MGT321 SEU Assignment-1 Case Study

User Generated

znanlve

Writing

Saudi electronic university

Description

Assignment-1

Please readCase 4: “Will China Continue to Be a Growth Marketplace?” available in your textbook, and answer the following questions:

  • Assignment Questions:
  • Will China maintain its strong economic growth in the years to come? Some suggest it will until 2050. What do you think?
  • If China will go from 17 million to 200 million middle- and upper-income people by the early 2020s, would the scenario presented by Best Buy not be applicable anymore? Would newly rich Chinese customers engage in this purchasing in the 2020s?
  • With Alibaba’s ownership of the very popular Tmall and Taobao online shopping systems (similar to eBay and Amazon) and its spread across the world, will a Western-based online shopping culture ultimately infiltrate China?

Unformatted Attachment Preview

ASSIGNMENT-1 Intro to International Business: MGT-321 Semester –II [2018-2019] Assignment Workload: • This Assignment consists Case Study. • Every student is to submit the assignment individually. • Word limit is given as minimum 1500. Assignment Purposes/Outcomes: After completion of Assignment-1 students will able to • Answer questions related to case study. Assignment Regulation: • All students are encouraged to use their own word. • Student must apply “Times New Roman Style” with 1.5 space within their reports. • A mark of zero will be given for any submission that includes copying from other resource without referencing it. • Assignment -1 should be submitted on or before the end of Week-07. • If the assignment shows more than 25% plagiarism, the students would be graded zero. • Citing of references is also necessary. Assignment Structure: A.No Assignment-1 Total Type Case Study Marks 5 5 Assignment-1 Please read Case 4: “Will China Continue to Be a Growth Marketplace?” available in your textbook, and answer the following questions: • Assignment Questions: 1. Will China maintain its strong economic growth in the years to come? Some suggest it will until 2050. What do you think? 2. If China will go from 17 million to 200 million middle- and upperincome people by the early 2020s, would the scenario presented by Best Buy not be applicable anymore? Would newly rich Chinese customers engage in this purchasing in the 2020s? 3. With Alibaba’s ownership of the very popular Tmall and Taobao online shopping systems (similar to eBay and Amazon) and its spread across the world, will a Western-based online shopping culture ultimately infiltrate China? • Due date for the submission of Assignment-1: • Assignment -1 should be posted in the Black Board by the beginning of Week-5. • The due date for the submission of Assignment-1 will be the end of 7th Week. • Instructions for the students: 1. First page of the assignment should be filled with ✓ Course Code [MGT-321] and Course Title [ Int.to Intl. Business] and CRN✓ Student Name and ID. Number ✓ Date of Submission 2. Second page should be Assignment question 3. After the question page then present your answer by clean and neat layout 4. Finally your file should be saved as Word Doc like ID.NO- MGT-321 A-1 STUDENT NAME.doc [only CAPITAL LETTERS] [Example.] 140158361-ECON-490 A-2 AREEJ ALGHAMDI.doc &&&&&&
Purchase answer to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Running head: CHINA’S MARKETPLACE GROWTH

China’s Marketplace Growth
Name
Course
Date

1

CHINA’S MARKETPLACE GROWTH

2

1
China is capable of maintaining a strong economic growth moment beyond 2050 as
predicted by some experts. It is evident that China’s economy China’s economy is on an upward
trend. Statistics from PwC report projects that by 2050, China will be behind 20% of the global
economy, followed by India and the United States at 15% and 12% respectively. The report by
PwC highlights that China is the leading economy based on purchasing power parity (PPP). The
International Monetary Fund (IMF) has acknowledged that China is on tremendous economic
progress based on its 17% contribution to the global gross domestic product (GDP).
Mourdoukoutas (2017) argues that China’s stable growth is as a result of government stability
and Chinese companies’ competitiveness in the world market. It is estimated that by 2020
China’s economy will be at par with that of the US.
Nonetheless, the growth rate is also expected to slow down to about 3.4% annually
throughout the years preceding 2050, when it is economy will hit the $61 trillion based on PPP
(IMF n.d.). The projected decline can be looked at based on the fact that China partly relies on
external markets to stimulate its economic growth. China’s per capita growth is still ranked
lower than that of the United States. However, the continuous economic growth will ensure a rise
in its per capita income as time goes by. GDP is a product of population and productivity. Over
the years, the United States has been the leading economy despite having the third largest
population. However, the U.S. capital and labor have always been at a large scale in comparison
to China. The current situation is that China growth is almost catching up with the U.S.
productivity. With a population of 1.3 billion, China will soon be able to surpass the U.S in terms
of GDP.
China’s population is also a key factor that will influence its economic growth in the
coming years. As more people get richer, the demand for consumer products will increase, and
companies will have the opportunity to tailor their products and services to suit the Chinese
consume...


Anonymous
Just what I was looking for! Super helpful.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Related Tags