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Micro & Macro Economics

In: Business and Management

Submitted By bneyman23
Words 1857
Pages 8
Phase Five Individual Project
Brittany Crowe
Colorado Technical University
MGM336-1502B-01 Management in International Business
Professor Asefaw Indrias
June 21, 2015

The macro environment in the Communist country of China is represented by a socialist system with Capitalistic characteristics unique to China. Despite having many similarities to an authentic Capitalistic system, China is placated upon a macro environment wherein the Communist party and its policies deeply impact all aspects of the economy and economic development. Different industries are present within the country including the Shareholder System Enterprise, the State Owned and Control Enterprise, and Foreign investment enterprise, which is what our company would attempt to enter into (Hedley, 2015). China has experienced substantial growth as well as rapid economic development over the last two decades, which has witnessed both the GDP and consumer demand grow fast within the country. Despite this substantial growth, the macro environment is unevenly distributed as varying degrees of living standards are present throughout the country with those in major metropolitan cities and those in the countryside experiencing vastly different levels of upward mobility as well as differences existing between eastern coastal areas and central and western areas.
Our company’s strategy is to produce the highest amount of productivity with the least amount of expenditures and labor required. This is the strategy in any country, and China is no different. Being socially responsible would entail ensuring that policies are in place to prevent exploitation of workers, such as the policies that Apple attempts to ensure third-party contractors adhere to when using them for contracts to assemble their products. The organization must prevent against labor abuses by inspecting their plants often and requiring...

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