Market Entry In China

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Market Entry in China

Author : Christiane Prange
Publisher : Springer
Page : 231 pages
File Size : 54,9 Mb
Release : 2016-05-14
Category : Business & Economics
ISBN : 9783319291390

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Market Entry in China by Christiane Prange Pdf

This book compiles brand new case studies on the intricacies and market entry strategies of different companies in China. The sheer speed and scope of China’s growth makes it unique and investment opportunities are very attractive. Despite the potential, many western companies fail in their market entry strategies. This book traces the major sources of failure and uses cases to illustrate how firms can better cope with the challenging Chinese market. With a special focus on marketing, positioning, and branding, this book presents issues and solutions of both large multinationals and small niche market players.

Market entry strategy for the Chinese market on the example of Volkswagen

Author : Laura Parlabene
Publisher : GRIN Verlag
Page : 28 pages
File Size : 44,5 Mb
Release : 2012-11-14
Category : Business & Economics
ISBN : 9783656310020

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Market entry strategy for the Chinese market on the example of Volkswagen by Laura Parlabene Pdf

Seminar paper from the year 2012 in the subject Business economics - Offline Marketing and Online Marketing, grade: 1,0, Zhejiang University Of Science and Technology, language: English, abstract: During the last years the globalisation has increased the competition amongst the companies and made them more willing to enter foreign markets. Developing a market entry strategy is very complex and has long-term consequences for a company. Thus, choosing an adequate market entry strategy has an enormous importance. The present term paper is concerned with international market entry strategies especially for the Chinese market on the example of Volkswagen. In chapter two some theoretical basics of international market entry strategies are provided. In this sense, the term of international market entry strategy is defined and the motives for companies to enter foreign markets are analyzed. In chapter three the development of a market entry strategy for the Chinese market is examined. Therefore, the significance of the Chinese market will be shown at the beginning. Afterwards, the timing and the location of market entry will be explained. Finally, three forms of market entry will be presented. The fourth chapter creates a practical connection of the topic by explaining the market entry strategy of Volkswagen.

International Market Entry Strategies of Multinational Enterprises in China

Author : Anonim
Publisher : GRIN Verlag
Page : 33 pages
File Size : 48,7 Mb
Release : 2017-04-21
Category : Business & Economics
ISBN : 9783668435643

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International Market Entry Strategies of Multinational Enterprises in China by Anonim Pdf

Seminar paper from the year 2015 in the subject Business economics - Trade and Distribution, grade: 1,0, Edinburgh Napier University, language: English, abstract: While, in the United Kingdom the grocery market is saturated and growth is only achievable by gaining market share of a competitor, the People’s Republic of China (PRC) has significant growth opportunities due to a large population and an increasing middle class with a growing disposable income. However, time pressure is high, as many companies seeking to exploit the high growth rates, accordingly investments will become more expensive. Although, China has strong growth potential, it is still a relatively poor and state-controlled country with a multitude of regulations and risks. Hence, this report will assess risks and opportunities associated with a market entry in order to facilitate Sainsbury’s decision whether or not to expand its retail business to the Chinese market, as well as provide recommendations concerning an appropriate market entry strategy.

The optimization of market entry strategies focused on market entry barriers in China

Author : Elisabeth Bilewicz
Publisher : GRIN Verlag
Page : 80 pages
File Size : 51,7 Mb
Release : 2007-01-29
Category : Business & Economics
ISBN : 9783638587396

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The optimization of market entry strategies focused on market entry barriers in China by Elisabeth Bilewicz Pdf

Bachelor Thesis from the year 2006 in the subject Business economics - Business Management, Corporate Governance, grade: 1,6, University of Applied Sciences Essen, 119 entries in the bibliography, language: English, abstract: The introduction of this paper as well as the summary and the scope of work are drawn in the first chapter. Chapter 2 deals with the definition and relevance of the problem and outlines the research methods that are applied in this work. The third chapter is composed of the theoretical background for the subsequent case. For this reason chapter 3.1 gives an overview of the relevant market entry strategies. Afterwards an analysis of the selected market entry strategy that is relevant for the case - the joint venture - is given in chapter 3.2. This analysis is subdivided in three areas: a definition (3.2.1), the explanation of different variations of this market strategy (3.2.2.) and finally a critical comment in chapter 3.2.3 which includes a comparison of its advantages and disadvantages. In chapter 3.3 relevant theories for market entry barriers will be introduced. Porters Industry analysis will be described in chapter 3.3.1. Afterwards, the SWOTanalysis, its origin and elements will be explained generally in chapter 3.3.2 and Hofstedes cultural value dimensions will be outlined in chapter 3.3.3. Out of these theories the selected elements for the case part will be illustrated in chapter 3.4. First, the SWOT analysis will be explained in detail in chapter 3.4.1. For this reason the selected market entry barrier elements will be outlined. Again this chapter is sectioned into three parts: a detailed definition of the SWOT elements weaknesses (3.4.1.1) and threats (3.4.1.2) is given, its use is clarified afterwards (3.4.1.3) and a critical comment is drawn finally (3.4.1.4). The elements of Hofstedes cultural value dimension are analysed the same way as the theoretical elements of the market entry strategy and elements of the SWOT analysis. First, all selected dimensions will be defined. Chapter 3.4.2.1 is concerned with Power Distance, followed by the dimensions of Uncertainty avoidance (3.4.2.2) and Individualism versus Collectivism (3.4.2.3.). This definition will be closed with the last dimension: Long-Term orientation in chapter 3.4.2.4. In the following there will given be a critical comment on Hofstedes theory in chapter 3.4.2.5. After the theoretical background is outlined in chapter 3, chapter 4 is concentrated on the case part and the application of the discussed theories and methodologies into a practical environment. [...]

International Market Entry Strategies of Multinational Enterprises in China

Author : Anonym
Publisher : Grin Publishing
Page : 32 pages
File Size : 41,8 Mb
Release : 2017-05-30
Category : Electronic
ISBN : 3668435650

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International Market Entry Strategies of Multinational Enterprises in China by Anonym Pdf

Seminar paper from the year 2015 in the subject Business economics - Trade and Distribution, grade: 1,0, Edinburgh Napier University, language: English, abstract: While, in the United Kingdom the grocery market is saturated and growth is only achievable by gaining market share of a competitor, the People's Republic of China (PRC) has significant growth opportunities due to a large population and an increasing middle class with a growing disposable income. However, time pressure is high, as many companies seeking to exploit the high growth rates, accordingly investments will become more expensive. Although, China has strong growth potential, it is still a relatively poor and state-controlled country with a multitude of regulations and risks. Hence, this report will assess risks and opportunities associated with a market entry in order to facilitate Sainsbury's decision whether or not to expand its retail business to the Chinese market, as well as provide recommendations concerning an appropriate market entry strategy.

Contemporary Strategic Chinese American Business Negotiations and Market Entry

Author : Steven J. Clarke
Publisher : Springer Nature
Page : 573 pages
File Size : 49,5 Mb
Release : 2023-01-01
Category : Business & Economics
ISBN : 9789811969867

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Contemporary Strategic Chinese American Business Negotiations and Market Entry by Steven J. Clarke Pdf

This book is an effort to provide a “primary source”, a guide for Chinese/American cross-cultural negotiations, which has been constructed and amassed by professionals living and working in China. Research included personal interviews, surveys, case studies, face-to-face negotiations, and consulting, melded with a broad body of international business. This book that has two focuses, China market entry and negotiations, Both China and the United States are vast, complex markets, with different histories and cultures. China market entry requires extensive research and understanding, of the inextricably linked elements of (a) how business is managed in China, (b) understanding the China market, and (c) negotiating all elements of your China market entry and ongoing business. To be successful in China, your firm will face these elements in terms of explicable and solvable activities. Research into data, theory, and perceptual cultural differences between your firm and your Chinese counterparts adds magnitude to your China overall business strategy, and mandatory and essential negotiations.

Market entry strategy into Europe through Chinese multinational companies of online shopping platforms

Author : Jennifer Shojai
Publisher : GRIN Verlag
Page : 3 pages
File Size : 43,9 Mb
Release : 2020-06-15
Category : Business & Economics
ISBN : 9783346182142

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Market entry strategy into Europe through Chinese multinational companies of online shopping platforms by Jennifer Shojai Pdf

Seminar paper from the year 2018 in the subject Business economics - Offline Marketing and Online Marketing, grade: 1,7, International School Of Management, Campus Frankfurt, language: English, abstract: The paper presents a critical discussion of the market entry strategy into the greater area of Europe through Chinese multinational companies of online shopping platforms from an evolutionary perspective. E-commerce plays a major role in the modern age in the sense of globalization. Online shopping is increasingly dominating the retail market and hardly anyone can think away from shopping anywhere and anything in the world. What many do not know: Where do the strikingly cheap clothes of the originally unknown and dubious websites "She-In", "Romwe" and Co. come from?

Selling to China

Author : Stanley Chao
Publisher : iUniverse
Page : 250 pages
File Size : 52,7 Mb
Release : 2012-11-07
Category : Business & Economics
ISBN : 1475911807

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Selling to China by Stanley Chao Pdf

The conventional wisdom that only large corporations can do business in China is a thing of the past. Small- and medium-sized businesses today enjoy the same opportunities in China once granted only to large, multinational conglomerates. In Selling to China, author Stanley Chao helps all businesses learn effective ways to deal with Chinese businesspeople and private and state-owned companies; analyze whether certain products or services are viable for the Chinese market; understand the psyche of the Mao Generation Chinese who are now Chinas business owners, executives, and government leaders; and develop low-cost, market-entry strategies Filled with clear, tangible steps and applicable personal anecdotes, Selling to China bridges the gap between Western and Chinese cultures, languages, and histories to help businesses enter the Chinese marketplace.

Entering China - Which aspects should a transnational organization consider when entering the Chinese market

Author : Simon Hecker
Publisher : GRIN Verlag
Page : 37 pages
File Size : 51,5 Mb
Release : 2011-10-21
Category : Business & Economics
ISBN : 9783656034476

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Entering China - Which aspects should a transnational organization consider when entering the Chinese market by Simon Hecker Pdf

Seminar paper from the year 2008 in the subject Economics - International Economic Relations, grade: 1.2, Fontys University of Applied Sciences Venlo, language: English, abstract: Globalization presents risk and opportunities today and in the future. Transnational Organizations (TNOs) were the beneficiaries of the globalization; they expanded their activities aboard, created an international mentality and adapted their strategies for substantial growths. Many domestic markets of TNOs are already saturated and through the process of expanding abroad TNOs have been looking for new markets with a high growth potential. Nowadays, China represents a promising target for nearly every TNO. However, many TNOs fail to enter the Chinese market successfully or are not able to capitalize their potential. The purpose of this report is to conclude why China is attractive for TNOs, what the specific risks and challenges are, when operating in the Chinese market and on which aspects a TNO should focus when entering China. In order to answer these questions, the present economic situation, including the influences by the economic crisis, is analysed to demonstrate the relevance of the Chinese market. The current situation of TNOs in China is explored to provide an understanding of the different strategies to cope with the various challenges and risks in China. As a result an outline of the key success factors and most relevant strategic decision will give advice for the implementation of an efficient strategy. Transnational organizations have to target the Chinese market in order to remain competitive in the process of globalization. Poor infrastructures, different cultural behavior, copyright violations, fierce competition or concerns on the legal systems are risks that TNOs have to face in China. Therefore, transnational organizations need to implement efficient strategies in order to exploit their full potential in the Chinese market. Entering the Chinese market can be done by four major entry modes: Exporting, Licensing (Franchising), Joint Ventures or Foreign Direct Investment. It can be concluded that TNOs have to focus on an efficient innovation strategy and incorporate local responsiveness in their culture in order to adapt their company to the market environment of China. One global strategy for all countries, as in the past, is not possible anymore. TNOs have to implement a “Think Global – Act Local” strategy. The prospects for the Chinese economy are still promising and will continue to offer TNOs enormous competitive advantages.

Entering the Chinese Market

Author : Danai Krokou
Publisher : Unknown
Page : 150 pages
File Size : 51,8 Mb
Release : 2021-03-11
Category : Electronic
ISBN : 1637420323

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Entering the Chinese Market by Danai Krokou Pdf

With its dual appeal as the world's factory and the largest consumer market worldwide, China has become the preferred playing field for American and European businesses with global ambitions. China's massive global development project, the Belt and Road Initiative (BRI), now includes more than two-thirds of the world's countries. Many of the world's most promising entrepreneurs and ambitious companies are now growing in China, with China. Entering the Chinese Market aims to assist Western businesses and entrepreneurs to understand and effectively enter the Chinese market. An essential factor for the success of investors and professionals engaging in business in or with China is being able to understand and correctly set up a sustainable and effective corporate structure. This book discusses different company structures, their functions, and their respective liabilities, and provides practical and operational observations. The book details all applicable decision making processes to help you choose the most suitable structure based on your business scope, company needs and available capital when entering China. In addition, it discusses all relevant rules, regulations, documentation and management issues related to the establishment of different types of structures such as WFOEs (Wholly Foreign Owned Enterprises), Representative Offices (ROs), Joint Ventures (JVs) and other forms of investment. Topics covered in Entering the Chinese Market also include: tax, legal, intellectual property rights, common pitfalls and ways to address them.

Greater China in the Global Market

Author : Yigang Pan
Publisher : Psychology Press
Page : 224 pages
File Size : 41,9 Mb
Release : 2000
Category : Business & Economics
ISBN : 0789011883

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Greater China in the Global Market by Yigang Pan Pdf

Learn the secrets of doing business successfully in China! From tips on how to run joint ventures with Chinese companies to research on the tastes of Chinese consumers, Greater China in the Global Market contains the most up-to-date information on business and marketing strategies in China. This volume brings you the practical advice and empirical research of top experts in the field, including John Farley of Dartmouth College, John Child of Cambridge University, and Rohit Despande of Harvard University. Tapping China's huge economy can be highly profitable, but only if you understand the subtleties of doing business in the Chinese culture. Greater China in the Global Market offers insider's views of guanxi, the Chinese concept of relationship that can make or break international business ventures in China, as well as the expertise in Chinese corporate and consumer cultures you will need to establish successful business strategies. Greater China in the Global Market presents a comprehensive view of the essential factors in marketing to China, including: the difference in corporate culture between joint ventures and state-owned enterprises the most effective ways to manage the value chain activities in joint ventures the merits and limitations of various entry strategies, including umbrella companies, franchising, and contractual joint ventures, among others the influence of risk-absorption capability and risk-dispersion mechanisms on the choice of entry mode the factors that influence timing your entry into the market the changing tastes of Chinese consumers the correlation between brand consciousness and income in younger consumers a thorough literature review of twenty years of marketing research on China Greater China in the Global Market is a valuable resource for front-line marketing executives in China as well as corporate decision makers in their headquarters at home. It is a must read for academics and business practitioners with an interest in China.

Foreign Market Entry and Culture

Author : Thomas Wagner
Publisher : GRIN Verlag
Page : 25 pages
File Size : 45,8 Mb
Release : 2009-07
Category : Electronic
ISBN : 9783640384167

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Foreign Market Entry and Culture by Thomas Wagner Pdf

Seminar paper from the year 2008 in the subject Business economics - Miscellaneous, grade: 1,3, University of Aarhus, course: Culture and International Business, language: English, abstract: Going abroad is nowadays much more easy due to the continuous globalization process with lower transportation costs and immediate information exchange. Especially during the last decades firms have increasingly committed themselves to global markets in order to exploit cost advantages through lower labour costs or in order to follow the demand for their products (Barkema et al. 1996:164). A firm seeking to perform in a foreign market by establishing a business function (e.g. production management, distribution) has to choose the best mode of entry which is very relevant for the success of foreign operations and therefor an important issue. But foreign market entry does not come along without any costs especialy in cultural distant countries. The impact of differences in national culture, measured as cultural distance between the home country of Multinational Enterprises (MNEs) and the country of operation is a very important issue and therefor worth to examine. The main questions the paper tries to answer is: In which ways does culture matter in the internationalization process of a firm? How does culture affect the choice of market entry and which problems arise due to cultural differneces? Which impediments regarding culture have firms to deal with when going to China?

Global Market Entry

Author : Christopher Nagel
Publisher : Xlibris Corporation
Page : 87 pages
File Size : 50,8 Mb
Release : 2012-08
Category : Business & Economics
ISBN : 9781477158746

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Global Market Entry by Christopher Nagel Pdf

This book is intended to assist managers newly assigned to meaningful international responsibilities those with established positions, but looking for a primer on market-entry strategies, trade documentation, and the protection of a firm's international cash position. This short pragmatic text guides managers through the fundamental decisions necessary to access and serve new markets. The text also serves as a reference for the more granular' issues of trade finance. In the context of increasing levels of globalization and cross-border competition, the focus is on how managers can best position their firms for long-term sustainable profitability.

Talbots Clothing Company: Market Entry Plan in Chinese Market

Author : Alex Ngumbi
Publisher : GRIN Verlag
Page : 12 pages
File Size : 52,7 Mb
Release : 2013-12-04
Category : Business & Economics
ISBN : 9783656554738

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Talbots Clothing Company: Market Entry Plan in Chinese Market by Alex Ngumbi Pdf

Seminar paper from the year 2012 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, grade: A, University of Cambridge, language: English, abstract: The main aim of this report is to propose a market entry strategy for an organization in an emerging economic market. The paper has chosen Talbots Womenwear company to expand in emerging economic market namely China market. The paper uses PESTEL method to examine the market and analyzes the current market situation using SWOT model and proposes a market entry strategy for the company.

Trading With China

Author : Danai Krokou
Publisher : Business Expert Press
Page : 169 pages
File Size : 44,6 Mb
Release : 2021-10-07
Category : Business & Economics
ISBN : 9781637421284

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Trading With China by Danai Krokou Pdf

China’s rise to prosperity in recent decades coincided with the surge in global trade and falling protectionism. But as we are entering the third decade of the 21st century, the economic structure that prevailed in the West during the previous decades is now beginning to look very different. Global economic relationships are being redefined in the wake of the global financial crises, the recent US-China trade tensions, Brexit and the Covid-19 pandemic. However, when global trade suffers, so do local economies. In today’s economy, international cooperation and open trade are not an option, but a necessity. Trading with China is a concise and useful handbook to Western businesses, entrepreneurs and investors doing business with or in China. It is also a practical guide of use to anyone considering to export goods, services and technology to the Chinese market. The book contains industry information, updated data, key models, practical advice, and strategy options for different types of companies and industry sectors. It details all relevant procedures, opportunities and challenges by industry sector and geographical region. It discusses major issues such as market barriers, import requirements, distribution channels, labelling, and operational challenges. Topics covered in Trading with China also include: relevant rules, regulations, documentation and management issues related to the export of different types of goods, services and technology to China.