Opportunities for Global Expansion in Emerging Economies

This essay discusses and interprets how emerging economies are presenting opportunities for global expansion for businesses. It explores the impact of globalization and the potential for growth in these markets.

ESSAY
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Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Discuss and interpret how emerging economies are presenting opportunities for global
expansion for businesses..............................................................................................................3
CONCLUSION................................................................................................................................4
REFERENCES................................................................................................................................6
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INTRODUCTION
Emerging markets are described the country in the process of rapid growth and
industrialisation. The documentation is mainly focused on emerging market that attempt to
define what constitutes an emerging, just like other attempt to find out emerging market. The
essay explores the existing literature about emerging markets and systematically review them
regarding political, economic and social impact of globalization. Finally deeper understanding of
emerging economic which will increase opportunities for global expansion for businesses.
MAIN BODY
Discuss and interpret how emerging economies are presenting opportunities for global expansion
for businesses.
An emerging the market consumption that will expand more quickly than advanced
economics and emerging market will account for increasing share of global consumption. The
large multinational companies with strong brand, well-developed infrastructure and innovation
(Marinov and et.al., 2020). Furthermore, it is developing the economics which providing the
opportunities for long-term growth. Particularly china, Brazil and other consumer focus
enterprises.
To be sure that developing economies will important market because of established
population and comparatively middle classes. The developing countries have low growth
prospects in term of consumer based organizations. In context of purchasing power, an advanced
economics accounted for about 65% of global GDP and also emerging market in business
expansion (Dang, Jasovska and Rammal, 2020). The emerging market’s consumption growth
becoming slow down with similar rate as in economies but still growing share of global
expansion.
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Figure 1 Spending growth
As emerging market progress, they often experience of rapidly growing income growth and
set out to create. There are large number of population within country rise the rate of
employment where emerging market have begun to drive global innovative. Companies are
discovering the market which allows them to innovate at lower price but it potential to disrupt
the current status (Dang, Jasovska and Rammal, 2020). Furthermore, it is very important for
organizations to keep in mind if any innovation in emerging market which adapting in the
businesses. In order to increase the overall business productivity and profitability in global
marketplace.
The potential growth of multinational companies which primarily depending on the
emerging market which come with its own set of risks. It has begun to reform their financial,
legal as well as political system. In this way, companies take advantage of growing size of
middle as well as higher classes which means increasing income. The productivity and
profitability, low prices however lead sourcing of enterprise through emerging market from
India. In order to capture the market opportunities.
CONCLUSION
From above discussion, it has summarised about the Emerging markets that mainly
described about the process which implementing in business expansion. it is mainly focused on
the emerging market that attempt to define what constitutes an emerging, just like other attempt
to find out emerging market. As discussion occurs about the emerging markets and
systematically review them regarding of business growth and development. Furthermore, it
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concentrate on deeper understanding of emerging economies that has presenting opportunities
for global expansion for businesses.
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REFERENCES
Book and Journals
Marinov, M.A. and et.al., 2020. International Business and Emerging Economy Firms: Present
Characteristics and Future Trends. In International Business and Emerging Economy
Firms (pp. 1-15). Palgrave Macmillan, Cham.
Dang, Q.T., Jasovska, P. and Rammal, H.G., 2020. International business-government relations:
The risk management strategies of MNEs in emerging economies. Journal of World
Business. 55(1). p.101042.
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