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    External environment

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    Looking at the external environment in Asia, identify the critical strategic factors in each of the following areas:
    The General Environment
    The Industry Environment
    The Competitor Environment

    Looking at this analysis what advice would you give a company's management to improve the company's successful expansion into China?

    Recommend an integrated and coordinated set of commitments and actions which will exploit the company's core competencies, sustain growth, and ensure maximum performance and value for shareholders.

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    https://brainmass.com/business/business-culture-in-china/260290

    Solution Preview

    Looking at the external environment in Asia, identify the critical strategic factors in each of the following areas:
    The General Environment:
    The political environment in Asia is such that the countries of Asia have used political means to achieve recognition in the Western countries. It is because of this reason that there is political stability in Asia. The economy of the Asian countries is growing at a faster pace than that of the developed countries. These countries want to compete with the developed countries. The social factors favor western products and culture. More and more people in Asian countries speak and write English. Moreover, products made in the developed countries are valued in Asia. Technological advancement is on two fronts, Asian countries have adapted to a great degree information technology. On the other hand these countries counterfeit technology from the developed countries.
    The Industry Environment:
    The industry environment in Asia is such that customers are developing new needs with an increase in their income. However, there is also a large number of new products and competitors vying for the money of the Asian people. Asian markets are experiencing new technology entering in the form of new ...

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