Emerging Markets And The Global Environment

Question 1

What is an emerging market?

Answer 1

A country achieving rapid economic growth (measured by GDP)

Question 2

Whats the opposite of an emerging market?

Answer 2

A developed market

Question 3

What are some emerging markets?

Answer 3

China, India, Mexico, Russia, Poland

Question 4

What do the citizens of an emerging market have compared to those of developed?

Answer 4

Lower income per capita

Question 5

Is infrastructure complete in emerging markets?

Answer 5

No, still needs developing

Question 6

Are emerging markets changing at a greater or lower speed than developed markets?

Answer 6

Greater speed than developed economies

Question 7

What opportunities do emerging markets present?

Answer 7

• can take advantage of lack of legal constraints
• can move production into these markets and take advantage of cheaper labour
• can access new markets possibly with higher disposable incomes

Question 8

What threats do emerging markets present?

Answer 8

• lower labour costs - emerging markets came produce more cheaply than in developed economies
• fewer exports from developed economies as emerging ones have been blue to produce for themselves
• more competition as businesses based in emerging economies are perusing more expansion into developed countries