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Im Rahmen dieser Bachelorarbeit wird untersucht, welche Chancen und Risiken ein Markteintritt in China für ein deutsches mittelständisches Unternehmen haben kann. Hierzu wird beispielhaft eine Internationalisierung für die S. Siedle & Söhne OHG betrachtet. Die Chancen und Risiken werden anhand der Analyse des Potenzials des chinesischen Marktes, der Analyse der Unternehmensstärken und –schwächen, sowie einem Vergleich der chinesischen mit der deutschen Kultur herausgearbeitet und anschließend einander gegenübergestellt. Die Arbeit wird in einen theoretischen und einen praktischen Teil gegliedert. Durch eine Kombination aus qualitativen und quantitativen Forschungsmethoden wird das theoretische Grundlagenverständnis eines Markteintritts gelegt, sowie eine Bestandsaufnahme der Unternehmenssituation erstellt. Anschließend werden diese beiden Themenbereiche kombiniert, woraus sich der praktische Teil der Arbeit, die Bewertung eines Markteintritts in China für die Siedle OHG, ergibt. Die Gegenüberstellung der zu erwartenden Chancen und Risiken zeigt, dass die Risiken eins Markteintritts in China die möglichen Chancen überwiegen, weshalb derzeit von einer Internationalisierung in China abgeraten wird.
Schlüsselwörter: Internationalisierung, Chancen, Risiken, Markteintritt, China
In the era of digitalisation, mobile devices are supporting us throughout the day, in any situation, at any place and any time. We purchase goods and services through our phones, communicate with others and can get information about anything we want. The mobile technology is the fastest growing industry the world has ever seen. Mobile technology is the most influential driver of current social and economic change. Therefore mobile marketing is already a major factor in today’s marketing mix. Nevertheless adaption of mobile marketing progresses differently in different parts of the world. China took on a leading role in mobile marketing without many people outside China noticing. The purpose of this paper is to examine and display the major differences between China and Europe when it comes to mobile marketing. Especially, I will focus on WeChat, a relatively new communication application in China that has shaped mobile marketing significantly since 2011, the year of its launch.
However, due to significant differences in market scale, market complexity and adoption of technology in Europe and China it is important for European companies to understand the potential power of WeChat if they want to do successful business in China. Therefore I will give a comprehensive overview on how to use WeChat for business. Additionally I will connect the mobile marketing aspect with Chinese language learning. Chinese language learning represents a global current trend and is building a bridge between China and Europe both culturally and economically. For this paper I conducted practical research in a Chinese language school under European management in Beijing/China. This way I was able to gain first-hand insight in the obstacles a European company faces when it comes to WeChat mobile marketing in China. This paper will cover the theoretical foundation of mobile marketing and will connect it with real recommendations for successful WeChat mobile marketing.
Nowadays, teams and projects are becoming more and more relevant in the business industry. The increasing internationalization and globalization of the economy leads to a more interconnected and globalize business and therefore also increasing competition. This requires new approaches for a more faster, flexible and innovative way to finding solutions. For this reason, there is an increase of international cooperation that can open up new opportunities, as well as generate challenges.
The purpose of this assignment is to identify the cultural differences between Germany and China and to determine the key aspect, which has to be considered in performing project management in a multicultural context. Furthermore, this assignment should demonstrate how cultures can affect the cooperation and if there is a potential way to standardize a multicultural cooperation to reduce the challenges that arise in multicultural teams.
The work is based on literature research using secondary data. In addition, an empirical study has been carried out to create a case study of an executed project with German and Chinese team members in China. The empirical study has been carried out as an expert interview with the German project manager who is currently working as an expatriate in China. This interview has been used to collect information about the plant relocation of a German-based company located in China.
The literature research has shown that political, technological, cultural, as well as communication aspects have to be considered in performing project management in a multicultural context. Also cultural difference affects leadership style. Therefore, the knowledge of different leadership styles is beneficial. Standardization for a multicultural cooperation is not possible due to the different situation in different context with different people. However, the knowledge about the effects of cultural values on the mindset and behavior can ease the teamwork. The case study confirms the findings as the project manager also had to deal with cultural, communication, and leadership issues, as well as dealing with cultural differences and the respond to it encourage the teamwork.
Die Verlagerung ihres Absatzschwerpunktes in die Volksrepublik China und die Internationalisierung der dortigen Finanzmärkte sind Anlass für die Volkswagen AG den lokalen Markt vermehrt auch für Finanzierungszwecke zu erschließen. Diese Arbeit ermittelt das zu einem gegebenen Zeitpunkt optimale Finanzierungsinstrument für eine Investitionsfinanzierung der Volkswagen AG in der Volksrepublik China und prüft so, inwiefern die theoretischen Vorteile internationaler Finanzierung am chinesischen Bondmarkt realisiert werden können. In einer fiktiven Fallstudie der Konzerngesellschaft Volkswagen Automatic Transmission Tianjin kam eine gewichtete Nutzwertanalyse zum Einsatz, um die relative Vorteilhaftigkeit einer Finanzierung lokaler Investitionen mit Offshore RMB Bonds (DimSum Bonds) gegenüber einer Finanzierung mit Onshore RMB Bonds (Pandabonds), bzw. einer klassischen Eurobondfinanzierung mit Währungsswap zu bewerten. Als Ergebnis lässt sich sagen, dass für die Volkswagen AG unter den am 1. September 2015 herrschenden Marktbedingungen die Emission eines Eurobonds gegenüber der Begebung eines DimSum Bonds bzw. eines Pandabonds relativ vorteilhaft für eine Finanzierung der Konzerngesellschaft ist. Der Vorteil gegenüber dem DimSum Bond rührt i.W. von der Markt- und Preislage auf dem Offshore RMB Markt zum Emissionszeitpunkt her; gegenüber dem Pandabond ist die Vorteilhaftigkeit i.W. in der Ineffizienz begründet, die durch den dokumentarischen Aufwand beim Pandabond auftritt.
Dennoch herrscht am chinesischen Bondmarkt Potential, um bei einer Emission durch Hedging, Arbitrage von Zinsdifferentialen und Nutzung von Marktasymmetrien von den Vorteilen einer internationalen Außenfinanzierung zu profitieren. Die Vorteile gelten für den Onshore RMB Markt und den Offshore RMB Markt dabei jedoch in unterschiedlich starkem Ausmaß.
The purpose of this paper is a conceptualization of the identification and motivational methods for top distributors in the Chinese market for frequency converters. An examination of the market size, participants and segments is provided. Further the benefits for the manufacturer and distributor that occurring from a partnership are elaborated on and the term top distributor is defined.
Based on marketing channel literature a conclusive multidimensional model for the top distributor selection has been developed. The basic dimensions for distributor selection were determined as Sales/Market, Product/Service and Risk/Uncertainty factors. Those dimensions are supplemented by the China specific factors Guanxi and Human Capital. With special focus been given on the aspects that businesses might encounter when operating in China the reginal factors in distributor evaluation are also being discussed.
IN order to determine the value of different rewards two surveys were conducted. For the identification of the most valuable motivators a rewards portfolio was developed and applied on the data gathered in this surveys. The rewards portfolio was based on the portfolio analysis first developed by the Boston Consulting Group. The rewards determined as most valuable from both the manufacturers and distributor sides were “additional marketing and customer acquisition support”, “extended payment terms” and “market intelligence from manufacturer”. An explanation for the importance of those rewards is additionally provided.
The bachelor thesis “ international Markenführung in China- Wie kann man eine Marke auf dem Wachstumsmarkt China stärken?” was created in collaboration with the company GF Automotive in Schaffhausen and covers he topic of branding in China. Considering the growth strategy of GF, especially for the Chinese market, this thesis should answer the question to what extent the branding strategy needs to be adapted to Chinese culture in order to be successful and which actions need to be taken to strengthen the brand awareness. As brands are an important asset which can generate value and differentiate form competitors it is important to develop a strong brand identity which can successfully be applied to the highly competitors it is important to develop a strong brand identity which can successfully be applied to the highly competitive Chinese market.
Following a short introduction into the theory of branding and its relevance for the Chinese market there will firstly be undertaken and examination of the Chinese automotive market. In the next step the current brand appearance, its values and goals will be analyzed with respect to the Chinese market. Within the scope of the online survey there will take place an evaluation of the current brand loyalty of the employees of GF Automotive in China. As the theory is closely related to the identity- based brand management, the first step of all brand activities is to strengthen the brand internally and create a common understanding. Therefore, the results of this survey are important for the further investigations of this thesis. In addition, the expert interviews should examine the findings of the theoretical research and give further insights into the practices of branding in China. Marketing experts report about their experience and point out what needs to be taken into account for a successful brand strategy in China. As a conclusion, this research should identify problem areas, which need to be improved to successfully strengthen the brand GF in China. Thereupon will be developed recommendations for actions which need to be taken by GF. The thesis shows, that in order to strengthen the brand in China it is very important to partly adapt to the Chinese circumstances. The heterogeneity of the two countries, China and Swiss, makes it impossible to simply apply a standardized branding. The culture, the language, etc. require an adaption of the branding in order to successfully reach the Chinese audience. Therefore the transnational brand strategy turns out to be the most successful for GF Automotive in China. It covers both, standardization and adaptation.
In recent times, China’s role in the clothing industry has been threatened. China’s ability to compete on a cost basis is diminishing and urges the country to find a new means of competition. The aim of this study is to assess China’s future role in the industry with special regards to European apparel manufactures. This is done by taking a closer look at several factors that have an impact on the industry. The analysis of published data, conducted studies and expert opinions brought to light how the government is actively involved in the pursue of maintaining China’s leading role in the textile and clothing industries as these are important contributors to China’s economic well-being. Two strategies have been emphasized. Firstly, the upgrading of the industry as a means of differentiation that allows China’s clothing industry to compete on other factors than costs. Secondly, the boost of China’s domestic market in order to mitigate against the risk arising from the volatility of markets and increased need for speed in the industry. While China’s role is undoubtedly changing, it seems like the country has found opportunities to maintain an important position in the future of the clothing industry.