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You are promoted to the position of VP Purchasing. You go to China for your buying trip. At your hotel you find a local newspaper in English.
You are promoted to the position of VP Purchasing. You go to China for your buying trip. At your hotel you find a local newspaper in English. As you read you notice that the "Peoples Consultative Congress" is in session and the economy of China is described as "Socialist Market Economy with Chinese Characteristics". What does this mean? describe how will it affect your business?
In your response include an explanation of how this incident relates your weekly readings.
Identify your response as option 1 or 2 as appropriate.
Answer how this case relates to your weekly readings.
