Question 1 The location of Mc Donald’s‚ on the corner of Wangfujin street and the Avenue of Eternal Peace‚ is a very good strategic choice. It’s close to the heart of Beijing and Tiananmen Square‚ which is historically a very famous place and is still today a very active place. A lot of people cross this area every day and the fast-food concept match to the demand. Question 2 Mc Donald’s encountered the imperfect rules of Guanxi. Guanxi is one of the powerful forces values in Chinese culture
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Luxury brand’s expansion in China - Opportunities and possible strategies Bachelor thesis in International Business Spring 2011 Author: Dang‚ Xi-Er 890324-5085 Wan‚ Jessica 880226-4369 Tutor: Harald Dolles Acknowledgement This bachelor thesis has been written at the department International Business at the School of Business‚ Economics and Law at the University of Gothenburg. In the time frame of ten weeks‚ we have gained great knowledge about the luxury industry in general
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------------------------------------------------- Decathlon in China Decathlon is a French manufacturer and retailer of sporting goods‚ established in 1976. It provides to customers a wide range of products (clothing‚ shoes but also equipments) for more than sixteen different kinds of sports‚ from beginners to professionals. Through the years‚ Decathlon expanded its business abroad and in 2009‚ Decathlon had become the second top ranking sports retailer in Europe in terms of global sales. In
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market share‚ and brand recognition in the world’s fastesThere is no doubt that China has become the highest-growth market of Kentucky Fried Chicken. Seventeen years after opening the first KFC outlet in China‚ KFC has celebrated its 1000th restaurant milestone in Beijing on January 16‚ 2004 (business wire‚ 2004). As the Yum! Brands‚ Inc.‚ the parent company of KFC‚ states in the 2003 annual customer mania report ‚ “China continues to be our Rising Star‚ driving double digit sales growth for the fifth
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Ó Springer 2008 Journal of Business Ethics (2009) 86:143–157 DOI 10.1007/s10551-008-9840-y Google in China: A Manager-Friendly Heuristic Model for Resolving Cross-Cultural Ethical Conflicts ABSTRACT. Management practitioners and scholars have worked diligently to identify methods for ethical decision making in international contexts. Theoretical frameworks such as Integrative Social Contracts Theory (Donaldson and Dunfee‚ 1994‚ Academy of Management Review 19‚ 252–284) and more recently
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China Coin Politics in Children’s Novels: The China Coin by Suzanne Wilson Novels for children which encompass notions about history‚ about culture‚ and about politics‚ have been around ever since a ’children’s literature’ was recognised as something distinct from books for adults. Indeed it is difficult to imagine something more political in its content and aspirations than Charles Kingsley’s The Water Babies. But what is interesting today in the light of books for children now being
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prominent challenges facing China in coming years: dependence on imported oil‚ rising ratio of energy consumption to GDP‚ and environmental degradation (Fewsmith 246). While all of these issues are in one way or another being discussed by China’s policy makers‚ they are far behind the U.S. in amending their policies for the better. For example‚ though China’s energy bureau has doubled their staff from 50 to 112‚ this number is still minuscule compared to the US Department of Energy’s 14‚713 staff members. - China has
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Economic environment Until the 1970s China was a closed off agricultural based economy‚ in the late 1970s China opened up to the world‚ and since then China has become the largest exporter of goods in the world. China has still maintained some of its agricultural roots by remaining the leading exporter in agricultural goods such as rice‚ wheat‚ and tea(CIA Fact Book). China’s economy is a fast and rapid growing economy with a GDP of $12.61 trillion in 2012‚ making it the 3rd highest GDP in the
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“Made in China” Lonny “Made in China” is one of the most common labels one encounters in a shopping mall in the United States and Europe. If you take your bag out and look up the labels of all your stuff‚ you will find in fact that at least one-half of your belongings are made in China or assembled in China. Nowadays‚ some people experience the conveniences that Chinese merchandise brings and complain about
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Chapter 12 of gamer deals solely with the topic of religion in China. Right away it is told that the Chinese do not worship any one god‚ diety‚ or force. They are very spiritual but have no set predominant religion that most people worship. The Chinese culture can be said to be a mix between polytheistic‚ pantheistic‚ and atheistic. In the past some sinologists and sociologists such as Jan De Groot and C.K. Yang have sought to fully understand China’s religious position and have conducted many
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