Western companies flooded into China when it opened its doors and allowed them to compete for market share in all sorts of industries. Yet, after several years many of these same companies either scaled back their operations in China or left the country entirely. Where do you think these companies may have gone wrong in their analyses? Explain. What role does the business media play in setting the tone for a

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Western companies flooded into China when it opened its doors and allowed them to compete for market share in all sorts of industries. Yet, after several years many of these same companies either scaled back their operations in China or left the country entirely.

  • Where do you think these companies may have gone wrong in their analyses? Explain.
  • What role does the business media play in setting the tone for a nation's investment climate?
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