29.What are some potential difficulties that you might encounter when doing business in the Chinese market?
30.What actions could your company take to help improve your opportunities for success?

Answers

Answer 1
Cultural Problem.
Adaptation and localization of Business.
Intellectual Property Right (IPR)
Logistics Challenge.
Build Trust.
Sales & Distribution.
Increasingly competitive market.
Fake marketing challenge.

Related Questions

Sales of cases of bottled water are up 7% from last year. You sold 900 cases of bottled water last year. Based on current percentage demand trends, what would the forecast be for total sales of cases of bottled water in 3 years.

Answers

Answer:

1,180 cases

Explanation:

The applicable formula in this case is the formula for calculating future value.

A = P x ( 1 + r)^n

where A is the number of cases after 3 years

P is the number of case sold this year

r is percentage increase: 7 %

n is the number of periods : 3 years

Number of cases sold this year = 900 Plus 7% of 900

=107% x 900

=1.07 x 900

=963

A = 963 x ( 1 +7/100)^3

A= 963 x( 1.07 )^3

A =963 x 1.225043

A =1,179.716

A= 1,180 cases

Number of cases = 1,180

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