Kyoto Protocol

1
Kyoto Protocol

• Treaty aimed at reducing emissions of gases
  linked to global warming
• Disagreements on how to measure gas emissions and
  levy penalties when a target is missed
• Rejection of the treaty by Bush in March
• Japans role

2
Religious freedom in China

• U.S. report on international religious freedom
• U.S. Department of State
• Chinas respect for freedom of religion and
  conscience has worsened since July 1, 2000
• Unregistered groups and spiritual movements
• Adherents sent to labor camps (trial not
  required)
• Chinese officials claim report attacks and
  distorts truth

3
What the games will do for China

• Olympics will do for China in 2008, what they did
  for South Korea in 1998
• Restrained authoritarian Government from cracking
  down on dissidents, paving the way for free
  elections
• S. Koreas evolution to a true democracy
• Forcing China to be more open, move towards
  democracy and decide against aggression towards
  Taiwan

4
AOLs entry into China

• Deal with Chinese Government to broadcast into
  Southern China (CETV)
• CETV already available illegally in some Chinese
  homes
• First time a foreign distributor has won the
  right to distribute programming
• Terms of entry no news, no violence, no sex

5
Avon Products

• Evaluate the potential of the Chinese cosmetics
  market
• Discuss the adaptation that Avon made to their
  product portfolio and distribution system on
  entering the Chinese market
• What were some of the reasons for the reduction
  in sales in 1994? How did Avon address these
  issues?
• Discuss the problems related to direct selling in
  China, restrictions imposed by the Government and
  their implications for Avon.
• What should Avon do given the ban on direct
  selling?

6
Avons new business model

• Retail system
• Avon branches/ outlets
• Beauty counters
• Sales promoters
• Wholesale system
• Store dealers

7
Problems in China

• Paralysis in decision making (joint ventures)
• Lucents market share in fiber optic transmission
  equipment slipped from 70 to 30
• Pepsis lackluster performance
• Inappropriate product portfolio
• Kraft v/s Nestle
• Knowing the market
• Budweiser v/s Miller
• Learning and adapting
• Volkswagen v/s Peugeot