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Please help with discussing the following questions with research and analysis on the effect of the rule of law and ethics on the economy of
Please help with discussing the following questions with research and analysis on the effect of the rule of law and ethics on the economy of China.
- Using China, please identify the current legal system (civil, common, religious, or mixed) and what influence that colonization had on the creation of the current legal system.
- As an entrepreneur in China, identify a socioeconomic problem in China and a product or service that addresses this problem. Analyze this product or service through the specific steps of a market screening.
- Describe how likely is it for an entrepreneur to enter the market considering the current legal system
- Evaluate two international market entry methods for the product or service in China. What are the advantages and disadvantages of each method?
- Taking into consideration the cultural, societal, and religious values, provide examples of effective and ineffective advertisement practices you would implement to introduce the product or service into China. Explain your reasoning.
- For the selected product or service, recommend at least two legal compliance approaches that should be used by companies when conducting international business in China (e.g., employment law, tax law, advertising law, corporate law).
- For the selected product or service, what are two key recommendations to consider regarding ethics and social responsibility in China (e.g., intellectual property, competition, corruption).
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