This topic contains a solution. Click here to go to the answer

Author Question: In a short essay, describe the four reasons why per-capita income is not always the best indicator ... (Read 129 times)

TVarnum

  • Hero Member
  • *****
  • Posts: 548
In a short essay, describe the four reasons why per-capita income is not always the best indicator of an emerging market's potential.
 
  What will be an ideal response?

Question 2

In a short essay, describe the risks and challenges of doing business in emerging markets. What strategies help firms enter emerging markets successfully?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vish98

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

a. Numbers must be adjusted to account for the existence of an informal economyeconomic transactions that are not officially recorded and therefore left out of government calculations of a nation's GDP.
b. The great majority of the population is on the low end of the income scale in emerging markets (and developing economies). The mean or average does not accurately reflect a non-normal distribution; often, the median income would reveal a better picture of purchasing power.
c. Household income is several times larger than per-capita income because of multiple wage earners in these countries.
d. Governments in these countries may underreport national income so they can qualify for low-interest loans and grants from international aid agencies and development banks.

Answer to Question 2

This is great. Thanks




TVarnum

  • Member
  • Posts: 548
Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review


tanna.moeller

  • Member
  • Posts: 328
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

For a complete list of videos, visit our video library