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Check Out KFC China’s New Breakfast Wraps

Check Out KFC China’s New Breakfast Wraps | Buss4 Company Research | Scoop.it
KFC China has two new breakfast menu items inspired by popular Chinese street food

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Jack Murray's insight:

Evidence of localisation from KFC

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tutor2u's curator insight, March 13, 2014 6:06 PM

Nice example of localisation by KFC 

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Panasonic offers China pollution pay

Panasonic offers China pollution pay | Buss4 Company Research | Scoop.it
Japanese electronics firm Panasonic announces it will pay its staff working in China a premium to compensate them for high levels of pollution.

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Jack Murray's insight:

The social change causing higher wage costs to firms as Panasonic offer higher wages to employees in China as they recognise the social cost of pollution

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Avneet Gosal's curator insight, March 13, 2014 6:47 AM

wage inflation, rising wages

Terence R. Egan's curator insight, May 17, 2014 10:54 PM


Has anyone at Panasonic considered how their Chinese employees might feel about this?


Yes, of course you can justify it on a number of points, but that doesn't change the message received by your local employees.


Just another decision that reminds us that big corporations are only comprised of large numbers of little people.  Their decisions, in spite of the comfort of their complex structures, are often quite mindless (in the sense of mindfulness).   

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World's largest banana firm created

World's largest banana firm created | Buss4 Company Research | Scoop.it
Irish fruit firm Fyffes and US rival Chiquita are to merge, creating the world's largest banana company.

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Why a grande latte costs $1 more in China: Starbucks

Why a grande latte costs $1 more in China: Starbucks | Buss4 Company Research | Scoop.it
Swilling a Starbucks grande latte will cost you a dollar more in China than in the U.S., but Starbucks told CNBC the higher cost was justified.

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Should a new boss come from within a company?

Should a new boss come from within a company? | Buss4 Company Research | Scoop.it
Microsoft has chosen a 22-year company veteran for the top job. Is appointing an internal candidate as chief executive a good idea?

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Jack Murray's insight:

Link to leadership - Microsoft appoint new CEO from inside the company, this creates a sense of stability to shareholders. If a company wants to maintain there current culture this can aid that. 

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Starbucks Goes Local to Solidify Global Dominance - DailyFinance

Starbucks is putting the final nail in the coffin of specialty coffee shops by designing stores that have the feel of a local coffee shop.

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Nike, other U.S. companies, move some manufacturing out of China

Vietnam surpassed China in 2010 as the largest supplier of Nike footwear.

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Jack Murray's insight:

Nike show the attraction of lower wages elsewhere including Bangladesh and Vietnam as rising Chinese wages look to bring their competitive production edge to an end.

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Cara's curator insight, March 14, 2014 6:02 AM

China used to be the place to go for cheap manufacturing, however since labour is becoming more expensive due to a rise in wages China now doesn't have this competitive adavantage over cheaper countries. Furthermore the nation’s working-age population has been declining since 2012 as a result of the one-child policiy which means that it's harder to find the worers that you need for manufacturing.These changes have led global manufacturers such as Nike to begin shifting production to countries such as Bangladesh and Vietnam.

U.S. and European clothing makers are also looking elsewhere to places such as  Bangladesh, Vietnam and India which are predicted to be the top three destinations for the coming five years. It is thought that Mexico would be the new favourite destination for the US manufacturing since Mexico benefits from its proximity to the U.S. market and lower transportation costs.

How are China going to stay comeptitive though? Sureky if the economy is becoming more developed then they can afford to train the labour to produce high quality products and therefore focusing more on the product than the price.

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Ford ups China investment as sales surge

Ford ups China investment as sales surge | Buss4 Company Research | Scoop.it
Ford Motor Co. plans to double its research and engineering capabilities in China in the next few years as it aims to gain market share in the world's largest auto market.

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Apple And Samsung Phones Found To Be Highly Desirable In Emerging Markets

Apple And Samsung Phones Found To Be Highly Desirable In Emerging Markets | Buss4 Company Research | Scoop.it

; chinApple And Samsung Phones Found To Be Highly Desirable In Emerging Markets iPhones aren't cheap. In fact they can hardly be called a budget device, but interestingly enough thanks to a recent study conducted by ...


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Jack Murray's insight:

Apple, shown to be favourite phone brand within emerging markets; China and Vietnam

 

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Joint ventures in China: what every CEO should know

Joint ventures in China: what every CEO should know | Buss4 Company Research | Scoop.it
In China, as in any foreign market, it is difficult to succeed alone.

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eBay strategic partnership to grow in China

eBay strategic partnership to grow in China | Buss4 Company Research | Scoop.it
The operator of the world's biggest online marketplace, eBay, agrees to partner with a Chinese company, in an effort to boost its sales in the country.

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Jack Murray's insight:

Note that Ebay undergoing a partnership with a Chinese firm which will enhance market knowledge and therefore reduce risk!

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