Friday, April 26, 2019
Evaluating an International HRM Strategy Assignment - 1
Evaluating an International HRM Strategy - Assignment ExampleAt the same time, the guild should introduce active employee participation policy.The Chinese solid food and beverage commercialise has become the largest market in the world (Asia Perspective, 2014). Asia Perspective (2014) maintains that the watercourse status of the Chinese food and beverage market is contributed by the circumstance that the Chinese economy has experienced a phenomenal growth in the recent years and has been fitting to maintain the growth trend over these years and it is the fruit of this sustainable economic growth that has enabled its food and beverages market to obtain and retain the current status consequently, it has attracted many local and foreign firms to invest in its growing food and beverage market.This graph clearly demonstrates the market potential of Chinese grocery market. The elude highlights that the current grocery market are mainly shared by both local and international investors in which lead or majority of the market share is owned by Wal-Mart China as reflected by the table 01. At the same time, some local companies are also competing in the market. referable to this collective investment of both local and international investors, the Chinese grocery market has become match as it enables the consumers to experience the benefit of healthy competition in which they will be able to obtain products at very competitive prices.In addition, China has a very strong and stable consumer purchase power and this trend has experienced a sustainable growth and stability over these years. For example, consumers aged 25 to 39 remain the highest earners and they continue to increase as the Chinese market has stable job market for the current and potential graduates (Global Analysis Report, 2014).Fierce competition is unavoidable in the Chinese grocery market. the current trend highlights that many local and international firms actively pursuing their
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