Question

Please develop a two-page case write-up that includes the following three elements:

1. Problem statement
Define the problem that Haier faces and that you address in the write-up; conclude the first paragraph with the question and explain why the question is important.
2. Analysis
Keep focused on the question raised; indicate factors that are important for answering the question and discuss the relationships between them.
3. Recommendations
Offer recommendations for Haier that should follow logically from your analysis; discuss implementation issues.

Answer 1

Higher wage of labor and cost of production.

Step-by-step explanation:

Higher wage and cost of production are the problems faces by Hair because due to higher cost of production, the cost of Hair appliances are also very high which lowers its demands, while on the other hand, Whirlpool launches appliances that has low cost than Hair appliances so people go for Whirlpool appliances which is a big problem. The solution of this problem is that the Hair company shift their set up in that country where wages are low as well cost on production, in this way the Hair can solve its problem.