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CHINA STRATEGY? - THE QUIZ
If you answer "yes" or "I don't know" to more than half of
these questions, China is already a factor in your business and will become a bigger factor in the future.
1. Have any of your major customers set up operations in China or are any of
them planning
to do so?
2. Are any
of your competitors sourcing from China?
3. Are you
experiencing today the effects of direct competition from local Chinese
companies or
foreign companies operating in China?
4. Are product margins
in your business compressing?
5. Are
revenue growth trends in your home markets disappointing?
6. Do labor
costs comprise more than 10% of your direct product costs?
7.
Does your product lack sufficient intellectual property in either patents or
special process
trade secrets to prevent China-based competitors fromcompeting directly with you in your home markets?
8.
If you "Google" the generic name of your product and "China manufacturer," doyou find more than three Chinese companies making
similar products?
Contact us about to discuss if a China Strategy Workshop could
help your company!
CLICK HERE to go back to China Centric's China Stategy Workshop Page
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