To What Extend Does Jewish Business Thinking Model and Practise Affect Modern Enterprise Management in Chinese Fashion Industry
Abstract
Jewish is famous for its business tradition, wisdom and creativity. According to Forbes' Rich list published in 2022, the total number of people on the list in 2022 is 2,668, of which 267 are Jewish. It is reported that 11.6 percent of the world's billionaires have Jewish backgrounds and they take up about 13 percent of the wealth in the world. Advantages such as focus on education and learning, concentrating on budget conscious and stimulate innovation, and focusing on corporate social responsibility are worth learning for Chinese fashion industry practitioners. This is because the lack of fashion design innovation, workers’ comprehensive ability, education and training system, and corporate social responsibility are the most important weaknesses for Chinese fashion companies. Therefore, the purpose of this paper is to explore the Jewish business tradition and characteristics, deeply understand their business concepts and behavior, and use their essence to provide insights for Chinese fashion business practitioners to improve the above weaknesses.
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