Pleаse answer the followіng questions. Typiсally, students submit a two-page single-spaced report to answer the three questions posed. In terms of answering the questions, you should provide supportive arguments that are related to each point you make. For example, using bullet points or providing a one-sentence answer without an explanation or supportive statements is not considered effective. The answers should have a smooth flow with appropriate reasoning. Make sure you use an identification system (e.g., The first benefit is…The second benefit is…)

1. What were the obstacles or challenges (both internal & external) that HMC had to deal with in the Chinese market? Discuss at least three.

2. What factors or conditions made Beijing Hyundai to enter the Chinese market with Sonata, which was considered a luxury vehicle? Discuss at least two.

3. What contributed to the early success of Beijing Hyundai? Discuss at least three.