Ivey Publishing
Hung Fook Tong: From Hong Kong to China (Simplified Chinese)
Product Number:
9B16AC016
Publication Date:
05/30/2016
Revised Date:
05/30/2016
Length:
14 pages (6 pages of text)
Product Type:
Case (Field)
Source:
Ivey/CUHK
In 2014, the general manager of the established and successful Hong Kong-based company Hung Fook Tong, which produced and sold herbal teas, wondered how his company could profitably expand to mainland China. After Hung Fook Tong’s recent initial public offering on the Hong Kong Stock Exchange, its shareholders’ equity had tripled. The initial public offering committed Hung Fook Tong to expanding its business in mainland China; however, that market posed many challenges, in part because it represented a far larger market. The general manager knew it was critical to determine a suitable and successful expansion strategy.
Learning Objective:
This case is suitable for courses in marketing or in an introductory service leadership at the undergraduate or graduate level. It can be used to meet the following teaching objectives:
  • To introduce the analysis underlying marketing strategy formation: customer, company, collaborator, competitor, and context (including culture);
  • To explore the aspiration decision: segmenting, targeting, and positioning;
  • To initiate an action plan: developing the marketing mix with product, promotion, place, and pricing; and,
  • To better understand the role of leadership and how can it influence the success of a retail service organization.
Issues:
Disciplines:
Marketing,  International
Industries:
Manufacturing
Setting:
Hong Kong, Large, 2015
Intended Audience:
Undergraduate/MBA
Price:
$4.25 CAD / $4.25 USD Printed Copy
$3.75 CAD / $3.75 USD Permissions
$3.75 CAD / $3.75 USD Digital Download
Associated Materials
Use With: 9B16A016 (15 pages)
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