McDonald’s has over 26 drive-thrus in China. People are driving their cars instead of biking to eat their McDonald’s and the combination has led to a rise in obesity and chronic disease. (Griffith, 2008) The introduction of western fast food to China has been a negative influence on their health. The resulting obesity and chronic health concerns were not intentional and I feel can be corrected with education. “Eat Smart at School” was launched in schools in China to promote lifestyle changes and healthy eating practices.
To address this challenge ASIMCO introduced the ‘New China’ strategy. The ‘New China’ Strategy entailed hiring local managers that understood both local and global practices. These managers were accepting of new challenges were selected from middle management levels. The immediate effect of this strategy was the elimination of undesirable elements from within ASIMCO’s joint venture companies followed by a vast improvement in the performance of its companies. An additional benefit was that ASIMCO was able to consolidate its position in China by transforming from an investment corporation that owned a portfolio of auto component manufacturing companies to having operational and management control of it JV companies.
The final goal is to increase revenue, attract more new customers, to regain its competitiveness in the market. Although Jade Asian Restaurant has received press accolades, their business has issues need to be addressed immediately. Jade Asian Restaurant had been a popular Chinese cuisine destination for the first couple years after its opening. In the past few years, the popularity has decreased due to its inefficiency in service and food quality. In order to reach its goal of regaining the competitiveness in the industry, a restaurant management system must be implemented.
Moreover, the articles tells us that, “Yum’s U.S. business notched a 6% increase in same-store in the third quarter ended Sept. 8, driven by Taco Bell”(Jargon).This proves that 13% gain in same-store sales. This is significant because the new Cantina Bowl products and tacos made with Doritos shells were behind the growth. Therefore, fast food restaurants are up scaling which contribute with America’s obesity problem. In conclusion, the reason for America’s obesity epidemic is that the fast food restaurants are giving the customers foods that are supersized. The articles above state the reason why and what caused the obesity problem.
INTRODUCTION Global corporate citizenship is progressively more important in today’s world as companies have a better understanding how it affects their business, brand and ultimately bottom line. A few years ago, a few different developments, mostly in China, have exposed the severe conditions that third-world workers have been withstanding. Apple’s demonstration of good global corporate citizenship over the years has shown an exemplary path for others to follow. Do you think that Apple has demonstrated global corporate citizenship, as defined in this chapter? Why or why not?
Executive Summary Bank of America is a segment leader in the banking industry. It became one of the largest banking institutions in the world by 2008. Despite its success Bank of America is facing some issues with entering the Chinese credit card market. Some problems Bank of America is facing is, the strong sense of values to cultural beliefs among the Chinese customers, some card issuers show little loyalty to their primary cards, and are unprofitable to the market. There are various steps Bank of America should take in order to remain a segment leader.
“A firm pursuing a focus strategy is willing to service isolated geographic areas; to satisfy the needs of customers with special financing, inventory, or servicing problems; or to tailor the product to the somewhat unique demands of the small- to medium-sized customer” (Pearce and Robinson, 2009, p.205). Mrs. Kudler has plans to add to the inventory and ordering automation by introducing new e-commerce capabilities and an online catering link (Kudler Fine Foods Portal, Strategic Plan, pgs 15-16). Kudler Finer Foods needs to implement new cost structure within 60
There was evidence of cross referencing and revisiting transitions throughout this article. For example; in the “Coal: The once and future fuel” section, Albert talks about how the growing industry and coal demand markets are in developing countries such as China. He comes back later in the article and finishes discussion China’s plants and their
eBay first entered China by acquiring a minority stake in EachNet. What are the advantages and disadvantages of this method of market entry? One of the most significant advantage of this method of market entry is that when a foreign company decides to acquire a Chinese domestic company, it needs to learn not only the internal structure of the company, its business segments, its original value propositions to the domestic customers, but also its core competencies in competing domestically. Therefore when acquiring a domestic company such as Eachnet, eBay did a good job of not rushing to take over the company and run it as if it is competing in the US market, instead it let the company continue its business model and operations. However, as mentioned in the case, “senior management had not felt respected by their US headquarters, which had not given them enough autonomy and had directed the from afar instead”, it seemed like as time progressed, Ebay started taking too much control over the company without fully learning the consumer behaviors, nor the significance of cultural differences between China and United States.
Considerable discussion revolved around how to understand and translate Jung’s term Self into Chinese. Following the event, a lively correspondence continued the discussion, and in his “Report on an IAAP Visit to China,” Dr. Stein quoted the following passage from one of my letters: “I prefer to use Zi Xing (self nature) to translate Jung’s Self. Zi Xing originally was a special term of