1) Introduction · Briefly explain the economic relationship between China and Singapore 2) The benefits Singapore gained from the China rapid economic growth · Singapore’s merchandise export and import with China · Joint government projects or Foreign direct investment between Singapore and China · Growth of tourism industry or Growth of pirvate education industry in Singapore · Collaboration finance market between Singapore and China 3) The challenges Singapore faces in this economic relationship · Competition as financial hub with Shanghai and HongKong · Competition in natural resources or in regional and global market · Dependence of China economic growth · Lack of Chinese government support and regulations or lack of personal experience · Labor force problem or problem with local partners · Lack of market information and sufficient financial assests 4) The economic strategies or policies to strengthen the relationship · Bilateral tie in signing agreement free trade, education, foreign investment and technology · Strengthening financial cooperation · Government-led investment in China- Suzhou industrial park and Tianjin eco-city · Helping local companies (SMEs) access to China market 5) Conclusion: the confidence of these two countries’ economic relationship MG4650: Week 2 Team Enrichment Analysis 2.1 Matrix of the Three Types of Organizational Change 1 Matrix of the Three Types of Organizational Change Type Degree of Pain Felt Primary Motivation Degre e of Threat to Surviv al Gap Between Environme ntal Needs and Operations Clarity of Outcome Impact on Mindset Focus of Change Orientation Level of Personal Developm ent Required How Change Occurs Development al Change 1 Improvemen t 1 1 4 It is prescribed against a standard 1 Little if any Improvement of skills, knowledge practice and performance To do better in a certain area: project- oriented 1 Through training, skill development, communications, process improvement Transitional Change 2 Fix a problem 2 2 4 It is designed against a criteria 1 Little if any Redesign of strategy, structures, systems, processes, technology or work practices (not culture) Project- oriented: largely focused on structure, technology, and work practices 2 Controlled process, support structures, timeline MG4650: Week 2 Team Enrichment Analysis 2.1 Matrix of the Three Types of Organizational Change 2 Source: Anderson, D., & Anderson, L. (2010). Beyond change management: How to achieve breakthrough results through conscious change leadership (2nd ed.). Hoboken, NJ: John Wiley. Type Degree of Pain Felt Primary Motivation Degre e of Threat to Surviv al Gap Between Environme ntal Needs and Operations Clarity of Outcome Impact on Mindset Focus of Change Orientation ...