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5 months ago
What are the two basic types of opportunities in emerging markets?
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Business and Its Environment
Edition: 7th
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5 months ago
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Opportunities in emerging markets are of two basic types. The first is to use a country to export goods to better developed countries and markets. The extractive industries are the prime example, as are the factories in Asia that supply the apparel and footwear markets. This requires foreign markets to be open, which is generally the case in developed countries. The second type of opportunity stems from the domestic economy. Emerging market economies have been growing rapidly and the middle class was emerging in many countries.
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