Ultimate
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The student has chosen to locate their new athletic apparel business, Ultimate, in China. China is an attractive location due to lower manufacturing costs from cheaper labor. Setting up the business in China will provide jobs for Chinese workers and benefit the Chinese economy through taxes. However, the Ultimate executives will need to learn Chinese customs, business laws, and the language to successfully operate in China.
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- 1. ULTIMATE Social Studies Globalization Research Project
- 2. The name of my multinational corporation is Ultimate The products that Ultimate provides are… • Athletic shirts • Athletic shorts • Hats • Sneakers
- 3. Possible locations for my business in Asia China • The reason I picked China is because there are lots of unemployed workers which have good skills in making clothing that work cheaper than American workers. • China is also a good place because there are already many clothing factories there where my products can be made.
- 4. Possible locations for my business in Asia India • India also pays less wages per hour than the U.S. • Like China, it also has lots of unemployed workers looking for jobs.
- 5. China • Ultimate will be located in China • The Ultimate products will be made in China because there are skilled workers there that have expertise in making athletic gear • The benefits of my products being made in China is that I will have to pay the skilled workers a much cheaper wage than in the US • This will help my business because I can keep my wage costs lower and offer to sell my products at a cheaper price
- 6. Benefits to China • Locating Ultimate in China will benefit China in many ways • This will provide employment to many Chinese citizens • This will benefit their economy • This will provide more taxes to China
- 7. Chinese Customs • The Ultimate executives will need to learn the Chinese language • At first, I will need to hire Chinese Interpreters to help manage the business and train my American executives in Chinese business laws • My executives will need to learn Chinese customs
- 8. Executives Need to Know • How to speak Chinese • When introducing someone, they state the last name first then the first name • How to eat with chopsticks • That being on time is very important and a sign of respect in China • China has a different government and laws • You cannot take any pictures of the military – it is a crime
- 9. Bibliography • Https://www.cia.gov/library/publications/the-world- factbook/geos/ch.html. • http://www.google.com/search? tbm=isch&hl=en&source=hp&biw=1280&bih • http://www.google.com/imgres? q=china&hl=en&gbv=2&biw=1280&bih=603&tbm