It replicates the natural wholesome goodness by its interior design, logo and colors used. It is mainly distinguished by its culture of “delighting the customer”. The management’s willingness to take risks and its welcoming and homely “look and feel” is considered to another strong driving factor for Levendary to success. From the pest analysis, the social factors like tendency of urbanization, increasing trend of dining outside and changing lifestyles helps Levendary to forecast its future in China. As China is the world’s second largest economy, Levendary can take an advantage of increasing the number of outlets to gain more profits.
In general, it is hard for foreign companies to establish themselves in the Asian market, especially in China, because of the strong cultural background. It will not work out well for a foreign company to adapt its marketing model to the Chinese market. Marketing models such as direct marketing of the brand, which works well in the American market, is likely to fail in the Chinese market. Although Groupon has spent millions into marketing its brand on the Chinese market, the Chinese customers were not ready to see the brand’s products being better as the one of its competitors. Chinese customers are less likely to be loyal to any brand due to their low levels of indulgence.
He says that if it wasn't for the Great Firewall, some of the services in China would either cease to exist or have very low market shares. (Bao, 2013) Conclusion In a nutshell, this report talks about how media censorship affects the Chinese society. There are two differing opinions to this, the first one sides on the disadvantages of media censorship and the second one, the advantages of it. Although both opinions are definite in nature, more research needs to be
Similar to painting, interest in Asian-style architecture came about late in Europe (as compared to ceramics and engravings), and for a long time the Chinese architectural style, forms and principles were not well understood. Even when Chinese architecture became more popular in the Western world, Europeans were very meticulous in their selection of Chinese architectural types, and their choices regarding which buildings would be constructed in this manner. Asian-style architecture was ill-received for similar reasons as painting, being that information about Chinese architecture was scarce (mostly because Chinese monuments and buildings couldn’t be shipped to Europe like ceramics or engravings could be). As well as the lack of knowledge about Chinese architecture, there was again the feeling that European architecture was prestigious. Though, in my opinion, possibly the biggest reason that Chinese architecture didn’t take off in Europe until later is due to a true clash of cultures.
“Economic foundation is inevitably constrained by its political superstructure.” (Shambaugh, p. 7) Modern China’s patriotism is based on status quo and government propaganda. If political structure remains unchanged in the future, the China’s economy will be stagnated and the national sentiment will reduce. China’s government will lose popular support and its regime will no longer be
China’s “One-Child Policy” was implemented around the late 1980’s because China was facing a major problem which was overpopulation. China was worried if they didn't take action soon to solve its population crisis than its economy would crash and its people would suffer. So China's decided that the best idea was to create the One-Child policy which limits couples to only have one child each. With China’s One-Child program, there has been many Up’s as well as Down’s to it. But did China’s One-Child Policy help China’s population crisis or did it worsen its situation.
China also manufactures for business from other countries. Raw materials are shipped to China and then assembled in factories before shipping it back to the countries. Globalization has helped China’s economy a lot because without globalization, China wouldn’t have made money from all the manufacturing. (www.useconomy.about.com) Socially Globalization has greatly impacted China’s social connection to other countries around the world. This happens because globalization allowed exports and imports to run more freely.
Opportunities make any market or industry attractive for firms to join, it is extremely important to exploit these opportunities and get the maximum benefit out of them. As we all know the Chinese market is full of opportunities on various levels. To begin with, the most important factor that attracts all firm to China is the cheap labor cost. This will be a major factor in our low cost strategy. Another factor is that China is the largest producer of potatoes in the world and the cost of a ton is cheaper than anywhere else.
It gradually becomes a national trait aligned with cheaper labor force that attracts the developed countries. In other words, the developed countries are willing to progress manufacturing outsourcing in China. Moreover, market demand boosts in the stage of economic development, therefore, there are massive amount of potential opportunities occurring in the market place. With increasing amount of the FDI, China is constantly absorbing knowledge and learning skills from innovative technologies and trying to help local business development. As a result, the GDP is rapidly growing since 1995 (World Bank Data 2017), which indicates that the purchasing power of customers is sharply boosting in the domestic market.
The Chinese government proved effective because of the large population growth during the dynastic period. The rapid population growth lead to a need for more food, which required new area for cultivation. New crops from the Americas, Portugal, and Ireland arrived through the trans-Pacific trade and were