Competitiveness Impedimental Factors of Latvian Manufacturing Companies in China

Aldis Bulis, Sajal Kabiraj and Md Nur Alam Siddik

Global Business Review, 2021, vol. 22, issue 2, 290-310

Abstract: This study seeks to investigate competitiveness of foreign manufacturing companies in the Chinese market, developing full list of competitiveness impedimental factors of foreign manufacturing companies in the Chinese market, exploring the most significant competitiveness impedimental factors of Latvian manufacturing companies in the Chinese market and developing the conceptual model for reduction of competitiveness impedimental factors of Latvian manufacturing companies in the Chinese market. The main research methods employed in this study are literature review, expert method and surveys. The conceptual model for competitiveness improvement of manufacturing companies in the foreign market developed in the study shows that it is possible to improve companies’ competitiveness in the foreign market by reducing impact of competitiveness impedimental factors for operation in the foreign market that leads to increased profit, turnover and export volume. The results of this study show that the most significant competitiveness impedimental factors of Latvian manufacturing companies in the Chinese market are as follows: logistics to China is expensive and time-consuming, lack of support from state government for exporting to China and inappropriate marketing to sell products in the Chinese market.

Keywords: Chinese market; competitiveness of companies; competitiveness impedimental factors (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0972150918814104 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:globus:v:22:y:2021:i:2:p:290-310

DOI: 10.1177/0972150918814104

Access Statistics for this article

More articles in Global Business Review from International Management Institute
Bibliographic data for series maintained by SAGE Publications ().