StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

International Business in Emerging Markets - Essay Example

Cite this document
Summary
Two emerging markets that will be discussed here are of automobiles and telecommunication. These two markets are advancing day by day and playing important roles in the world and attracting a lot of attention from people of all fields and around everywhere…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER95% of users find it useful
International Business in Emerging Markets
Read Text Preview

Extract of sample "International Business in Emerging Markets"

Download file to see previous pages

An automobile is basically regarded as a vehicle having wheels and carrying its own engine. The previous names given to an automobile were "horseless carriage" and "motor car" where motor was to denote an engine. The behaviour or making an automobile work is entitled as driving. Every automobile consists of a seat for driver and at least another seat for the passenger (http://business.mytopix.com/automobile/). Mainly automobiles are designed for travelling on roads but there are some automobiles which permit people to drive "off-road.

" Basically an automobile is made up of "internal combustion engine" but as years passed, "hybrid cars powered by gas-electric hybrid engines" penetrate the market. A typical automobile consists of four wheels, though three-wheeled automobiles were also made but did not gain much popularity due to constancy purpose (http://business.mytopix.com/automobile/). "Steam-powered self propelled vehicles were devised in the late 18th century. Nicolas-Joseph Cugnot successfully demonstrated such a vehicle as early as 1769.

The first vehicles were steam engine powered, and then electric vehicles were produced by a small number of manufacturers. In the 1890s, ethanol was the first fuel used by cars in the U.S. In 1919, alcohol Prohibition destroyed corn-alcohol stills which many farmers used to make low cost ethanol fuel. Later on gasoline and diesel engines were implemented." (http://business.mytopix.com/automobile/) The p. the United States but also the first "amphibious vehicle." It was called amphibious vehicle because it could be operated on wheels on land and with a paddle in the water.

Amongst the initial environmental modernizations were the substitute fuels for the "internal combustion engine." Nowadays, "methanol and ethanol are used as petrol extenders" in several countries, mainly in Australia and United States. Every year more than a million people die in automobile accidents and around 50 million people get injured in such accidents. There are several chief reasons of these accidents, including "inattentive driving, reckless driving, road hazards etc." Even after skilled progresses, the deaths occurring as a result of automobile accidents are still high.

Around 40,000 people die every year in United States as a result of such accidents, and the number of deaths keeps increasing year by year (http://business.mytopix.com/automobile/).Brief Introduction on TelecommunicationTelecommunication is the "transmission of signals" above a distance for the intention of "communication." These days, this procedure includes propelling "electromagnetic waves by electronic transmitters", whereas during previous days, this procedure comprised of using "smoke signals, drums or semaphores.

" Telecommunication has gained much popularity nowadays and devices enhancing this procedure are television, radio and telephone. Computer communication is also done on internet through e-mail and instant messaging, setting up examples of telecommunication. The fundamental factors of a telecommunication are:"A transmitter that takes information and concerts it to a signal for transmission.""A transmission medium over which the signal is transmitted." "A receiver that receives and converts the signal

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“International Business in Emerging Markets Essay - 1”, n.d.)
International Business in Emerging Markets Essay - 1. Retrieved from https://studentshare.org/miscellaneous/1522121-international-business-in-emerging-markets
(International Business in Emerging Markets Essay - 1)
International Business in Emerging Markets Essay - 1. https://studentshare.org/miscellaneous/1522121-international-business-in-emerging-markets.
“International Business in Emerging Markets Essay - 1”, n.d. https://studentshare.org/miscellaneous/1522121-international-business-in-emerging-markets.
  • Cited: 0 times

CHECK THESE SAMPLES OF International Business in Emerging Markets

International Business in the Emerging Markets

hellip; It does not include foreign investment into the stock markets.... China is now the greatest energy consuming country in the world, surpassing the US based on the IEA (international Energy Agency) findings.... (1) FDI trends in Asia and Latin America since the 1970s....
10 Pages (2500 words) Essay

Emerging Multinationals

Companies from emerging markets are better equipped to conduct business in other emerging markets Companies from emerging markets are better equipped to conduct business in other emerging markets.... emerging markets could be referred to the low income generation economies, or could be the developing markets or the economies currently in the growth stage.... The emerging markets have shown more growth in the recent years, as compared to the more developed markets and economies....
12 Pages (3000 words) Essay

Financial and Accounting Challenges Faced by Businesses from Emerging Markets

… Financial And Accounting Challenges Faced By Businesses From emerging markets In Meeting International Accounting Standards: With Special Reference To Companies In Azerbaijan.... Therefore, to find out the challenges faced by businesses in emerging economies, studies on companies in Azerbaijan will be helpful.... emerging economies like China, Azerbaijan etc.... emerging economies like China nd Azerbaijan have also implemented IFRS partially of wholly....
10 Pages (2500 words) Research Proposal

Attraction of Developed Markets for Emerging Market Brands

emerging markets are markets that have almost unlimited opportunity set.... This paper illustrates emerging markets as the markets or nations that have economies classified as being in their relatively early development stages.... The emerging markets spread across the globe and they differ extensively in their cultures, political, and economic behavior, as well as in factors that drive their market growth.... emerging markets face numerous challenges in their efforts of joining and competing in the developed markets....
8 Pages (2000 words) Essay

Exxon Mobil Corporation - Analysis of the Companys Progress

The The emerging market accelerated growth of its international business, which were up 4% LFL.... In its planning, the company recognized the need to create a partnership with a host well-known company in Vietnam in an attempt to sell its products in this emerging market....
9 Pages (2250 words) Assignment

International Marketing Management for Multinational Companies

The main objective of this assignment is to describe the process of expansion and segmentation of both international and domestic markets.... The explosive growth of international strategic alliances as firm's way to enter markets as well as a mode to acquire new knowledge has affected the complexity of academic research about international cooperation and knowledge sharing process, because of the existing link between international knowledge transfer, strategic alliances form and partners cross-cultural variations....
8 Pages (2000 words) Assignment

Marketing Communications Strategies and Mix

This paper, Marketing Communications Strategies and Mix, stresses that today the market is flooded with similar products produced by different companies.... This has contributed to an increase in competition for customers and the wider market scope.... nbsp;… The report will also analyze the message and image portrayed to consumers by the campaign strategies and use of media tactics that the two companies employ to market the brand of their vehicles....
30 Pages (7500 words) Case Study

International Business in the Emerging Markets

The author examines the FDI trends in Asia and Latin America since the 1970s, China's energy policy and its impact on developing countries in Africa and Asia, the drivers of globalization amid the current financial crisis, and emerging markets and free trade /WTO.... China is now the greatest energy consuming country in the world, surpassing the US based on the IEA (international Energy Agency) findings....
10 Pages (2500 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us