M. Tech. Business Administration (MBA) / The objective of the study was to identify factors that have enabled Chinese footwear and textile products to thrive in the Central Business District of Johannesburg. China has become Africa's largest trading partner. Over 800 Chinese companies currently trade in 49 countries in Africa resulting in a 10-fold increase in trade between 2000 and 2010. Since the early 1990s, 800 local textiles producers have ceased operation, and over 60,000 jobs have been lost. Accordingly, the South African Government imposed import duty on Chinese textiles products in August 2006. Moreover, Chinese entrepreneurs experience logistical bottlenecks in importing products, language barriers, and still have to comply with government requirements. Also, consumers have become price-sensitive considering the arguably inferior quality of Chinese products. In spite of the hurdles highlighted above, Chinese textiles enterprises are more successful than their competitors. The results of this study showed that the relative success of Chinese footwear and textile companies in comparison with local enterprises was attributed to the practice of rewarding employees with gifts, the provision of training to employees on entrepreneurial skills, and the ability to keep accurate records on business activities. Findings of the study are valuable to stakeholders such as the local footwear and textile enterprises as well as the South African Department of Trade and Industry and the South African Chamber of commerce and Industry.
Identifer | oai:union.ndltd.org:netd.ac.za/oai:union.ndltd.org:tut/oai:encore.tut.ac.za:d1001184 |
Date | January 2013 |
Creators | Wen, Lei |
Source Sets | South African National ETD Portal |
Language | English |
Detected Language | English |
Type | Text |
Format |
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