BUS371 Doing Business with China- SUSS Assignment Sample

Like every other top businessman, Singaporean students also wishes to become a successful businessman. Every such student sets an ideal who inspires him an wishes to be like him. China stands among one of the top countries with the highest economic growth in the past 30 years and has become a terminus for several people across the globe to spread their business. Thus, in order to acquaint the Singaporean students with awareness and skills of doing business with/ in China, SUSS University offers a part-time course program namely BUS371 Doing Business with China.

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Besides, SUSS University does not provide only crucial knowledge and skills but also provides the students with a variety of assignments with the aim of their betterment. A lot of homework is assigned to the innocent Singapore students so that they can learn and understand the entire subject wholly. But in reality, instead of improvement, the students get stressed and start searching for BUS371 Doing Business with China Assignment samples. It has become a trend in Singapore students to seek a legit assignment help company in Singapore.

Motif of BUS371 Doing Business with China Course

The primary motif of the SUSS BUS371 course is to familiarize the Singaporean students with relevant knowledge about doing business with any Chinese company or to operate a business in China itself. This course aims to equip the students with the basic knowledge to understand China, business culture in China, people around there, difficulties while working in a new atmosphere, etc.

This course especially focuses on furnishing the Singaporean students with essential information and awareness about the new country i.e. China and goods as well as bads that can happen there.

What’s inside the SUSS BUS371 course?

The SUSS BUS371 course comprises vast information about China, its culture, business environment, and guide for Singaporean students for how to survive in that environment.

China is one of those countries which has the world’s largest economy in the past 30 years while growing enormously.

By showing a uniform increment in the economy in the past 3 decades, China has become a quasi market-oriented system from a centrally planned economic system. Also, by 2010, China has been ranked as having the second-largest economy in the world. Besides, China is one of the biggest exporting and importing economies in the world. This course informs the students that whether it is a small or big enterprise, with outstanding market dynamics, it will be much easy to become an important consideration.

The SUSS BUS371 Doing Business with China course also equips the students with information about viable business models, market-entry strategies in China. Along with that, the students also get to understand the socio-cultural aspects of the Chinese people for feasible businesses aspiring to invest in China.

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Tips for doing business with/ in China

If one wishes to do business with Chinese companies or set up their own business in China, they should be well informed about everything about China and its business culture.

Here are some tips if one intends to do business with/ in China: –

• Work while keeping long term goals in mind.
• Consider the significant cultural differences like the lunar calendar.
• Honor the Chinese view of the world.
• Realize that no company in China would be disconnected from politics.
• Try to bring your sales pitch meeting the Chinese values.
• Hire any local partner and keep learning from him.

The trouble with doing business in china

Whenever you wish to start something new, it is very common that you will face some challenges as well. Similarly, the same is applicable when planning of doing business with China.

Here are some major challenges that a person may face: –

• Uneasy access to market
• Rapidly varying consumer preference
• Bureaucracy
• Governmental challenges
• High competition
• It takes a bit longer to set up a business in China
• The high cost of doing business
• Economic stagnation
• Corruption

What topics does the BUS371 SUSS course cover?

The BUS371 course covers a wide range of topics aiming to arm up the Singaporean students with the entire process, culture, and other aspects of doing business with China.

Here are some of the crucial topics in BUS371 Course: –

• Role of China in the global economy and its relation with the world
• Overall political, administrative and economic structures of China
• China’s legal system
• Types of business structures in China
• The Five-Year Plans in China
• Special Economic Zones in China
• Latest accounting system and development in China
• Current taxation system and development in China
• China’s Supply chain management strategies
• Government policy and the development of China’s logistics environment
• Business culture and atmosphere of china
• Nature of consumer markets, consumer behavior in China
• The necessity for a good Chinese translator in China

Educational Upshots of SUSS BUS371 Doing Business with China Course

After completing this course program, students emerge out with an intense understanding of China’s business module, culture, environment, and many other aspects of doing business in China.

These are some of the crucial educational outcomes of BUS371 course: –

• Decipher the legal system and five-year plan of China
• Differentiate between business structures and special economic zones in China
• Review the overall political, economic, and administrative structure
• Think up the strategies of supply chain management in China
• Scrutinize the nature of consumer markets in China
• Examine the business culture & consumer behavior in China
• Employ independent thinking and analytical judgment
• Organize and plan group projects

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Several people aspire to do business in China but little did they know anything about the culture and customer environment of China. If you are also thinking about doing business in China 2020, you must surely opt for the BUS371 course.

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