Need help with my writing homework on Lenovos Entrance in Argentina for Mobile Phone. Write a 3000 word paper answering; was the initial name of Lenovo. Lui Chuanzhi was the founder of the company. In the initial stage, the company was mainly into selling of merchandising that ranged from television to roller stakes. The company has established a subsidiary in Hong Kong that mainly focuses on the PC distribution i.e. Legend Holding Limited. The success of the concerned brand was the key reason that facilitated the expansion of the company (Lenovo 2013). Correspondingly, in the year 1990, the strategy taken by the Chinese government was to reduce the rate of import tariffs. This further ensured effective international trade between the company and another company named IBM. This strategy led to the expansion of the Legend Group Holdings, which is a subsidiary company within the Hong Kong Stock Exchange. During these years, the company had flourished within the international boundaries. This is the reason the name was changed and reframed as Lenovo. 2.2 Lenovo’s Culture In the year 2005, Lenovo, the Chinese company made acquisition of IBM’s PC divisions. This emancipated spectacular changes within the company’s history. This change within IBM was a cultural shock for the employees of IBM. The cultural shock of the employees was effectively mitigated by the management of Lenovo. In case of the Chinese management, they efficiently responded to the insecurity pertaining to the employees by hosting cultural events. In this regard, such cultural events helped in boosting the motivation of the employees. Moreover, it was effectively conveyed by the Lenovo’s management to the employees that they intend to expand the operations rather than liquidating anything.
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