worldwide. A person will bring a bottle wine when he or she is invited by the host. However, different country has a