Thursday, February 20, 2020
Please look at case study number one I will upload the assisgnment
Please look at number one I will upload the assisgnment - Case Study Example This finding resulted in the change of focus for the company from the US market to the growing market of China. Also, it needs to be mentioned that during the year 2001, the inclusion of mainland China in the WTO resulted in the eradication of limitations in regards to investment of foreign nature. This provided significant amount of momentum to the new focus of Acer. Also, the factor associated with low cost skilled manpower that is available in the Chinese markets ended up in providing strong potential for growth. It is of considerable importance to state that while concentrating on the process of altering the focus of the company, the top management realized that the key to achieving growth in the foreign markets is highly linked to the factor of attaining significant strong point in the local market. Talking more specifically in regards to what has been desired as the ââ¬Ëdivide and conquer approach of Acerââ¬â¢, it can be said that the companyââ¬â¢s top management assum ed that by gaining the economies of scale in the local market of China, it will develop an upper hand in regards to developing more innovative products that will help the company to strengthen its position in the local market as well as develop an edge in regards to capturing the international market (Electronic Business Asia, p .34). It is of considerable importance to highlight the fact that the paradox related to the companyââ¬â¢s focus on the global and local markets is part of companyââ¬â¢s long terms strategy. It is relevant to mention that during the middle of the 90ââ¬â¢s period, the company was facing issues of depreciating sales in the markets of the United States. Significant analysis by the company in regards to the causes associated with the slowdown in sales resulted in a strategic change of the company. The top management of Acer realized that for
Tuesday, February 4, 2020
Research proposal Essay Example | Topics and Well Written Essays - 1250 words - 4
Research proposal - Essay Example The Kingdom is ranked number five in the globe in terms of fiscal freedom with highly secure earnings that have resulted from its stable currency. Further, the economy of the Kingdom is remarkably open to trade and boasts of the lowest mean weighted tariff in the whole MENA area. In order to boost trade further, port handling fees were reduced by the government by half in early 2008. When conducting business with the Arabs, it is likely to meet hard but polite bargaining from people who are experts at it, therefore, one has to be very confident in regards to the contents of contractual agreements (Elashmawi, 2001, p.à 180). In the event that there are gaps, the Arabs are good at finding and exploiting them, however, in most of the cases, the Arab businesspersons meet their obligations completely and the experience of doing business with them can be enjoyable and approachable, with the creation of long-lasting trust. Parenthetically, it is rare to find Arabs saying a direct no and this requires that one pays attention and observes in a careful manner (Cullen & Parboteeah, 2014, p.à 561). The possible gains of opening and operating a business are numerous but the endeavour is not for the fair hearted. One needs to remember that he or she is not a citizen of the Kingdom and when it reaches a time that he or she has to leave and sell the accumulated interests, t he individual may not have the same amount of time as his or her partner. The key purpose of this study is to amass information concerning the advantages and disadvantages of starting a new business in Saudi Arabia. The studyââ¬â¢s objective will also entail proving a detailed review of the activities and requirements that should be met before one starts a new business in Saudi Arabia. The study will dwell especially in the following sub-objectives: The results of this study will be of importance to
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