Man international partnership work
Interactive Video
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Business
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University
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Practice Problem
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Hard
Wayground Content
FREE Resource
The video discusses a business venture in Korea, focusing on the mobile phone accessories market. It highlights the importance of having a physical presence in a saturated market and forming a joint venture to transfer technology. The business now generates $3 million and employs a few people. Trust and authenticity are crucial for success, and maintaining relationships through regular visits is essential. The venture has enabled the company to explore new technologies like IoT, Wi-Fi, and Bluetooth.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
Describe the importance of maintaining relationships in the context of the business discussed.
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What advancements did the company achieve by moving into the Internet of Things?
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OFF
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