CASES OF DOING BUSINESS IN CHINA Editor: Professor Zhu Mingxia University international Business and Economics 2010 CONTENTS Introduction to China In context of “Doing Business in China – A Global Perspective” CASE 1: Starbucks management strategies in China CASE 2: The expansion of McDonald’s in China CASE 3: A Case Study of KFC and other Fast food Chains CASE 4: Successful story of IKEAN in China CASE 5: General Motors in China CASE 6: L’Oréal Group CASE 7: Market entry for
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The importance of doing green business. Here in Russia we consider that the slogan “Go green!” is one of the most important mottos for many western companies. Nowadays it is getting really trendy to do green business and to follow the rule “Think globally‚ act locally”. And actually I want to believe that it is not a cheap marketing move to attract more and more customers but these companies really work this way. I absolutely do not want to find out in one fine day that all sustainable manufacturers
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bureaucratic hurdles which the MNCs had to overcome‚ gradually reduced making it easier to do business. Corruption is another big hurdle when doing business in India. Areas like electricity supply‚ judiciary (particularly lower courts)‚ Police‚ land administration are counted in the most corrupt category. Since all these are essential in building up a business‚ corruption proves to be a major hurdle for starting business in India. Inadequate Infrastructure It has long been felt that roads and communication
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Colombia is situated in beautiful South America has two coastal borders located along the Pacific Ocean and the Caribbean Sea. Colombia enjoys being the sole South American country to be afforded the luxury of having two coastal borders. The country spans 440‚831 square miles of diverse land that lies about the equator . Visitors enjoy this aspect because they enjoy sunlight year around. The population is around 40 million and 70% of which is considered urban. Entrepreneurs and business owners
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Colombia is a country located along the equator line with a mostly monotonous climate; for many years‚ it was well-known because of its coffee‚ emeralds‚ flowers and unfortunately‚ drugs. But this view has been changing since people visit and observe the nation --. Our wounds from civil war and drug trafficking has been healed and currently Colombians welcome every tourist with open arms ready to show their culture and their wonderful land. This country deserves to be known. It has an unimaginable
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History of Colombia Colombia was inhabited by indigenous societies during what was known as the pre-Columbian period ("Background Note: Colombia‚" 2012). These indigenous societies consisted of hunters and nomadic farmers‚ as well as the Chibchas ("Background Note: Colombia‚" 2012). The Chibchas are known to be one of the most developed indigenous groups in all of South America ("Background Note: Colombia‚" 2012). Santa Marta was founded in 1525‚ which was the first permanent Spanish settlement
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Colombia is a country who is ranked #4 for the best soccer team according to FIFA and has improved as a country overall (“FIFA”). With soccer being the most popular sport in the world‚ many people think of a country based on their soccer team. There are multiple negative stereotypes about Colombia that the soccer team has begun to eliminate. The Federación de Futból Colombiana‚ impacts Colombia in a positive way. The international soccer team from Colombia changes how Colombia is viewed in the world
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Doing business in Middle East The United Arabs Emirates‚ a place where people from all over the world come to find success and fame. A place where your dreams can come true but not for everyone. The main reason for these are a lack of ability to adapt into a new culture. In history‚ culture differences have always been at the heart of conflicts between people and civilizations. We live in a highly populated world where cultures differ even from city to city. This creates conflicts and misunderstanding
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Chance Japan is very much open for business‚ Japan remains the world‘s third largest economy‚ after the U.S. and China‚ with a GDP of roughly $5.9 trillion. During 2011 the Japanese yen strengthened significantly against the U.S. dollar‚ reaching a 15-year high of 75.86 yen to the dollar in October 2011. American goods and services have never been more affordable for Japanese buyers. In 2011‚ the top exporters to Japan were China‚ US‚ Australia‚ Saudi Arabia‚ UAE‚ South Korea‚ and Indonesia. The
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Challenges and Advantages of Doing Business in China With China emerging as a global power in business within the last decade‚ knowing about doing business in China has become more important than ever. There are both many advantanges and challenges with doing business in China in this modern era‚ and understanding both sides of this coin is the key to being successful in China. Some aspects to keep in mind include the cultural barrier‚ the price of the work force in China compared to the United
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