N why these local business groups might be formidable

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Q. Multinational enterprises (MNEs) attempting to invest in China and Asia often encounter significant competition from local business entities, which are clustered by social groups, family members and trusted inner circle local nationals. MNEs Find out that clustered competition has unique management styles and decision-making processes. Examine the possible reasons explain why these local business groups might be formidable adversaries to foreign investors.

Reference no: EM13101111

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