Global business opportunities

Emerging markets are the platform use by MNEs to do business and this report is on some of the challenges they face. It also focuses on some of the opportunities MNEs have in the market. The high demand for quality products and services and enormous customers are some of the great opportunities MNEs have. However much there are opportunities for the MNEs in Ems, they face variety of complex challenges whether operating locally or globally. Challenges for the MNEs could be those within the company, those that arise in the host country and those that face them from a global perspective. In simple terms, these challenges include may include political risks, globalization, exchange rates, foreign policies on businesses, communication and cultural differences, the MNEs being forced to

This working paper seeks to integrate the role of entrepreneurship and firms into debates on why the Rest was slow to catch up with the West following the Industrial Revolution and the advent of modern economic growth. It was been suggested that poor human capital development and deficient institutions are important, but not sufficient, explanations. The emphasis on national-level institutions seems particularly unhelpful given strong regional variations in business activities between countries. The impact of institutions on the allocation of entrepreneurship between productive and redistributive activities takes the analysis to a deeper level, without entirely solving the problem, as the slow development of modern business in colonial countries, and its skewed ownership, indicates.

The term multinational has meant the expansion of American firms around the globe. During the 1970s and 1980s “Third World multinationals” were identified and characterized by a number of authors. However, their foundations have changed over time under the competitive advantage strategy of the global economy era. Profound economic changes in emerging economies during the 1990s resulted in a more competitive environment that forced large firms to develop new strategies, build new capabilities and move into more global competitive markets. Newer emerging multinationals enterprises (MNEs) from emerging economies are in the process of transforming the global foreign direct investment (FDI).