Question: Assignment # 5 Due: February 1 3 2 0 2 4 Global Competition in Business The following essay assignment is designed to allow you to

Assignment #5
Due: February 132024
Global Competition in Business
The following essay assignment is designed to allow you to
apply your knowledge of Global Competition in Business by
researching its impact on various companies and brands that you
deal with on a daily basis.
The past 14+ years has seen a drastic increase in Global
Competition in the Consumer Electronics industry. Notably the
United State's biggest electronics maker, Apple inc., expanded
into the Chinese market in order to capitalize on the booming
Chinese middle class. In addition almost paradoxically, China's
largest consumer electronics maker, Huawei Corporation
expanded into the American market to boost sales to the largest
consumer market on earth. In another twist to these almost
parallel events, the last few years of that same 14 year period
has seen a contraction of sales of both companies for various
reasons.
In this assignment, you will need to perform online research
regarding the expansion of Apple and Huawei sales to new
global markets (i.e. China and the United States
respectively).Perform online research to also identify the reasons
for the subsequent contraction of sales in the past few years.
Following your research on these companies, answer the
following questions in a short easy format (minimum 1000
words total)
Explain one of the techniques used by each of these
companies to gain a competitive edge in their new market.
(2 marks)
What were the main challenges due to cultural differences
faced by Apple in China and Huawei in the United States?
(6 marks)
Would both Apple and Huawei's global expansions be
possible without the internet? Please explain. (3 marks)
How stable or unstable are the benefits of globalization for
private corporations in the midst of changing governments,
and government policies? (4 marks)
 Assignment #5 Due: February 132024 Global Competition in Business The following

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