World Markets Essay Example

growth. To comply with Chinese regulations, companies must provide training related to personal bravery, tolerance, dedication, and perseverance. As a result of improved work conditions offered by Chinese firms, productivity has considerably risen resulting in an economic upturn.

In response to the drawbacks of individualism, China has taken steps to promote togetherness instead of relying on the earlier notion of heroism. This shift has led to a thriving business sector, resulting in high local and global sales and overall stability in international business and marketing. Additionally, China prioritizes community relations through their tradition of promoting society.

China's success in business can be attributed to various factors such as positive gross profit margins due to people appreciating their products. They also have a strong focus on social responsibility as a tool for business and marketing. Additionally, their high labor supply due to a large population allows for continuous production, resulting in successful mass production and consumption. This success is evident even in the American market, where products from China can be traced back to meet domestic and industrial demands.

Lowering prices can lead to increased demand and higher profits for companies, as seen in China where companies such as General Motors have been rewarded for establishing themselves and selling to markets including Chinese Isuzu, Daihatsu, and Daewoo. The resulting earnings contribute to the growth of the Chinese economy and bolster the country’s presence in the global business and marketing industries. However, companies with ties to China may face backlash due to their involvement with policies in Tibet, which many people are opposed to.

The majority of people support leaving the region, causing concerns for companies that stock

related products. If the Chinese government doesn't intervene and resolve the stalemate, these companies could suffer even greater losses. Sales have seen a significant decline, and surveys suggest that the impact may be worse if people continue to boycott. The situation facing China and its affiliates is a significant challenge.

It appears that some companies from America who have merged are reconsidering their deals due to concerns that business is not operating as usual. Despite efforts to restore confidence, including showing empathy, there are fears that some companies may soon walk away if the China-Tibet conflict is not resolved. As close trade partners, it may be challenging to decide whether to remain involved or not. Ultimately, if the Olympics are boycotted, China will face significant setbacks.

Should attempts to disrupt the international games and their associated merchandise prove successful, it could spell crisis for China given the substantial investment made to ensure their smooth running. Such an outcome would set back China's efforts to attain excellence in international markets, businesses and their economy. (Source: Piset Wattanavitukul's (2003) Awakening Dragon, retrieved on 05/10/2008 from http://www.apmforum.com/)