Thus, our team decided to study about cosmetic market in China. We found that foreign companies like L’Oreal, Procter & Gamble Co and Shiseido have large portion of the China’s cosmetics market share while Korean companies have little portion of that. However, Korean beauty products also have high quality and Chinese people are favorable to Korean products. In other words, it is hard to under
sea cucumbers, fish, and beans. As a result, there are many signs of corrosion. Due to the high production volume of grains, they were used for noodles, porridge, rice cakes, liquor, soy sauce, tofu, gluten, vegetables and food. Due to the distinct climate differences in four seasons, various methods of storing processed foods were introduced, focusing on the foods produced during each season.
The reason of increasing in processed food.
As household’s income increases, the relative price of time rises.
The relative price of time rises and households choose purchasing more processed food for saving time.
Increasing of income invokes increasing of processed food.
Suppliers
Bargaining Power
1. Low price discrimination
of food supplies in China
2. Weak competitiveness for suppliers
Buyers
Bargaining Power
1. Different customers’ tendencies
by regional group in China
2. Easy to change the brand
3. Low converting cost of buyer
Potential
New Entrants
1. Low cost for launching fast food corporation
2. Hard to have differences
Chinese government has to intervene, manage and control.
When the housing prices began surging in 2006, the State Council published six regulative measures in May to adjust the structure of residence supply, focusing on the development of medium and small houses to satisfy the demand of ordinary buyers. These policies were aimed to stabilize the housing price and not to reduce it. Despite the
Chinese government tries to promote e-learning as a way of eliminating the differences between the rural and urban area, they will find a way or system to solve this problem.
Second, when thinking of the perspective of IT technology, the bargaining power of suppliers is very high. This is somewhat similar to teachers in a sense. Korea is one of the developed countries in IT service. With this de
Chinese medical equipments, 15% were purchased from 1970s and 60% were from 1980s which illustrates that it is time for them to replace the new medical devices. Since Chinese market has unlimited growth potential, it is foreseen that there will be an aggressive competition as well as a large opportunity for number of medical device companies. More than 2100 companies in 20 different countries suc
III. Overseas Chinese Capital in East Asian Region
1. Hong Kong
The population of Hong Kong is about 6.3 million and 98% of it is Chinese with 90% of them are from Guangdong province. The external structure of large corporates in Hong Kong seems to be westernized but the internal look shows rather family-oriented management system. Until 1988, ten family-owned companies dominated about 54
A. Localization strategy: Success and failure of foreign store operation is determined by how closely it could approach to their culture and language. Focused the point that Chinese E-Mart Shanghai store is right Chinese enterprise and it’s not others because it is different from theirs.
Being tried to change the naming of the job title which co-workers could see each other in the viewpoint o
differentiate the taste of their products with other competitors. It is common to mix the regional products in the Makgeolli. These are famous local makeollis, which are combined with their regional products: Jeju tangerine makeolli for Jeju, Purple sweet potato(자색고구마) makeolli in Gyungi province, Milk vetch root(황기) makeolli in Jechon, Chinese matrimony vine(구기자) makeolli in