1. Currently, Chinese companies such as Baidu , BYD , and Lenovo...

1. Currently, Chinese companies such as Baidu, BYD, and Lenovo aspire to world leadership. These companies set their ambitious goals when they were only a fraction of the size of the companies they were chasing. Indeed, they were so small that initially the market leaders did not even recognize them as potential competitors; many had never competed outside their domestic markets. Yet all made global leadership their mission, with goals so ambitious they exceeded the firms' existing resources and capabilities by a large margin. Identify what challenges these firms needed to overcome and how they might measure success.