Bossini

On the other hand, knowledge of the political and legal environment of China will be fundamental. Information on their laws and regulations, such as foreign trade policies, product standards, tax laws and requirements, trade barriers, labor laws, etc. are extremely important when assessing China as a potential market for our company. Finally, a thorough research on China’s market conditions, such as potential competitors, market trends, market opportunities and threats, potential risks, unique market characteristics, etc. will be necessary to obtained a complete evaluation of the country before entering the market.

Just like other manufacturing, the company I worked had moved to China following the flow of manufacturing business. After researching the trend of future jobs in

On the positive side, it has created opportunities, enabled technologies and developed skills. One example of this is how China has developed a manufacturing industry based around a large export market. Now major American brands such as Apple and HP use manufacturing facilities in mainland China. This rise has also given rise to local brands such as Huawei and ZTE, and a change with cities like Shenzhen, China’s special economic

In addition to the hopes of trade and entering into Chinese markets failing, the hopes to protect China from being carved up from other countries would have some difficulties as

Based on the population issue, the Chinese government enforced the birth control policy from the late twentieth century until now, so the total fertility rate of China is lower than the total fertility rate of the U.S. In the labor market, China plays an important role of the labor export. Large population emerges more workers, so the labors are cheaper in China. After the cold war in the 1990s, the global economic cooperation made the connection between countries was more close and complex. Many international companies invent and possess their core technologies in the U.S or other developed countries, but they found their manufacturing factories in China. They already aimed at the Chinese large cheap labor market could reduce the cost in their entire business. Consequently, people can find different kind of stuff labeled as “made in China” easily and frequently—it is a good explanation for the fact of half of my clothes were “made in China”. Many small factories which produce clothes and accessories are located in small towns in southeast of China, especially Zhejiang, Fujian, and Guangdong Provinces. Most of workers in those factories are wide range-age women who from rural areas with lower level education. Their working conditions are depended on the conditions of the factories.

China government give opportunity for invest in the country such as give low corporate tax, directly start the business without any join venture with local partner, government will provide loan facility. If the firm breaks the law and regulations, government can immediately close down the firm.

The company may have to pay higher production costs or may not be able to produce and

The company can improve its profits by cutting down its overhead costs and administrative expenses.

Besides, decreasing the production cost is also important as the firm can then lower the price. So the decisions related to change in plant size, process improvement and the training are also important.

By reducing the introduction of new products, cost such as product development, R&D and advertising can be avoided.

The manufacturing cost can be lower as the rearrangement of the production line to meet urgent order can be minimize or even eliminated.

The main advantage of doing business in China is the fact that China has emerged as one of the world’s strongest economic forces, driven by the shear number of

* The company has to suffer economical loss due to its cyclic nature of production. The production does not run at full efficiency every time. This leads to the waste of energy, money and resources.

Companies that are just starting out come from nowhere and overtake companies that have been in existence easily reason being that the new company enjoys a cost advantage because it has a better way of managing costs from the procurement of materials down to the delivery of produced goods to the customer. Competition and unpredictable economic situations are causing the need for better cost management and reduction to be the top concern for company managers. Cost and profit in business are a major part of what determines a company’s financial position and its ability to remain a going concern. To be profitable companies must not only earn revenues, but also control costs. If the costs are too high, profit margin will be low making it difficult for a company to succeed against its competitors. Since management is concerned with profitability, which measures business performance, especially in a manufacturing company, the need for higher sales will arise and this will bring about the need to increase production capacity, which in turn increases in cost. According to the American Industrialist, Andrew Carnegie, corporate bodies should watch their costs and the profit will take care of itself. This means that cost should be controlled rather than trying to use cost reduction methods that may also lead to the reduction in the quality of the product. Cost control is an essential aspect in every organization and if neglected will

Lastly will be China regional differences, northern, southern and eastern business perspective followed by conclusion.