Cross Cultural Business
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Please discuss the cause and effect of events where international businesses, like General Motors and General Electric have made an impact on local markets. Focus particularly on the automobile industry.
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This solution discussed the impact of General Electric, GM and Ford on the Chinese market. Furthermore, it addresses Chinese corporations' desires to enter into the American market.
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General Electric has impacted China through their joint ventures immensely. They have sold at least 3,160,377 vehicles in the country of China last year alone. This is a huge improvement because they have had an increase in sales by at least 11.4% in comparison to 2012, which means about every 10 second a sale took place. Through this, other companies are actively involved in this ...
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