Cover image for BRICs and Beyond : Lessons on Emerging Markets.
BRICs and Beyond : Lessons on Emerging Markets.
Title:
BRICs and Beyond : Lessons on Emerging Markets.
Author:
Jones, Stephanie.
ISBN:
9781118351567
Personal Author:
Edition:
1st ed.
Physical Description:
1 online resource (303 pages)
Contents:
BRICS and Beyond: Executive Lessons on Emerging Markets -- Contents -- Foreword -- About the Author -- Chapter 1: Introduction: Doing Business in Emerging Markets - Risks, Opportunities and Practice -- Part I - Risks -- Chapter 2: Country Risk: Politics and Business in Emerging Markets -- Introduction -- 1. 'Church and state' - the impact of politics on business -- 2. The jittery political environment in China - political risk, continued -- 3. Once a Communist . . . another form of political risk -- 4. Some countries are (financially) riskier than others -- 5. The haves and the have-nots - commodity risk -- 6. War and peace -- 7. Kidnapping and piracy -- 8. Demographic risk -- 9. Discretion can be the better part of valour - censorship risk -- 10. Information and transparency in China -- 11. The grass is always greener - Indian business avoids its risky home market -- 12. More country risks. . . -- Risky to touch the untouchables -- Tit-for-tat -- Tarred with the same brush -- Leaving the apron-strings -- Protectionism -- High unemployment -- Dumping Is going up in the world -- Chapter 3: Corporate Social Responsibility: Transparency, Ethics and Governance in Emerging Markets -- Introduction -- 1. Corruption in India -- 2. Corruption in China -- 3. Corruption worldwide -- 4. Human rights in China - and elsewhere -- 5. Privacy - another human right -- 6. Financial scandals in Russia -- 7. Financial scandals in China - and elsewhere -- 8. Copyright piracy -- 9. Brazil - not poor anymore? How do we know? -- 10. Attempts to create equal opportunities in South Africa -- 11. The economic dominance of China - the new colonialism -- 12. Protection or unfairly excluding competition? -- 13. Corporate governance -- 14. IP - especially in China -- 15. Monopolies -- 16. Gaining respectability.

Chapter 4: Business Culture: Cross-Cultural Management and People in Emerging Markets -- Introduction -- 1. Cross-cultural communications -- 2. High power distance -- 3. Big brother is watching you -- 4. Individualism and collectivism -- 5. Avoiding uncertainty -- 6. Relationships, not rules -- 7. Achievement or status? -- 8. Showing emotions - or not -- 9. The right time for a business meeting -- 10. In real time as it happens -- Part II - Opportunities -- Chapter 5: Marketing: Implementing Marketing Ideas into and from Emerging Markets -- Introduction -- 1. Need to keep it going -- 2. Hitting the spot -- 3. Following the herd - especially in China -- 4. Keeping up with the Joneses -- 5. Customizing for success -- 6. Leveraging foreign interest -- 7. The rise of the locals -- 8. Areas for future marketing potential -- 9. Still closed to the outside world -- Chapter 6: Entrepreneurship and Innovation: Technology, Innovation and New Business Ventures in Emerging Markets -- Introduction -- 1. Leapfrogging the traditional path -- 2. New businesses for the newly affluent -- 3. From copying to creating -- 4. Innovation for development -- 5. Returnee entrepreneurs -- 6. India vs China -- 7. Breaking down the barriers -- 8. The great unknown - especially the private sector in China -- 9. Do or die -- Part III - Practice -- Chapter 7: Strategy and Operations: Changing Business Strategies and Operations in Emerging Markets -- Introduction -- 1. Support from the top -- 2. Expansion - in different ways -- 3. Attracting Chinese money -- 4. BRICS investing in Europe - rather than the US -- 5. India - and other also-rans -- 6. Diversity - not keeping all your eggs in one basket -- 7. Moving upscale - and downscale -- 8. Going for gold -- 9. What's missing? -- Chapter 8: Strategic Alliances: Western Business and Emerging Market Business - Working Together.

Introduction -- 1. Marriages of convenience -- 2. Dipping a toe in the water -- 3. Not getting off the ground -- 4. What's so special about what you are offering? -- 5. Riding on the back of the BRICS -- 6. What makes a BRICS country attractive to a Western firm? -- 7. Reverse colonization -- 8. Getting grounded -- 9. Commodities - the name of the game -- 10. East meets West - there's no escape -- Chapter 9: Lessons for Global Business: What We Can Learn from the BRICS and Beyond -- Introduction -- Risks -- Leadership -- Government intervention -- Financial risks -- Corruption -- Risk of working with local people and businesses -- Censorship, information and keeping your head down -- Cultural risks -- Commodity risk -- All kinds of risks -- Opportunities -- Marketing strategy -- The luxury segment -- Brand consciousness -- Advertising -- Spending power -- Foreign franchises -- Links with local businesses and brands -- New markets -- Practice -- Competition -- Inbound investment into the West -- Outbound investment from the West -- Technology transfer -- Diversification -- Opportunism -- Glossary -- Reading List -- Recommended Further Reading -- Index.
Abstract:
BRICs and Beyond is an international business executive text written especially for executive and MBA students. It is based on extensive consulting in emerging economies and several years of experience teaching executive MBA courses around the globe. The author has continually faced the problem that the available textbooks for teaching international business focused almost exclusively on examples of Western multinationals for case illustrations. In the process of preparing cases nearer to the emerging market she worked in, the author realized that the often fascinating, frequently insightful and always different approach to business illustrated by these cases should be required reading for MBA students in typical Western environments too. With its wide range of current case illustrations and concise summaries this is a new-generation text that will welcome today's MBA student to the wider world of 21st century international business. ". . . this book is needed not only because it looks at business from the BRICs points of view; it also looks at business from the point of view of tomorrow's business leaders and the challenges that they will have to cope with." --Professor Jonathan Gosling, Centre for Leadership Studies, and co-founder, The One-Planet MBA, the University of Exeter, UK ". . . Stephanie Jones advises Western businesses on doing business in emerging economies in a refreshingly straightforward manner, integrating in a novel way her three decades of global, practical experience with the daily barrage of reporting on the BRICs--distilling from these many lessons and principles. . ." --Extracted from the Foreword, by Professor Wim Naudé, Director of Research, Maastricht School of Management.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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