Buy custom China'S New Rules Open Door To Amway, Avon, Others
Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1011 |
Essay's paper body
"We have been told to shut down five times and to change our way of doing business four times," Eva Cheng, chairman of Amway's China business, told a Sept. 5 press conference in Guangzhou. "We depend on product quality more than our business license."
Almost a year late, the new rules fulfill China's WTO promise to legitimize direct sales, but they keep the playing field tightly controlled...
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Direct sales will be limited mainly to big companies able to meet strict disclosure requirements. Under the new law, compensation for their sales reps can't exceed 30% of sales revenue; in other countries it can be at least 50% of sales revenue.
Despite the restrictions, direct-sales marketers see almost boundless potential in a nation of 1...
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General points of the essay
China Currency Reserves Top Japan's, China Business News Says
Amway
amway goes astray in china
Business Culture: China vs US
Business Environment - China vs India
Business in China: Cultural Factors
China Business
China'S New Rules Open Door To Amway, Avon, Others
Doing Business In China
Fashion Business In China
How To Do Business In China
US and China Business Issues
Westerners Doing Business With China
The Domestic Business Environment of China
Soap Opera's: Treasure your children, because they'll change bodies, change faces, and grow up three times their age in a year
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