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

The BRICS Nations in International Business - Research Paper Example

Comments (0) Cite this document
This paper will discuss the economies of BRICS countries in detail as well as the factors that have propelled their growth to international recognition while describing the forces, both internal and external, that influenced organizational success in these countries…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.4% of users find it useful
The BRICS Nations in International Business
Read TextPreview

Extract of sample "The BRICS Nations in International Business"

Download file to see previous pages The paper tells that the emergence and importance of the BRICS in international business is a reality that for years had been underestimated. The BRICS nations have important roles to play in international business as players and partners. It is, however, paramount that we first understand the term BRICS, before we can give a detailed description of each country’s economy. The word BRICS is an acronym for the world’s largest and strongest emerging economies. These countries are Brazil, Russia, India, China, and South Africa. They are now considered as significant as other global players are and have consequently shifted economic status, from developing to emerging economies. This is because of the rapid and exponential growth that is witnessed in these economies, with statistics indicating that their contribution to the growth of the world’s Gross Domestic Product (GDP) being very significant. In the past decade, the BRICS contributed to more than half of the world’s growth in GDP. The population of these economies has also been singled out as a unique feature. These economies alone constitute half, or a little under half, of the world’s population. Analysts have however pointed to the fact that these economies rarely have anything in common. Their demographic compositions, governance styles, and type of economies, are all different. They may have one or two similarities in their economies but have very little in common. This is the beauty that has been associated with these economies, that despite having very little to share, they each have independently affected global business in ways that are not only noticeable but also strongly profound and significant. These impacts to international business include increased trade levels, increased funding of development or development financing, and donor funding, earlier only a preserve of the western countries. Having looked at the economies forming the BRICS in general, let us now examine them individually. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“The BRICS Nations in International Business Research Paper”, n.d.)
Retrieved from
(The BRICS Nations in International Business Research Paper)
“The BRICS Nations in International Business Research Paper”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The BRICS Nations in International Business

The United Nations and international order

...? The United Nations and International Order Introduction In September 2000, government and leaders met at the UN’s Headquarters in New York and reaffirmed in a UN Millennium Declaration that they were confident that the UN and its corresponding Charter were significant instruments for achieving a “more peaceful, prosperous and just world”.1 Undoubtedly, since the formation of the UN following the Second World War, the world has avoided a subsequent World War, yet, interstate conflict and atrocities committed against populations that continued up the UN’s Millennium Declaration and the events that follow, including the US war on Iraq and more recently genocide in the Sudan have raised doubts about the UN’s significance in maintaining...
14 Pages(3500 words)Essay


...? BRICS Table of Contents Table of Contents 2 Step 4: Drilling Down 3 Step 5: Targeting Your Potential Partner or Acquisition 8 Step 6: Assessing thee-Business Environment 10 References 16 Step 4: Drilling Down Automotive industry in Russia, one of the BRICS nations has been chosen for discussion in this research study. General Motors has been selected as the global company and this research study would mainly deal with suggesting an international expansion marketing strategy of General Motors into the automotive industry of Russia. The products that would be offered in the Russian market are the luxury hybrid and alternate energy vehicles manufactured by General Motors. In order to identify the potential buyers in the automotive industry...
10 Pages(2500 words)Research Paper

United Nations and International Human Rights

...?United Nations and International Human Rights Introduction The United Nations is the governing ity for international affairs. It is the body which ensures that international relations between nations and between the citizens of the world are protected and managed. The United Nations has various governing bodies and arms which cover a variety of political concerns in the international scene. One of these concerns is international human rights. Securing international human rights is an essential responsibility of the United Nations, one which requires their legislative authority as well as their executive and adjudicatory powers. The protection of these rights by the UN however has been criticized as inadequate and inefficient, especially...
15 Pages(3750 words)Essay

United Nations And International Law

...United Nations And International Law Introduction The United Nation (UN) was founded as the successor of the League of Nations that had failed to instill peace amongst its member states and this led to the Second World War. The international organization was formally founded on January 1st, 1942, in Washington by 26 member countries which were at war with the Axis and China, United States, Soviet Union, and Great Britain serving as permanent security members- a policing role -to ensure that an occurrence of war does not inflict the world. In June 1945, San Francisco, delegates of fifty States met to officially conclude the Charter of the United Nations where they successfully formed the General Assembly with 5 nations as part...
12 Pages(3000 words)Essay

International studiesGrowth Development of Nations

...Vedanta Kumar International Studies 09 September Globalization - Diverse Impact on the Nations Globalization has brought the whole world into asingle sphere or atmosphere wherein the world, especially the economic world, has seen great transformation from single nation company to multinational company. Tina Rosenberg's 'Free Trade Fix' is critical review of the diversified impacts of globalization on developed, developing and underdeveloped countries. According to Ellwood, the expansion of trade in goods and services between countries is believed to be the key to a more equal, peaceful and less parochial world and that the free market is the engine of human progress (10). This is evident as big companies have established their base...
2 Pages(500 words)Essay

United Nations and International Peace

...The Powers of the UN to Tackle a Breach of the International Peace Introduction International peace and solidarity among all countries in the world assume great importance now-a-days especially in the context of increased conflicts and disputes on a wide range of issues. Countries differ in their opinion and approach on various international issues- social, economical and/or ecological- that make them opposing ones to their counterparts dealing with the same issue. When a dispute exists between countries on a certain issue, they themselves can come to an agreement among them or seek the advice of some international agencies such as United Nations (UN). International peace is a prerequisite to any country's progress and prosperity...
4 Pages(1000 words)Essay

United Nations, focused on international law

...United Nations At the end of World War II, fifty-one countries committed to preserving peace through international cooperation and collective security established the United Nations on 24th October 1945. Today, nearly every nation in the world belongs to the UN and its membership totals 191 countries. Each member country has to obligate to all the requirements of the UN charter. This charter is an international treaty designed to protect future generations from the scourge and curse of war and written to affirm fundamental human rights. The purposes of the United Nations, as set forth in the Charter, are to maintain international peace and security; to develop friendly relations among nations; to cooperate in solving international economic...
4 Pages(1000 words)Essay

The Second Tier in the Developing World

...BRICS QUESTION 6 One of the great accomplishments of the globalization process that began to speed up in the 1990s is the development a number of second tier, successful economies in the developing world. These are generally called the BRIC countries—Brazil, Russia, India, and China. These countries all have extremely dynamic and prosperous economies and each is rapidly increasing in importance. They are especially worthy of study of study in a changing world. But an important question that economists must ask themselves is how to compare such diverse cultures and economies? Measuring success in these countries is a matter of some debate. There are people out there who believe that the best predictors and methods of measuring quality...
1 Pages(250 words)Essay

The Policy BRICs in Business and Economics

The reason that matters underneath is the economic power shift from the leading western countries to the emerging eastern countries. The BRIC received its name from Goldman chief Jim O’Neil in 2001 and since then it has continuously been in the bull’s-eye category of economists in predicting future changes and suggesting remedies to the suffering economies. Most economists and analysts have already stated that by 2050, the BRIC economy especially China is going to be the biggest economy in the world (Economy Watch. 2010).

This makes the reason for the UK economy to consider the growth of BRIC economies and rethink its future perspective to face this global challenge. To work as a fuel to the matter, the GDP...
10 Pages(2500 words)Research Paper


... Task 3: Historical Challenges of UN Peacekeeping in Africa Since its formation in 1945, United Nation has been involved in multiple roles ranging from maintenance of peace, environmental concern, and protection of human rights from state abuse. Arguably, the most intense role that has been clearly labeled includes conflict resolution and peacekeeping. Following increased East-West dialogue, the role of UN has been stepped up, and duties and responsibilities continue to expand. After World War Two, the United Nations was seen as the new world organization that would stamp its authority in protecting nations from verge of wars. Its formation was with an aim of with promoting dignity and good international relations, uphold good...
12 Pages(3000 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.

Let us find you another Research Paper on topic The BRICS Nations in International Business for FREE!

Contact Us