Why does China represent both opportunities and threats for established international businesses?
What will be an ideal response?
Answer: China is an example of the potential consequences for international business. China represents opportunities because of their huge and largely untapped market. This is shown by the increase from $2 billion to $250 billion annually in foreign investment between 1983 and today. China represents threats for other countries and takes away from Western and Japanese enterprises. In conclusion these are the ways in which China can represent both opportunities and threats for established international business.
You might also like to view...
Transactions are recorded using debits and credits in a(n):
a. Annual report b. Journal c. Financial statement d. Chart of accounts
Richard Petty and John Cacioppo's ________ model, an influential model of attitude formation and change, describes how consumers make evaluations in both low- and high-involvement circumstances
A) introspective B) elaboration likelihood C) stimulus-response D) associative network memory E) expectancy-value