GMS 200 Lecture Notes - Geert Hofstede, Mccain Foods, Turnitin

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Published on 11 Mar 2013
School
Ryerson University
Department
Global Management Studies
Course
GMS 200
Alexander Wong, 500510461, Section #: 011
Mini-Assignment #1 Case: McCain Foods Limited
Turnitin Confirmation #: 302041514
Dr. Shavin Malhotra
1. If you were in charge of the Asian operations for McCain, how would you recommend
the company overcome the challenges in the Chinese market?
Being a foreigner in any market is a challenge, if I were in charge of the Asian operations for
McCain I would first gain an understanding of what appeals to the Chinese market. This way I
will be able to produce a product that will not only satisfy the Chinese consumers but also not
offend them. For example, in regards to packaging, the Chinese market are very attracted to the
colour red as it conveys good luck and good fortune while our company should avoid the colour
white as it represents death and mourning. It is simple details like these that the Chinese market
would become more comfortable and willing to accept western food.
Additionally, prices of the McCain products may be seen as overpriced compared to local
Chinese products. A different approach being in charge of the Asian operations would be to
adjust the prices of our products, perhaps set them at a price lower than the standard in order to
appeal to the Chinese consumers who are not familiar with McCain. Lowering the price will
allow consumers to give McCain foods an opportunity to show western foods can be accepted.
Once McCain foods have become more familiarized with the Chinese community our company
would be able to raise prices as we have already established an appealing brand with consumers.
Another effective decision to overcome the challenges in the Chinese market would be to
improve advertising of McCain products. Advertising campaigns including celebrities endorsing
products have proved numerous times they improve sales and overall awareness of the brand.
The reason for this is because especially in the Chinese market, when consumers see celebrities
they look up to become associated with a product, it gravitates their interest towards that certain
brand or product.
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Document Summary

Being a foreigner in any market is a challenge, if i were in charge of the asian operations for. Mccain i would first gain an understanding of what appeals to the chinese market. This way i will be able to produce a product that will not only satisfy the chinese consumers but also not offend them. For example, in regards to packaging, the chinese market are very attracted to the colour red as it conveys good luck and good fortune while our company should avoid the colour white as it represents death and mourning. It is simple details like these that the chinese market would become more comfortable and willing to accept western food. Additionally, prices of the mccain products may be seen as overpriced compared to local. Lowering the price will allow consumers to give mccain foods an opportunity to show western foods can be accepted.

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