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Elders Fine Foods

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Elders Limited vision is to the leading agribusiness in Australia, creating value for all stakeholders within Australia and in the international markets as well (Elders n.d.). The behind of the choice of business segments is because agribusiness can earn a lot of profit as foods, beverages, clothes are the necessity things that needed by everyone. Moreover, Elders Fine Foods China selling meat is because meat are popular and people love to eat. China is a net importer of beef and the demand of beef are outstripping than the supply (Kenny 2014). Elders Fine Foods China stick to only selling beef because the Chinese customers were willing to purchase beef and pay for premium price (Courtney 2017). The dining restaurants and hotels in China are …show more content…

The reasons behind are that Australian’s beef are the best and safe in the market and the reputation of Australia are clean and green (Courtney 2017).
According to ‘What is market intelligence?’ (n.d.), market intelligence is the gathering and analysing of information relevant to a company’s external environment, and is often part of the company’s strategic planning function. Strategic planning function including procedures, skills, applications, tools and practices used to support the company’s decision-making. Market intelligence provide the information of the company in future marketplace and identify the problems and opportunities exist as well (‘what is market intelligence? n.d.). Moreover, according to Arline (2015), market intelligence provide analysis that could help to improve the company business model and projections. Therefore, market intelligence is very important to Elders Fine Foods China because it can help Elders Fine Foods China to identify the new trends in advance before its competitors do. Moreover, it is a competitive advantage for Elder Fine Foods China because market …show more content…

Familiar with the Chinese business culture and social etiquette can avoid miscommunication and misunderstandings when coming into business relationship with the Chinese people. ‘Mian Zhi’ as known as face is very important to the Chinese. ‘Saving face’ is one of the Chinese culture means avoid embarrassment while doing business with the Chinese (Eaves 2007). For example, insulting the Chinese in front of others are known as not giving face to the Chinese. Building trust in the Chinese society also very important, it could lead the company to be successful in the Chinese market. According to Courtney (2017), Mr Aldous said that the ‘Guan Xi’ is very important so there is impossible to have any return during the first visit. The Chinese very emphasize in ‘Guan Xi’ means the relationship. Therefore, the Chinese will always make friends first before getting into the business (Chan n.d.). For example, the Chinese always have a small talk before because they want to know more about each other before getting into the business. According to Daw (2017), the Chinese prefer had a chitchat before had a serious talks and negotiations for example, the Chinese will ask some questions about the Chinese’s food, places, buildings, city and so on. This could build up some positive

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Business Intelligence The use of business intelligence is increasingly more important in the day to day use of technology by consumers, businesses, and organizations. The ability to capture consumer trends is priceless from a revenue and profit stand point. The business that recognizes this benefit will stay ahead in their current markets. These processes enable businesses to continue to capture a larger market share for the benefit of the organization and corporate shareholder.

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Every human culture in the world has standards. There is great pressure to reach these standards. One’s image to others is seen as the utmost important thing. One must follow the rules and the crowd. Everyone has to make decisions in their life that are affected by the people around them.

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How does it link to other sectors? As well as this , each sector belonging to the agri-food chain including agriculture and fisheries, food processing and manufacturing, food service and catering and food retail, all play a crucial role within the Australian food industry, as they all depend on each other’s success. Businesses such as Nestlé are able to link to these sectors in various ways.

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Face is of utmost importance in asian culture the same way individuality is of utmost importance in american culture. There are many aspects to face : one can gain face, one can lose face, one give or not give face to others. In essence, face is respect. To give face is to give respect. To not give face, is to not give respect.

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Same between the U.S. and China. Foods in Syracuse, like many other cities in the U.S., are pizza, hamburger and salads. However, people in the U.S. more focus on their health than people in China. Most people in the U.S. try to avoid high-calorie food even though they make lots of high-calorie food. On the contrary, Chinese like high-calorie food very much.

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Where as, many people and organizations say that banning live exports provides a better trade in Australia. Live export can be replaced with the cold meat industry as Australia has many animal welfare problems. Boxed and chilled meat is an alternative method which can bring number of advantages to the economy and society than live export in Australia. Also, the Australian government cannot protect the animal from cruelty because they are not able to circulate a welfare policy in the other countries. In the end, the Australian chilled meat export is becoming more and more popular in the world, even in Muslim countries.

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Moreover these consumer insights help companies optimize their marketing budget, where in case of Pillsbury same advertising that was shown in

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If you have dined in a different country then you would know how diverse the food and etiquette are. In American and Chinese cultures there are many similarities and differences. For example, both cultures dine with loved ones. Another similarity is that both cultures have conversations about the activities throughout their day. Furthermore, both cultures tend to have different varieties of the type of food that is served.

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In China privacy is also very important. Chinese don’t like to discuss about anything in front of other people who don’t belong to the group of meeting. They concerned about other people who might hear them get those ideas for their use or in their business. so, Chinese may found uncomfortable to discuss at that place. Canadian are affective.

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For instance, there are many Asian restaurants with special foods from China, Korea, Vietnam or street foods by Asian style with low price and

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I interviewed my Chinese friends and asked their perspectives toward this problem. They told me that they felt shame, and most of the Chinese hate wasting food. However, due to the tradition, Chinese wants their guests to feel home and afraid that the guests are not happy with the food, so they order the amount of food they cannot finish in the restaurant, which leads to the wasted of

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Food determines their culture in many ways. According to livescience, the main styles of Chinese cooking is Cantonese, which is mostly cooked as stir fried dishes, and Szechuan. Szechuan dishes contains the use of peanuts, sesame paste and ginger. Rice is the major food source in China. Chinese sense of art is influenced by the country's history.

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Firstly, take into consideration the role of relationships in making business transactions. In the case of America, they are opposed to developing a strong relationship with a client. The importance of the transaction takes the centre stage in business dealings. In the case of China, they place a huge deal of importance on getting to know the client first before making any business transaction (Ye & Robert Jr., 2017). Thus, the aspect of developing trust between the different parties in business transactions is very important in the Chinese culture as compared to the American

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According to Gavin Van Hinsbergh, “It[China] is a rich agricultural area that produces a broad range of vegetables and herbs, and these are served up.” This is an example of a type of authentic Chinese food that is healthy, since it contains vegetables and herbs. Vegetables are very healthy since they contain nutrients such as Vitamin A which helps keep your eyes and teeth healthy, Vitamin C which helps heal from injuries, and Vitamin B6 which helps develop the brain. When people go for authentic Chinese food, they will notice all these healthy nutrients and most likely start going out for authentic Chinese food more than American Chinese food. Additionally, according to Gavin Van Hinsbergh, “Jiangsu Cuisine 苏菜 Sūcài is fresh, a little salted, sweet, and uses favoring seafood, soup, and a beautiful appearance.

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