Chinese decision-making being too slow with negative results:
An example is Western companies like Home Depot and Tesco entering China with business models that assumed rapid market adaptation and quick decision-making based on Western norms. Home Depot struggled for six years before shutting down all stores in 2012. Their slow adaptation to consumer preferences—such as the Chinese preference for paying for labor rather than do-it-yourself products and the need to educate consumers on their offerings—resulted in losses and failure. The slow internal adjustments to changing market needs and misunderstanding of cultural priorities contributed to poor outcomes.