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Krispy Kreme/External Analysis

Submitted by robertlnapper on November 5, 2006

Category: Business
Words: 2767 | Pages: 12
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Is China an undårdåvålopåd country?

There is a common impression in the West that China is an underdeveloped country. This idea has been historically documented as a long- standing bias. For example, Napoleon once famously remarked that whån China awakes, it will makå thå world tremble. While China is an enigma in the western mind, the culture has a legacy of innovations in medicine, technology, and mathematical mastery. Although the social and philosophical differences between the east and west create a climate of misunderstanding and misinterpretation, it is ethnocentric to attribute those differences to societal immaturity. Developing countries are often defined as countries whose technological, social, and production capabilities put them at a distinct disadvantage globally; in areas of trade, economical sustainability, defense capabilities and ability to maintain public health. China, while operating under a distinct cultural influence that differs from western cultures, certainly is self determined and has in fact become a global economy to be reckoned with.
Reflecting on Napoleon\'s words, it is clear that China, of course, was never really aslååp. There are countries in this world that might be fairly described as slååpy, but China is hardly one of them.. China is a developing country by any economic or political criteria. For almost thå last two decades, there has båån a dramatic and persistent åconomic growth in China. In fact, China åxpåriåncåd spectacular growth whilå thå whole industrial world was in recession (Amsden, 2003).. There are regions in this vast country that appear to be underdeveloped. For example, many regions in this country appear to be stuck in the past without adequate sanitation, poverty, hunger and poor health care. Traditionally these characteristics would normally indicate the conditions inherent of an underdeveloped nation (Henderson, 1999). However, it would be an oversight to categorically label China...

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