We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

An Analysis Of Why International Companies Fail In Emerging Economies (China) And Facebooks Strategies For Entering In Chinese Emerging Markets - Assignment Example

Comments (0) Cite this document
Summary
Multinational companies are also variously referred to as multinational corporations (MNCs) or transnational corporations. They are basically corporations that have various operations based in countries other than their original home country…
Download full paperFile format: .doc, available for editing
Polish This Essay92.3% of users find it useful
An Analysis Of Why International Companies Fail In Emerging Economies (China) And Facebooks Strategies For Entering In Chinese Emerging Markets
Read TextPreview

Extract of sample
"An Analysis Of Why International Companies Fail In Emerging Economies (China) And Facebooks Strategies For Entering In Chinese Emerging Markets"

Download file to see previous pages These companies are characterized y having factories and offices in different countries that are all managed form a centralized office that coordinates the corporation’s global management. These multinational corporations not only produce but also sell a variety of services and goods in various countries around the world (Fatemi, Saint-Phalle and Williams, 1975). According to Björkstén and Haglund (2010), most multinational companies fail to perform well in China not because of the Chinese government policies but mainly because of their own incompetence. This is chiefly credited to the fact that the management teams of most companies fail to try and understand the Chinese market, drastically underestimates the challenges involved in doing business in China or even simply just choose the wrong business partners (Björkstén and Hägglund, 2010). This view is supported by Joerg Wuttke who is the Chief Representative of the German chemical giant BASF. Wuttke has had a long experience with working in China but points out that more often than not, every body is always rushing to blame China but when an indepth analysis of an organization’s failures is conducted, it is usually fond that the mistakes were mainly of the organization’s making. ...
t lead to Google’s and eBay’s failure in China China first allowed its first internet 16 years ago and the various companies and western governments quickly hailed the move as being a major move away from the country’s traditional authoritarian control and censorship. Most of the foreign companies immediately laid down various policies and plans that were aimed at enabling them to take advantage of China’s massive consumer base that was perceived by many to be relatively untouched (Daltorio 2010). Google planned on taking over China in the same manner and fashion that it was taking over the United States market. In attempting to take over the Chinese market in the same way it took over the United States market, Google foolishly and blatantly ignored what is considered by many to essentially be one of the most vital rules necessary for conducting any business: Know your market. In essence, by attempting to impose its western vision of the internet on the Asian nation, Google ended up creating a huge mess for itself and inadvertently made easy profits for its local competition. China has about 384 million internet users that account for an average of one-fifth of the over 1.73 billion global internet users. It is especially in light of these statistics that Google adopted a trend that was keenly focused on global domination. Google is commonly faulted for the fact that it initially took many years for it to research and find out some of the basic facts as pertaining to some of its local Chinese competitors such as Baidu and Tencent Holdings. Google also happened to largely ignore the free music downloads market segment an element that was greatly capitalized by Baidu and helped to make Baidu extremely popular in the Chinese market (Daltorio 2010). Google’s ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“An Analysis Of Why International Companies Fail In Emerging Economies Assignment”, n.d.)
An Analysis Of Why International Companies Fail In Emerging Economies Assignment. Retrieved from https://studentshare.org/management/1470226-an-analysis-of-why-international-companies-fail-in-emerging-economies-china-and-facebooks-strategies-for-entering-in-chinese-emerging-markets
(An Analysis Of Why International Companies Fail In Emerging Economies Assignment)
An Analysis Of Why International Companies Fail In Emerging Economies Assignment. https://studentshare.org/management/1470226-an-analysis-of-why-international-companies-fail-in-emerging-economies-china-and-facebooks-strategies-for-entering-in-chinese-emerging-markets.
“An Analysis Of Why International Companies Fail In Emerging Economies Assignment”, n.d. https://studentshare.org/management/1470226-an-analysis-of-why-international-companies-fail-in-emerging-economies-china-and-facebooks-strategies-for-entering-in-chinese-emerging-markets.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Economic, political and technological factors that have turned China into a fast emerging economy
The two changes as recently witnessed in China are its emergence as an industry based urban society from being an agriculture based rural society, and from a having a ‘command economy’ to acquiring one that is more ‘market-based’ (Freedman, 2004).
11 Pages(2750 words)Assignment
Emerging Markets Economies
To achieve and maintain rapid growth of trade and the economy, emerging markets must therefore consider to importance of financial systems are prerequisites for economic growth. This is because banking institutions, securities and sound regulation of the financial system by a national or central bank are economic requirements which catalyze trade and thus propel the rate of economic growth.
6 Pages(1500 words)Essay
Value of entrepreneurship to emerging economies
As far as emerging markets are concerned, they can be compared to those players on the market who trade in not so huge forms of business, but yet, having the little contributions they bring on the market, significant enough to be counted as part of collective growth and development
5 Pages(1250 words)Assignment
Emerging Market Feasibility Analysis
The aim of this project work is to broadly undertake an emerging market feasibility analysis that seeks to explore the feasibility for the start up of a small scale business in Brazil. Brazil is selected as an emerging market with some generalized economic and trade accolades as an upper middle income economy with high human development base (Amine, and Staub, 2005).
17 Pages(4250 words)Assignment
Comparison of the four bric emerging markets. Brazil, Russia, India and China
This paper identifies the unique properties of each of the markets and makes a conclusion on the two most viable for any investor seeking to undertake massive business expansion to an emerging market.
3 Pages(750 words)Assignment
Emerging Technology
as Nano-operations are already in place, brain computer interfaces would provide more control to major operations both at domestic and industrial level without actual physical movements. Research carried out at Duke University gave an illustration on how different minds from
1 Pages(250 words)Assignment
International business in emerging economics
EST has established itself in Europe and America with a high demand for solar panels and accessories being experienced all across the world. China acts as the most spectacular location for the factory because of its convenience in serving the two
8 Pages(2000 words)Assignment
International business in emerging economies
In order to progress its marketable surplus in the long run, the company must enlarge its business in the newly booming economies of the world. The political authorities of these countries
8 Pages(2000 words)Assignment
International businesse in emerging market
It is the largest of the global super-majors with daily production of more than 3.921 million BOE. As of 2008, this was relatively 3 percent of the world production (Warner & Marsden, 2014). The
3 Pages(750 words)Assignment
International businesse in emerging market
It is the largest of the global super-majors with daily production of more than 3.921 million BOE. As of 2008, this was relatively 3 percent of the world production (Warner & Marsden, 2014). The
5 Pages(1250 words)Assignment
Let us find you another Assignment on topic An Analysis Of Why International Companies Fail In Emerging Economies (China) And Facebooks Strategies For Entering In Chinese Emerging Markets for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us