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Essay

China'S New Rules Open Door To Amway, Avon, Others

Essay specific features

 

Issue:

Business

 

Written by:

Nancy N

 

Date added:

September 23, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1011

 

Was viewed:

4642 times

 

Rating of current essay:

 
Essay content:

China's new regulations will allow them to recruit sales agents to sell cosmetics, stain remover and vitamins from home or work -- and to sell those items directly to their agents. What the new rules won't do, though, is let the agents themselves recruit and collect royalties from other sellers, a type of business known as multilevel marketing...
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Back then, as China revenue mushroomed for Amway, Avon and others, local imitators built huge networks of salespeople, promising them riches if they signed up to peddle waterbeds, health elixirs, foot massagers and other products. Riots broke out when several schemes collapsed and salespeople at the lowest rungs lost their savings after paying for products that were never delivered to them...
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General issues of this essay:
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