...lot of population migrating, trying out new jobs,progressive independent women questioning the social norm of male superiority. This is seen particularly in the emerging economies who are the game-changers this century. Joint efforts of all countries towards strengthening the global economy,as well as increasing efforts in business oriented policies and eradication of trade barriers has resulted in the urbanisation of these markets. Another important aspect being the economic hit taken by the developed countries which has made brands shift their focus on the emerging countries market. (BBC News,2013) It is one of the most significant trends seen on the global level. The annual consumption of emerging markets by 2025 will reach $30 trillion and account for nearly 50% of the world’s total consumption. (McKinsey) It clearly indicates the supremacy of emerging economies vis a vis the developed economies. Moreover the average age of the population in emerging economies is young and is expected to be even younger meaning the majority of population will be in the age bracket of 15-65 which is considered as the working age population. This indicates growth prospects in terms of more employment and therefore more disposable income in the hands of these consumers. If we consider the four BRIC countries plus the tier 2 emerging markets, together they account for 3,4 billion people,more than half of the current world population of which the top 20% already have similar purchasing power as...
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...Is entering emerging markets the best way to increase profits? Definition- emerging markets are economies characterised by low to middle income GDP per head. In this essay I will be discussing the different factors that support and disagrees with the statement with the examples of rolls Royce, ikea Bric countries Yes it is- rolls Royce During the recession but survived mainly through market development as they entered the emerging market of China. Benefited from a strong demand of luxury cars. Market is growing by 36% a year and is on course to be the worlds largest market for premium cars. Strong economic growth, rising consumer incomes and growing middle class Rolls Royce used the strategy of entering an emerging market which was China. This strategy allowed the business to enter a market which was growing by 36% therefore giving them scope to boost up sales. Using ansoff's market development it allowed them to still charge a higher prove for their products therefore not having to cut costs in order to survive which would have damaged their brand image of premium luxury cars. As a result of thud the company's profit margins would still have been at the same level as they have a have a specific target market. Motivational levels may have Lao increased as there was very little job losses within the business. Overall rolls Royce emerging into a new market has provided a huge increase in profit therefore avoiding the recession and enabled their sales to be high. However...
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...1042-2587 © 2008 by Baylor University E T&P Entrepreneurship in Emerging Economies: Where Are We Today and Where Should the Research Go in the Future Garry D. Bruton David Ahlstrom Krzysztof Obloj Emerging economies are characterized by an increasing market orientation and an expanding economic foundation. The success of many of these economies is such that they are rapidly becoming major economic forces in the world. Entrepreneurship plays a key role in this economic development. Yet to date, little is known about entrepreneurship in emerging economies. This introductory article to the special issue on entrepreneurship in emerging economies examines the literature that exists to date in this important domain. It then reviews the research that was generated as part of this special issue on this topic. The article concludes with a discussion of the critical future research needs in this area. Introduction The quantity and quality of entrepreneurship research has increased dramatically over the last 15 years. Today, entrepreneurship research is some of the most widely cited in the management discipline, with leading journals dedicated to its study and well-recognized conferences supporting its development. The methods employed and the theory foundations used in entrepreneurship today are consistent with mainstream management research. However, entrepreneurship research can still be critiqued as almost exclusively focused on North American and European research sites...
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...Analysis of the emerging market in China Introduction Nowadays, with the financial crisis sweeping the globe, the emerging market is to be concerned by more and more countries. China as one of BRICs country has an impact on economic, trade and political in the world. This paper will talk about the emerging market--China from some economic factors, social factors and political factors, also analysis why China play an important role in the world. And what is the relationship between China and the international environment? Global overview and introduction to China When China awakes, it will shake the world. -- Napoleon Bonaparte The people's republic of China (PRC) which located in east Asia continent, and on the western shore of Pacific Ocean, which is the third largest country with 9,596,960 square kilometres. With the vast land, the land boundary of some 22.800 kilometers also have many neighbor such as Russia, North Korea, Vietnam, Laos, Pakistan, Afghanistan, Nepal, Tajikistan, Mongolia. At the same time, the mainland coastline measures about 18,000 kilometers with a flat topography, and there are many excellent docks and harbours, most of them are ice-free all year round (Jinyan, 2005). Most place of China all belong to the north temperature zone. Clear for seasons which suit for people to habitat. In addition as a big country with a vast territory, the nature...
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...Never has there been a time to invest in emerging markets than now. The recent financial meltdown in the United States and Europe has crippled investments in both the US and Europe and the outlook are not encouraging. While a lot of western countries and domestic companies are struggling to increase their bottom line- a lot of companies in emerging countries are flourishing. Expanding our operations to the rest of the world- emerging markets like India, China and a host of countries in Africa will increase our bottom line by helping us to diversity our investment endeavors and Starting out- our primary focus should be on Sub Sahara African Countries. When the global economic crisis struck, sub-Saharan African countries had just enjoyed a decade of rapid economic growth. In the three years before the crash, output had jumped to 6%, from an average of 5% over the preceding years. Thanks to prudent economic policies in the past- such as Zambia and Tanzania’s modest fiscal deficits to cushion their population from the worst of the global recession. While countries without fiscal space, such as Ghana reduces their deficit despite the global downturn. Before the crisis, private capital flows to Africa were rising faster than anywhere else in the world, helping to finance infrastructure and other development projects. Today, there have been a significant reduction in private aids to African counties but the need for external resource is still endless- most African governments...
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...In 1980, Japan’s industrial innovation over took the United States in the global market for the auto making industry. Soon after, very similar modernization was happening in the emerging market. While China and India were previously used for cheap labor or call centers, now they were coming up with new business models for production and distribution. Multinational companies in the west were investing in this market, building their R&D in developing countries, and hoping that economical and educational growth in the emerging market would help them overcome challenges. Businesses also realized that distributing to the billions of middle class people in developing nations is as beneficial as investing in the western upper class population. There was marketing potential in this region of the world, since the population of intellectuals was growing fast and consumers were getting richer and richer every day. The emerging market improved the design of the products by being smart in innovating the production process. The majority of people in China and India were happy with the new economic situation, since they were now able to use their resources, such as raw materials, in the best way possible to improve the economic situation. However, risk and unpredictability is a huge factor when entering this market. Obstacles include, but are not limited to, pollution, government intervention, laws, regulations, piracy and poverty. Dani Rodrik argues that most nations that benefited from...
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...and strategist Dr. Vladimir Kvint, an emerging market is “a country whose society in transition from a dictatorial form of government to a free market economy, increasing economic freedom, gradual integration into the world market, an expanding middle class, improving living standards, social stability and deepening cooperation with multi-institutions ". Furthermore, In 2008 Emerging Economy Report, the Center for Knowledge Societies defines Emerging Economies as those "regions of the world that are experiencing rapid informationalization under conditions of limited or partial industrialization." The notion of the author/ in simple terms with regards to emerging markets is that it is a particular economy which stands ahead of developing economies with more attractive economic and political conditions and institutional framework leading to potential business opportunities. According to Brandes (2014), “Emerging markets are no longer the uncharted markets they were in the past—they are advancing economies with growth opportunities and continually improving economic and political conditions”. The trend of emerging markets up surged from late 1990’s when 73% of developing countries outpaced America. The most impressive growth was reported in four biggest emerging economies; namely, Brazil, Russia, India and China which were abbreviated to BRICs in 2001. http://www.economist.com/news/briefing/21582257-most-dramatic-and-disruptive-period-emerging-market-growth-world-has-ever-seen ...
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...Introduction Emerging Markets Most of the Developing countries are known as the emerging markets. They are driving the global economy. Investing in emerging markets is a wise decision as the growth can be witnessed and also have better return on investment for future. It is anticipated that Emerging economies will mature two to three times more rapidly than developed nation like the US, as predicted by International Monetary Fund estimates. Corporate profits incline to grow faster when economic growth is higher. Likewise, US companies have done well in the last 12 months is because of their growth in non-US markets. Emerging markets also prove beneficial to investors as they create diversification as they act differently than developed markets. Emerging Markets Index of Morgan Stanley's consists of Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Poland, Russia, South Africa, Taiwan, Thailand, and Turkey (Forbes). Russia is one of the booming emerging markets in the East. However, Russia is not always an investor favorite as it is a booming market in global oil and gas demand. Russia has tons of both. It is the world's prominent natural gas producer and exporter and has the 8th largest oil reserves in the world. Russia is considered as a bargain for equity, but that is mostly due to country risk. (Forbes) During the recession in 2008, world markets in developed countries crashed but the emerging markets saved the global...
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...1. Problem Even though Nokia’s strategy in emerging markets has been successful –making the company the market leader in India and China with market shares of 60% and 40% respectively– the company’s position in the developed markets has been deteriorating. Nokia used to lead the mobile phone market in North America and Europe in the 90s and early 2000’s and now the company is losing share mainly to Apple, Samsung and RIM. At the end of 2009 market share in the US dropped from 33% in 2002 to 10%; in Europe revenue declined by 15% in 4Q2009 and it was pulled out of Japan. The question that rises is if Nokia should continue to operate in both developing and developed markets or select one over the other and what strategies the company should pursue for those alternatives. This report will analyze Nokia’s environment and its current internal situation and will provide an actionable recommendation plan to address this problem. 2. The External Environment Industry Analysis-Porter’s Model of Five Competitive Forces The mobile phone industry is a fast changing industry due to technological advancements and fierce competition. The first generation of mobile phones appeared in the 80’s, the second generation in the 90’s with the introduction of digital technologies and cheaper phones and lastly the third generation emerged in 2000’s with the introduction of 3G networks. a) Intensity of Rivalry Among Competitors This competitive force is high. There is an intense competition: 1)...
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...Emerging markets represent about 75% of the world's land; they are home for 80% of the global population. Based on classifications of countries used by the International Monetary Fund (IMF) in its World economic outlook (WEO) 150 countries are classified as Emerging Markets and Developing Economies (EMDE)s, including 20 members of G20. Today international companies are looking for new opportunities in emerging markets. More than 20,000 multinationals are operating in emerging economies and expect growth of their operations by 70% in these business areas. China and India represent the biggest potential future growth. However taking these huge opportunities means accepting significant challenges. Businesses entering emerging countries can’t succeed by simply using same business models, same products, prices and services suitable for developed markets. That is why companies have to use different strategy that can be applied to emerging markets. This course on Drivers, Strategies and Business Models For Emerging Markets teaches how to optimize the company’s strategy for emerging market, adapt and modify products and services to the target customers, identify new customers’ segments, and maximize profit on investment in emerging economies. The outcomes of this course are expected to be next: -Understanding of specific characteristics of emerging markets and opportunities and challenges there. -Understanding of finance concepts and strategy of investment in emerging economy. ...
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...RESEARCH PAPER “The Theology of the Emerging Church” THEO 510 LUO Dr. Sanders Liberty Baptist Theological Seminary Joseph M. Yarbrough November 10, 2013 TABLE OF CONTENTS Introduction………………………………………………………………………………………1 History of the Church……………….……………………………………………………………2 Church Doctrine…………………………………………………………………………………..3 The Emerging Church…………………………………………………………………………….4 Beliefs of the Emerging Church…………………………………………………………………..5 Methodologies of the Emerging Church………………………………………………………….8 Strengths and Weakness of the Emerging Church………………………………………………..9 Conclusion……………………………………………………………………………………….10 Works Cited……………………………………………………………………………………...12 Introduction Churches all across America are working hard in their attempts to increase the kingdom of God with all kinds of innovative and inspirational ministries. Many of these churches are tuning their worship services to make them more attractive and exciting to reach a new generation. According to George Barna, “Millions of dollars flow from church budgets into events each year in an effort to influence people’s thinking and behavior. Literally billions of dollars are spent every year maintaining, upgrading, and expanding buildings and facilities to provide the space and equipment required for the ministries planned by the church. To appeal to people who have thus far turned a cold shoulder to God, churches and denominations launch sophisticated marketing campaigns that are designed to reposition...
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...CARLSBERG IN EMERGING MARKETS Case study – Essay III References Books Gupta, A.; Wakayama, T.; Rangan, S. (2012) Global Strategies for Emerging Asia; 1.Auflage; San Francisco (2012) Agtmael, A. (2007) The Emerging Markets Century: How a New Breed of World-Class Companies is Overtaking the World; 1.Auflage; New York (2007) Armstrong, G.; Kotler, P.; Saunders, J.; Wong, V. (2011) Marketing – Grundlage des Marketing; 5. Aktualisierte Auflage; München (2011) Arouri, M.; Jawadi, F.; Nguyen, D.(2010) The Dynamics of Emerging Stock Markets: Empirical Assessments and Implications; 1. Auflage; Heidelberg (2010) Bleischwitz, R.; Welfens, P; Zhang, Z..(2011) International Economies of Resource Efficiency.Eco-Innovation Policies for a Green Economy; 1.Auflage; Heidelberg (2011) Burgress, S.; Steenkamp, J. (2006) Marketing renaissance: How research in emerging markets advances marketing science and practice. International Journal of Research in Marketing; 23; p. 337- 356 (2006) Cassia, F.;Magno, F. (2010) Marketing issues for business-to-business firms entering emerging markets: an investigation among Italian companies in Eastern Europe (2010) IV Dawar, N.; Chattopadhyay, A. (2000) Rethinking Marketing Programs for Emerging Markets; Ontario (2000) Homburg, C.; Krohmer, H. (2009) Marketingmanagement. Strategie – Instrumente - Umsetzung – Unternehmensführung; 3. Auflage; Wiesbaden (2009)...
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...The main characteristics of emerging markets Ayame Nakagawa Submission Date: 23rd August 2013 ------------------------------------------------- ------------------------------------------------- The Main Characteristics of Emerging Markets It is frequently said that markets are getting bigger and more complicated as globalization is spreading. What are emerging markets? They can be defined as ‘a financial market of a developing country, usually a small market with a short operating history’ (InvestorWords.com, no date). For example, BRICs, such as Brazil, Russia, China, and India are common thoughts of emerging countries. These countries have improved rapidly in terms of GDP, trade and so on. This essay will introduce the four main characteristics of emerging markets. To expand the worldwide market Magnus (2010, cited in Beausang, 2012, p.3) suggests that the GDP at purchasing power parity (PPP), which puts an importance on the related cost of living, is a proper method to explain BRICs’ contribution to the global economy. He implies that when GDP in US dollars is used as comparisons with emerging and advanced countries, it would be invalid because it is included some problematic points like exchange-rate in each country. According to the research by IMF (2001 cited in Beausang, 2012, p.3), GDP in 2001 in terms of PPP, America gave at 22 % of the whole, while BRICs were slightly smaller at 21.4%. However, ten years later, IMF (2011 cited in Beausang, 2012,...
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...STRATEGIES FOR EMERGING MARKETS The class discussion started with the problems faced by the developing countries in the emerging markets and then the strategies to manage guarded globalization were discussed. In this present economic scenario, it is not easy for the companies of developing markets to get an easy hold in emerging markets. They have to face several hurdles and the major is the government and policymakers regulations. Pfizer’s patent problem in India and lowering of drug prices by the Chinese government to make more drugs local signify this. Increased population, rising salaries, modern transportation and communication technologies drove many developing countries towards emerging markets. But after global recession, emerging markets have resented towards guarded globalization. Governments are becoming wary of opening more industries to multinational companies and are concentrating more on protecting local interests. They chose the countries with which they want to do the business, pick the sectors in which they will allow the capital investment and promote state owned companies which they want to. They are being selective. A country’s political scenario has become crucial in deciding with which country they want to trade as financial services, telecommunication, information technology, food sectors have been politicized. At the same time, welcoming foreign investment in few sectors triggers nation-wide protests. In India, allowing FDI in retail was a big issue...
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...Influences of emerging technology The impact of new and emerging technology on the global scale depends very much on the same factors that influence local acceptance and uptake. There are countries with different levels of industrialisation, technology infrastructure and wealth. Also political cultural and economic forces in present help various technologies succeed in some area and hinders them in others. If there is a rise in acceptance in technology it could create manufacturing opportunities. China with its huge population combined with political and cultural change has become the favoured location for many manufacturing industries. Countries with strong economic growth and population and a good disposable income are very accepting to the rapid uptake of technology. At the moment there is an enormous growth in information and communication fields. This has created a significant social change. (p167) Copy paragraph p168. Emerging technologies often result from an unorthodox combination of existing entities. The focus of these new technologies lies in the areas of: * Group collaboration on tasks * Next generation internet architecture that facilitates smoother communication * Real-world web services It is the norm to have multidisciplinary teams from around the globe working on one project. Collaboration tools * Podcasts * Peer to peer voice over IP * Desktop search * wikis Research of the new technologies p 170-171 Factors...
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