How emerging markets’ MNEs (EM-MNEs) may follow quite different patterns to reach, or at least approach, global competitiveness?
The emerging markets are observing significant growth in operations of the businesses. Globalization has targeted on reducing the barriers which are linked with potential growth of the economies. The MNE’s apply different patterns which contribute towards global competitiveness. This links the rich economies to the poor economies and promotes benefits which enhance the benefits of both the economies. The implementation of strategies signifies potential growth targets in the economies. Minimization of cost is significantly important for the potential growth and benefits of the economy. Market expansion and cost effectiveness is an approach on which the businesses emphasize