| local companies |
| Local companies will succeed not only by possessing traditional skills, but also by demonstrating a high degree of flexibility and adaptability in dealing with both technology and people and by becoming far more efficient to meet the competition from abroad. In the increasingly competitive market, local businesses do not enjoy the government protection and will have to be much more concerned with 1) customers, 2) quality of their products, and 3) brand image in the marketplace. The consumers have stopped being passive recipients of the output of the current monopolies and are gaining the right to choose, greatly changing the way the companies operate in the region. |