Tiktok & WeChat

In response to President Trump’s Executive Orders signed August 6, 2020, the Department of Commerce (Commerce) announced prohibitions on transactions relating to mobile applications (apps) WeChat and TikTok to safeguard the national security of the United States on September 18, 2020. You are going to write an essay about this situation from an international business strategy perspective. In your essay, please address the following questions: 1. What are the stories of WeChat and TikTok? What are their parents companies? How are they doing in China and other markets? 2. If you haven’t tried these two apps already, you could explore on your phone. Compared to similar products, what are the advantages and disadvantages of WeChat and TikTok? 3. Do a customer portfolio analysis. Who are using these two apps in the US? If they are banned in the US, who will be impacted the most? What are the possible consequences of banning these two apps? 4. What do you think are the real reasons for the executive orders to be signed? 5. What could WeChat and TikTok do in face of the current situation? The essay should be structured to address the above questions, no less than 10 pages. You need to cite external website or other information sources at the end of the essay following APA format.