Identify and explain key concepts of emerging technologies

Assignment Help Operation Management
Reference no: EM131875490

One of the best ways to learn a concept is to teach a concept, and in this assignment it will be necessary for the learner to understand and explain the concepts from Modules 1 and 2 in a 4-5 page word document.

Factors Contributing to an Emerging Market

There are a few variables that have influenced EMs. They are:

Significant market potential. A few expectations include the most extreme rates of populace development and infrastructure expansion. The potential for business is immense as an excess of 80% of the global populace dwells in developing markets and cannot be disregarded.

Ongoing financing in infrastructure expansion incorporating divisions in transportation, energy, and communication results in reducing the expenses of trade in developing markets.

Professional counseling and publicizing associations have made predicting for EMs less difficult to maneuver through business and societal structures within the markets.

The advancement of technology has made them competitive on a worldwide scale. Advanced management tools have made it less demanding for managers to prepare themselves to outline product generation in a more straightforward way.

Governments are providing full support to foreign financing making the financing process less burdensome. Despite the intercultural contrasts in a few nations, more supervisors have understood the quality of making worldwide "win-win" connections and affiliations together.

Numerous western administrators have begun studying remote dialects and have a superior understanding of other societies. Likewise, numerous local administrators have been t

Such as the risks of EMs. Evans (2010) provides a list of the major risks:

Increasing Inflation: There has been a dramatic increase in inflation-roughly 6.7% in the markets of the Western parts of the world in May of 2011.

In Taiwan, it is 1.7% and in Argentina, Venezuela, and Vietnam it ranges up to 18.3% higher, topping at 20% and in some instances even higher.

The increase in inflation is a result of the rise of food costs, with a much larger segment of the consumer price basket than affluent countries.

Not including food and energy, China's inflation nucleus is a low 2.4% while in Brazil, it is at 5.5 %, and inflation in India is over 8.8%. Inflation for foodstuffs could overflow into incomes and other costs.

or, There are many challenges with EMs. Some of the primary ones include corruption in government, weak infrastructure, dominance of family conglomerates and/or state, political instability like war and civil upheaval, building relationships, intellectual property rights, and talented employees.

Corruption: Bribery in distant countries can return to plague you in your domestic market.

For example, bribery fines totaling USD 1.3 billion have been levied on MNEs. Weak Infrastructure: There are hurdles for companies functioning in EMs, such as being certain their merchandise is obtainable to costumers in an area with anemic transportation and conveyance infrastructure.

Political Instability: Abrupt and aggressive changes in government could result in proprietary rights to be unexpectedly examined.

In 2006, the new government in the Democratic Republic of the Congo evaluated the chief mining contracts endorsed by the prior government and rescinded the license of Canada's First Quantum.

Corruption: Bribery in distant countries can return to plague you in your domestic market. For example, bribery fines totaling USD 1.3 billion have been levied on MNEs by the U.S. government in relation to the Bonny Island liquefied natural gas project in Nigeria. The bribery charges and fines have tainted the status and character of Halliburton, Saipem, and other additional MNEs.

Weak Infrastructure: There are hurdles for companies functioning in EMs, such as being certain their merchandise is obtainable to costumers in an area with anemic transportation and conveyance infrastructure.

By focusing on more established urban regions and higher sections of the consumer base, foreign companies have learned to survive. Other, more enterprising businesses have pioneered entirely new approaches.

To reach lower revenue, bucolic customers in Asia, Unilever is delivering wares to villagers by the use of motorcycle in Indonesia and educating local women's self-help groups to distribute their merchandise in India.

Political Instability

The Internet will be a great resource for completing this assignment because the learner can use keyword phrases to pull the specifics needed to cover the topics and complete the assignment.

You have been asked to create a 4-5 page word document to train a group of new employees for Future Trends Financial Firm on key concepts of emerging markets. Include the following in your assignment:

Identify and explain key concepts of emerging technologies, highlighting their use and availability for emerging and developed markets.

Define and describe common industry concepts including: institutional voids, business groups, technological capabilities, changing income distribution, and bottom of the pyramid. Please be sure that the correlation between concepts and various markets is appropriate.

Develop a 4-5 page word document, utilizing at least two scholarly sources. Apply APA standards to the citation of sources.

Make sure you write in a clear, concise, and organized manner; demonstrate ethical scholarship in accurate representation and attribution of sources; display accurate spelling, grammar, and punctuation.

Reference no: EM131875490

Questions Cloud

What were the mission and objectives of the project : What were the mission and objectives of the project? What were the high-level tasks or scope of the project? How was the need for the project identified?
What are some types of quasi-experimental studies : What are examples of times when quasi-experiments should be used? What are some types of quasi-experimental studies
Evaluate the impact of key inputs from stakeholder groups : Assess the types of stakeholders involved in the development process for the product/service of your chosen company.
Create a quasi-experiment to do a program evaluation : Pretend you have a grant to create a quasi-experiment to do a program evaluation on a non-profit. What non-profit(s) would you focus on? Why
Identify and explain key concepts of emerging technologies : Significant market potential. A few expectations include the most extreme rates of populace development and infrastructure expansion.
Develop the differentiation strategy : Classify the company's major competitors as inter- or intra-competitors. Categorize the competitors' major strengths and weaknesses.
How does the article relate to our lecture on growth : What is the article about? Who are affected? How does the article relate to our lecture on growth (GDP)? What do you foresee in the economy in five to ten year?
Examines a direct cause-effect relationship : Given what you have presented, do you think that experimental research is the gold standard? Why or why not? Examines a direct cause-effect relationship
Applications of crispr for gene editing : Applications of CRISPR/Cas9 for Gene Editing in Mutant Huntingtin Gene In Vitro - Grant Proposal Guidelines

Reviews

Write a Review

Operation Management Questions & Answers

  Development life cycle and global information system

Explain what are the commonalities between System Development Life Cycle and Global Information System?

  Specified guidelines for calculating the net present value

As a new project manager in a multinational organization you have been tasked with preparing the financial analysis for a project business case. The organization has specified guidelines for calculating the Net Present Value (NPV). Which of the follo..

  Which tesla competes are affecting tesla strategy selection

What factors in the general environment and the industry in which Tesla competes are affecting Tesla’s strategy selection?

  How sales strategies can be aligned with corporate objective

Explain with examples, how sales strategies can be aligned with corporate objectives in organisations like Acrylic Fabricators.

  Servant leadership from a different religious perspective

While servant leadership is often associated with Christianity and the Bible, one could argue it is compatible with most religions and philosophies and that it transcends cultures. You are required to locate two articles that examine servant leadersh..

  Illustrate the differences between cost-based and

1. what are the differences between cost-based and value-based pricing?2. pricing is based on customer perceptions of

  Review based on management-labor relations topic

Prepare a written review based on a Management / Labor Relations topic.

  What operations strategy could dell be attempting

Dell has recently switched from allowing customers a great deal of flexibility in designing their own computers to having a few standard models with few options that can be selected by the customer. Based on this information, respond to the following..

  Support of six sigma plus

How does top management show its support of Six Sigma Plus? Do you believe that an adequate structure exists to continue building and sustaining the quality effort at Honeywell for the foreseeable future?

  Complex contractual environments

When relation-ship specific exchange occurs in complex contractual environments, the best way to purchase inputs is through-

  Overview of the international expansion

Please provide an overview of the international expansion of Under Armour Inc.

  What valuation models are used by investors

What valuation models are used by investors when evaluating businesses at different stages of development?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd