1. When did the People’s Republic of China open to foreign investments? a. _____ In the late 1960s b. _____In the late 1970s c. _____In the late 1980s d. _____In the late 1990s

2. True or False ______The percentage increase in U.S. exports to China outpaced U.S. exports to the rest of the world during 2000-2011.

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now

3. How did Best Buy enter China in 2006? a. _____By opening franchise stores with Chinese owners b. _____By negotiating a government contract c. _____By making a greenfield investment d. _____By acquiring a majority interest in an existing company

4. Best Buy had several challenges in China. Select all that apply. a. _____The Chinese thought Best Buy was a cheap brand name b. _____Consumers were only willing to pay higher prices for brands like Apple. c. _____Piracy in China reduces the demand for electronics at competitive prices. d. _____The Chinese do not want to shop at huge mega-stores. e. _____Chinese consumers have no pent-up demand for the types of products Best Buy sells. f. _____Most Chinese consumers buy their electronics online.