Entering Country X
1. What are the cultural challenges of entering this country with your product? How do you plan to deal with it?
2. What would be your preferred mode of entry into that country with your product and provide a rationale for doing so?
3. How would you manage the global competitive dynamics of competing in that country? Who is your competition? How do you intend to deal with existing competitors in that country? Why do you think your product will be better than the products offered by your competitors
Organize your answers with headings and sub-headings in a paper format. Please do not use the questions as your headings. Use the APA style with in-text citations. Please make sure that you have a Table of Contents with page numbers. Please keep your paragraphs short (paragraphs that are more than half a page is to be avoided).
The country is China.
The product is MRI Machines.
Mandatory source https://www.export.gov/
the product is MRI Machines and bring to present/sale in China from US
Country Entry
Magnetic Resonance Imaging machines are machines used for medical purposes. Notably, the machines use imaging and scan human bodies for diseases with the aid of radiology. The ability of MRI scanners to use transistor surfs and strong irresistible fields and magnetic field gradient helped the scanners generate body images of body organs (Bašić, Vlajčić, & Kiessling, 2016). Over the years since 1970, scientists developed magnetic resonance related machines to serve the medical purpose to produce Nuclear Magnetic Reasoning Machines images. However, in 2003, Mansfield and Lauterbur discovered the magnetic resonance imaging being awarded the Nobel Prize in Physiology and Medicine. Notably, China has a high demand for Magnetic Resonance Imaging machines but challenges in manufacturing the machines in China come in handy.
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