Research about the Management 2022

Running head: MANAGEMENT
Management
Name of student
Name of University
Author note

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MANAGEMENT
Table of Contents
1. Introduction.........................................................................................................................3
1.1 Research background........................................................................................................3
1.2 Research rationale............................................................................................................3
1.3 Research aim....................................................................................................................3
1.4 Research objectives..........................................................................................................3
1.5 Research questions...........................................................................................................4
1.6 Research hypotheses.........................................................................................................4
2. Literature review.................................................................................................................4
2.1 Procurement challenges experienced in the emerging markets of China and Nigeria.....4
2.2 Solutions to mitigate such kinds of problems and challenges experienced in the
emerging markets of Chin and Nigeria..................................................................................6
3. Research methodology........................................................................................................7
3.1 Research philosophy....................................................................................................7
3.2 Research design...........................................................................................................8
3.3 Sampling method or technique....................................................................................8
3.4 Data collection.............................................................................................................8
3.5 Analysis of data...........................................................................................................9
3.6 Limitations...................................................................................................................9
3.7 Values and ethics.........................................................................................................9
4. Time and cost frame........................................................................................................9
References................................................................................................................................10

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A comparative analysis of Procurement Challenges in emerging markets: A case study
of Nigeria and China
1. Introduction
The research is done to focus on the various challenges and issues related to the
procurement and supply chain activities of companies within the emerging markets of Nigeria
and China. Though the level or degree of challenges differ according to the size of companies
and on the basis of industry from which these companies belong along with the operations
and processes managed within the emerging markets of Nigeria and China. At present, the
global sourcing within the markets that have been emerging are becoming more influential,
which has resulted in success of many companies (Pal, Wang and Liang 2017).
1.1 Research background
The background of research highlights the importance of procurement activities while
entering the new and emerging markets to ensure gaining competitive advantage and higher
revenue generation too. Though there are numerous benefits, still the, background of research
prioritises on the procurement challenges associated with this, which are needed to be
overcome for gaining sustenance within the emerging markets properly (Hexter and
Narayanan 2006). With the changing environment, the membership of China in the World
Trade Organization and European Union have created extensive sourcing activities, which
results in easy relocation to the emerging markets of Nigeria and China and even allows for
gaining competitive advantage in business as well. This relocation to the emerging markets
has also resulted in better communication management along with use of extensive
technologies for the purpose of entering new foreign markets by the foreign companies,
furthermore, ensure overcoming issues and challenges such as non-wage labour costs, rising
prices of products along with higher costs of production and other changes too (Hall, Löfgren
and Peters 2016).

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1.2 Research rationale
The rationale of the research is actually the problems of the research experienced and
are related to the various procurement challenges to be dealt with, while conducting a
comparative analysis of these issues and challenges within the emerging markets of China
and Nigeria. The procurement challenges also sometimes lead to extensive supply chain
management issues, which can not only deteriorate the entire business functioning, but also
can harm the overall business performance by affecting its ability to gain profit and make it
unable to attain a competitive edge over its competitors (Li, Georghiou and Rigby 2015).
Though this opportunity in global sourcing has allowed for moving into the emerging
markets of China and Nigeria, still there have been multiple issues and challenges associated
with it including the rising cost of materials’ transportation, higher costs incurred while
production along with market saturation issues and high prices of products and services too
(Aduwo et al. 2016). The research rationale also highlights the major challenges that are
faced by the companies to balance the sourcing process and activities for responding to the
challenges experienced in the various emerging markets too.
1.3 Research aim
The research aims to do a comparative analysis of the various procurement challenges
experienced within the emerging markets considering the case study of China and Nigeria.
1.4 Research objectives
 To identify the various challenges associated with the procurement strategies and
activities managed by the companies within the emerging markets
 To evaluate the various approaches managed by the business organisations to ensure
successful sourcing activities and management of supply chains
 To assess the probable effects of these procurement challenges and issues that are
experienced by the companies with the emerging markets of China and Nigeria