Thursday, May 2, 2019
China's Market Essay Example | Topics and Well Written Essays - 500 words
Chinas Market - see ExampleForeign companies on the other hand feel insecure in Chinese regimen expectations because they will be forced to bargain away business secrets and intelligence in exchange for sales which may not be wise in the long term. The question this paper seeks to answer is whether strange companies in china should jeopardize loss of sales by refusing to transfer knowledge or estimable go along with the Chinese government terms and conditions?These world(a) companies should flatly refuse to move action to China considering that it is a communist country and the risks involved. It is very unfair for the Chinese government to subject these global companies to rules such as for them to make sales in china they have to relocate production in China considering the fact that they have not lacked the resources back in their countries. The Chinese companies want to learn redbrick management skills and acquire technology from these non-Chinese companies. This is takin g advantage of these non-Chinese companies just because China offers an attractive market in terms of size and growth rate.The global companies should instead try to penetrate the Chinese market in another dimension. Through aggressive marketing can overcome this bottleneck that China presents to the global companies. (Krott & Williamsson , 2003). The pocket in production to the China benefits China more because it creates employment to its people and at the same beat they acquire the vital skills especially in technology. This is a great danger to the mother companies because there is the risk of rival companies acquiring this technology.At the same time you cannot ignore the lucrative market that China is offering. Moreover, the hands in China is so cheap, thus saving the global companies a lot of money in production and operation costs. (Krott & Williamsson , 2003) The fact that there is a ready market for these companies in China is quite irresistible. Additionally, China ca n be a central distributing point
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