Economic Development In China
300 words – due Monday 5 pm IST
You have to pick any ONE question and part (i.e. u can pick Q1c OR Q1d but not both…u have to pick from Q1 or Q2 only.). And answer that in the context of below 2 companies…BE VERY SPECIFIC. dont tell what apple does innovation etc etc… i do not need general words about company..i wanna know about application in china.
The question is:
4- Expanding into China: why are certain companies successful when others fail?
Nearly 50% of foreign business withdraws from China within two years of entering the market. Yet, others flourish, e.g., Starbucks. Please choose 2 MNCs of interest (one which has succeeded and one which has failed) and analyze in detail their operations to tentatively explain why one has succeeded when the other has failed.
These the company we chose:
Company winner options:
Wynn Resorts & las vegas sands
Q1 Topics that could affect success or failure
Chapter 2 potential questions
a) How does Chinese Communism affect Apple or Casinos if at all?
b) China is a mixed market (some state and private owned enterprises), how would that affect new countries trying to enter into their market.
c) What are the Property Rights for products or services in China
Q2) China is top 10 in least corrupt countries but could it affect casinos?
Chapter 3 potential questions
a) China’s overall Economic Development
b) Does China’s GNI affect their spending habits?
c) What is the political, economic, and legal risk of entering into Chinese markets and why does it affect casinos and not Apple?