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Emerging markets

Many consultants are advising diversified companies in emerging markets such as India, South Korea, Mexico, and Turkey to adopt corporate strategies proven to be of value in advanced economies like the U.S. and the U.K. What are the pros and cons of this advice?

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Pros:

1. Corporate strategies used in advanced countries have been proven to work and therefore are more likely to work in emerging markets
2. It would be easier for management of multinational companies to manage the affairs of the company ...

Solution Summary

Many consultants are advising diversified companies in emerging markets such as India, South Korea, Mexico, and Turkey to adopt corporate strategies proven to be of value in advanced economies like the U.S. and the U.K. What are the pros and cons of this advice?

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