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WHOLLY OWNED FOREIGN ENTERPRISE (WOFE) START-UP Every China business start-up plan must consider:
■ Incorporating business
process adjustments to core differences in managing customer, suppliers,
and employees in China
■ Planning at process element level to define the full range of resources needed for successful execution
■ Effective transfer of of documented business know-how
■ Anchoring personal and functional linkages beween U.S. and China teams to access
undocumented
"Tribal Knowledge" in every business function
■ Developing interdependence
and joint ownership of China results with U.S. team
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