MEET THE BRICS

Carolina Granada Ana María Gutiérrez

WHAT INDICATORS MIGHT COMPANIES MONITOR TO GUIDE THEIR

INVESTMENTS AND ACTIONS? Companies should monitor the political, legal and

culturals factors; more over managers should assess economic environments and forecast market trends to make better investments choices, operating decisions and strategies.

China and India will be the principal global suppliers of manufactured goods and services, while Rusia and Brasil will become the principal suppliers of raw materials.

Managers have to use indicators to asses an economic environment incluiding growth rates income distribution, inflation, unemployment, wages, productivity, debt.

WHAT ARE THE IMPLICATIONS OF THE EMERGENCE OF THE BRICS FORMA CARRER

AND COMPANIES IN YOUR COUNTRY?

The emergence of BRICS in our country can have both advantages and disadvantages, as creating new opportunities for negotiation, and therefore more products with better balance between price and quality due to competition. But the domestic industry would be the most affected by the monopoly could bring BRICS because of the high demand for imported products

DO YOU THINK RECENCY BIAS HAS LED TO OVERESTIMATING THE POTENTIAL OF THE BRICS? HOW WOULD YOU AS MANAGER FOR A COMPANY ASSESING THESE MARKETS, TRY TO THIS BIAS?

I would have to involve many capacities like detect strategics, opportunities and needs in each market; learn what does the world are looking for and the objectives of the market to give solutions.

HOW MIGHT MANAGERS INTERPRET THE POTENTIAL FOR THEIR PRODUCT IN A MARKET THAT IS IN THE ABSOLUTE LARGE BUT

ON A PER CAPITA BASIS CHARACTERIZED BY MANY POOR CONSUMERS?

4. In Emerging Markets, Growth Tends to be MAINLY due to The Middle Class Which purchasing power with this account and the ratio of low prices and excellent quality They found in different products, this is reflected in the CONSUMER and Request Products and Services.

Countries That feature Problem on the Distribution of Income, try to Gradually Improve in being a major factor in the potential Consumers Increase In The BRIC economies.

IN THE EVENT THAT THE BRICS FAIL TO MEET PROJECTED PERFORMANCE, WHAT WOULD YOU BE SOME OF THE IMPLICATIONS FORMA INTERNATIONAL BUSINESS?

5. The economy of each country will close to reach the mature mode.

Real state prices continuosly declined. Money supply and loan supply growth rate

continued to fall.

COMPARE AND CONTRASTE THE MERITS OF GNI PER CAPITAL VERSUS IDEA OF PURCHASING POWER PARITY,HUMAN DEVELOPMENT, AND

GREEN ECONOMIACS AS INDICATORS OF ECONOMIC POTENCIAL IN BRICS

6. Gross National Income (GNI)represents the market value of all final goods and services newly produced in an economy by a country domestically -owned firms in a given year divided by its population.

Purchasing power parity: Represents the number of units of a country currency required to buy the same amount of goods and services in the domestic market.