Balancing risk and reward in China. (foreign operation of Honeywell Inc. in China): An article from: Chief Executive (U.S.)
Book Details
Author(s)Michael Bonsignore
PublisherChief Executive Publishing
ISBN / ASINB00096PASC
ISBN-13978B00096PAS9
MarketplaceGermany 🇩🇪
Description
This digital document is an article from Chief Executive (U.S.), published by Chief Executive Publishing on December 1, 1996. The length of the article is 2053 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Honeywell is one of many companies that have successfully established operations in the lucrative market in China. With an economy expanding at more than 8% per year, China has become a highly attractive investment site for many Western companies, including Honeywell. The company needed to achieve 8% annual sales growth to reach an annual sales target of $10 billion by the year 2000 and realized that doing business in China is the way to realize this ambitious goal. In the course of its existence there, the company has discovered the value of patient and long-term thinking in dealing successfully with the Chinese. The ability to strategically balance risk with reward and sensitivity to the social and political complexities of China are likewise cited by Honeywell as important success factors.
Citation Details
Title: Balancing risk and reward in China. (foreign operation of Honeywell Inc. in China)
Author: Michael Bonsignore
Publication:Chief Executive (U.S.) (Magazine/Journal)
Date: December 1, 1996
Publisher: Chief Executive Publishing
Issue: n119 Page: p34(4)
Distributed by Thomson Gale
From the supplier: Honeywell is one of many companies that have successfully established operations in the lucrative market in China. With an economy expanding at more than 8% per year, China has become a highly attractive investment site for many Western companies, including Honeywell. The company needed to achieve 8% annual sales growth to reach an annual sales target of $10 billion by the year 2000 and realized that doing business in China is the way to realize this ambitious goal. In the course of its existence there, the company has discovered the value of patient and long-term thinking in dealing successfully with the Chinese. The ability to strategically balance risk with reward and sensitivity to the social and political complexities of China are likewise cited by Honeywell as important success factors.
Citation Details
Title: Balancing risk and reward in China. (foreign operation of Honeywell Inc. in China)
Author: Michael Bonsignore
Publication:Chief Executive (U.S.) (Magazine/Journal)
Date: December 1, 1996
Publisher: Chief Executive Publishing
Issue: n119 Page: p34(4)
Distributed by Thomson Gale
