AN EXAMINATION OF THE INFLUENCE OF STRATEGIC MANAGEMENT AND POLICY MAKING ON BUSINESS OUTCOMES IN CHINA

Abstract

Researchers assess Chinese enterprises based on their strategic management, policies, as well as performance in this quantitative study. This research was trying to examine several performance metrics, such as profitability, market share, innovation, as well as overall firm performance in China, in relation to the outcomes of strategic planning and government rules. Researchers polled a wide range of Chinese businesses to find out how they handle strategic management tasks including planning for the future, determining where they are in the market, allocating resources, and dealing with the effects of local restrictions. An analysis of regression was carried out. strong strategic management is substantially associated with strong firm performance, according to the data. Businesses that regularly use strategic management frameworks might benefit from them in terms of operational efficiency, market share, and profitability. Government incentives, trade policy, and regulatory help all contribute to firm performance, as the report clearly shows. To achieve organisational success, the study stresses, corporate strategies must be coordinated with national policy objectives. Businesses succeed where their competitors fail because their methods adapt to changing local markets and laws. According to the paper, Chinese businesses may improve their competitiveness in both domestic and global markets by coordinating their strategic planning with official government initiatives. These findings are helpful for foreign companies attempting to understand China's business landscape because they provide light on the effects of managerial and strategic policy decisions on Chinese company performance.