A case reading and answer questions

Anonymous
timer Asked: Feb 5th, 2018
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Question description

6 questions that had to be answered from a book called (Global Business today). A case pictures is posted and the questions uploaded in a word document.

A case reading and answer questions
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A case reading and answer questions
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A case reading and answer questions
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Q1: Will China maintain its strong economic growth in years to come? Some suggest it will until 2050. What do you think? Q2: If China will go from 17 million to 190 million middle-income people by the year 2020, would the scenario presented Best Buy in 2006 not be applicable anymore? That is, the culture shock in 2006 was that the Chinese would not pay for Best Buy’s overly expensive products unless they are a brand like Apple. Would newly rich Chinese customer engage in this purchasing behavior by 2020? Q3: With Alibaba’s ownership of the popular TaoBao online shopping system (similar to eBay and Amazon) and its spread across the world, will a Western-based online shopping culture ultimately infiltrate China? Q4: Will China maintain its strong economic growth in years to come? Some suggest it will until 2050. What do you think? Q5: If China will go from 17 million to 190 million middle-income people by the year 2020, would the scenario presented Best Buy in 2006 not be applicable anymore? That is, the culture shock in 2006 was that the Chinese would not pay for Best Buy’s overly expensive products unless they are a brand like Apple. Would newly rich Chinese customer engage in this purchasing behavior by 2020? Q6: With Alibaba’s ownership of the popular TaoBao online shopping system (similar to eBay and Amazon) and its spread across the world, will a Western-based online shopping culture ultimately infiltrate China?

Tutor Answer

PascalM
School: UT Austin

Hello, kindly consult me if you need any clarification. Thank you

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Q1: Will China maintain its strong economic growth in years to come? Some suggest it will
until 2050. What do you think?
It is noticed that technology and business aspects are evolving at a very high rate. Due to
this, I think it will be easy for China to maintain its economic growth. Accordi...

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Review

Anonymous
Outstanding Job!!!!

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