Executives at Best Foods,a successful Canadian company that produces cold breakfast cereal,are undecided about whether to start exporting its products to China.Which of the following would be the strongest argument against exporting to China?
A) The Chinese government gives subsidies and tax incentives to Chinese manufacturers who want to export their products.
B) Steamed dough,noodles,fruits,and eggs are what the typical Chinese consumer eats for breakfast.
C) It would take a lot of time to establish operations in China because of regulatory hurdles put up by the government of China.
D) Best Food executives know of several companies that failed in China because they didn't understand local requirements.
E) To successfully penetrate the Chinese market will require extensive use of local employees who know all the nuances of the Chinese culture.
Correct Answer:
Verified
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