International Business in Emerging Markets
Assuming you are a Business Consultant with a Top Management Consulting firm. You have been approached by a client on the selection of an emerging economy to invest and establish operation. Your task is to prepare a report discussing topics that addresses today’s International Business Concerns and Challenges.
Your report should be based upon your research and supported experience containing the following key themes:
Justification on the choice of an emerging economy to enter, from one of following choices:
o Niger (Africa) o Mexico (Latin America)
o Indonesia (East Asia)
o Czech Republic (Eastern Europe)
o Egypt (Middle East)
Discuss the effect and impact to international business of key economic factors such as inflation, unemployment rate, trade, GDP and FDI.
Discuss the effect and impact of the financial market and institutions to international business, such as the foreign exchange market, financial institutions and markets.
Discuss the forms of technological innovation and their roles on international competitiveness such as payment systems, e-commerce, network services and social media.
Discuss the effect and impact of political and legal concerns on international business such as bureaucracy and governance, environmental and consumer protection laws.
Discuss the effect and impact of cultural differences on international business, such as values and attitudes, manners, languages and religion,
Discuss the role that businesses and corporations are expected to engage towards the development of emerging economies such as ethical practices, corporate social responsibility, and sustainability.
