Description
In 500-700 words, Identify 1 emerging market that your chosen company could expand its business into.
Explain and justify your choice. Identify and explain what strategy the company should
use. Justify your choice. Havard Referencing with more than five sources used( i chose The Commonwealth Bank Of Australia)
Explanation & Answer
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1
COMMONWEALTH BANK OF AUSTRALIA AND THE EMERGING MARKETS
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2
Emerging Market For The Commonwealth Bank Of Australia Could Expand Its Business
Into.
Emerging markets are the developing countries or the emerging economies. They are
countries that are experiencing a rapid industrialization, modernization, and a fast economic
growth hence adopting a free market. As compared to the developed countries like Germany,
Japan, Italy and the United States of America, the emerging markets have a lower-thanaverage per capita income (Cavusgil, Riesenberger, Rammal & Rose, 2015).
In the recent years, despite the fact that these countries represent a low-cost manufacturing
and a high-risk business environment, they have started to pose a competitive challenge to the
so-called advanced economies due to the evolving of their infrastructu...
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