1. Explain the definition of emerging market and list at least one international index listing emerging countries. According to the index you are listing South Korea, Singapore, and Poland as emerging countries. Explain why yes or no dor each oh the three countries. 2. Discuss how the "five context of frameworks" can help companies like Carrefour identify the key factors they should focus on to succeed in a country like Brazil or China. Discuss the main difference between the two countries by applying the framework. Base your arguments on your preparation and what we have discussed in session 1 and the work case studies 3. Imagine that you are consultant, and you are invited to help Naos (the company we work on during the business game) identify key success to build a sustainable business in an emerging country such as South Africa. Explain in a short introduction why the approach should differ from a western economy and draft at least five recommendations to help the company succeed. Explain your ideas in detail. 4. Explain the concept of "Jeitinho in Brazil and Guanxi in China". What are the differences? Give at least one example for each concept

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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1. Explain the definition of emerging market
and list at least one international index listing
emerging countries. According to the index you
are listing South Korea, Singapore, and Poland
as emerging countries. Explain why yes or no
dor each oh the three countries. 2. Discuss how
the "five context of frameworks" can help
companies like Carrefour identify the key
factors they should focus on to succeed in a
country like Brazil or China. Discuss the main
difference between the two countries by
applying the framework. Base your arguments
on your preparation and what we have
discussed in session 1 and the work case
studies 3. Imagine that you are consultant, and
you are invited to help Naos (the company we
work on during the business game) identify key
success to build a sustainable business in an
emerging country such as South Africa. Explain
in a short introduction why the approach
should differ from a western economy and
draft at least five recommendations to help the
company succeed. Explain your ideas in detail.
4. Explain the concept of "Jeitinho in Brazil and
Guanxi in China". What are the differences?
Give at least one example for each concept
Transcribed Image Text:1. Explain the definition of emerging market and list at least one international index listing emerging countries. According to the index you are listing South Korea, Singapore, and Poland as emerging countries. Explain why yes or no dor each oh the three countries. 2. Discuss how the "five context of frameworks" can help companies like Carrefour identify the key factors they should focus on to succeed in a country like Brazil or China. Discuss the main difference between the two countries by applying the framework. Base your arguments on your preparation and what we have discussed in session 1 and the work case studies 3. Imagine that you are consultant, and you are invited to help Naos (the company we work on during the business game) identify key success to build a sustainable business in an emerging country such as South Africa. Explain in a short introduction why the approach should differ from a western economy and draft at least five recommendations to help the company succeed. Explain your ideas in detail. 4. Explain the concept of "Jeitinho in Brazil and Guanxi in China". What are the differences? Give at least one example for each concept
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