Title: Strategic Management

Essay Details

Subject: Miscellaneous
Author: Troy C
Date: July 17, 2011
Level:
Grade: A
Length: 2 / 359
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Essay text:

Some institutional voids: absence of specialized intermediaries, regulatory systems, and contract enforcing mechanisms, have caused corporation in emerging market cannot access capital or talent easily and inexpensively. However, corporation in emerging market can overcome such disadvantage for there reasons : • Executives from multinational companies are ill equipped to deal with institutional voids such as unsophisticated market research data and unreliable supply chain partners in developing countries • Once companies from emerging markets have demonstrated a degree of success, they can tap capital and talent market in developed countries, too for e...

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Their organizational process and cost structure make it difficult to sell product at optimal price in emerging markets. They often end up only servicing niches. Most product markets comprise 4 distinct tiers: • Global tier : consumers want the same attribute and quality that products in developed countries have and are willing to pay global price for them...

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