Competing in Emerging Markets
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This course includes: Competing in Emerging Markets will focus on the steps of the market entry process from various viewpoints and stakeholder perspectives, from developed country MNCs to emerging market local champions looking to expand overseas to smaller local firms everywhere looking to grow new value! We will look at this new market entry process from (1) revenue related motives, like new sources of demand, to enter profitable markets, to exploit monopolistic advantage, to react to trade restrictions and to diversify internationally, and also from (2) cost related motives, including gaining economies of scale, using foreign production factors, using foreign raw materials, using foreign technology and reacting to exchange rate moves.