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Timothy Clewette
Critique for Article #1 Student list:
Enter The Multilatinas
Please list 7-statements from the Business Week Article
1. developing companies in rapidly developing Latin Ameri kindle economies remember competition for the U.S., and even for China and India
2. U.S., Western European, and Japanese companies argon now facing serious competition of their own. Its coming not only from Western businesses that confirm adjusted to the realities of globality, but in any case from a second and third wave of challengers -- umpteen of them from Latin America. We call them Multilatinas.
3. What is happening in Latin America is a combination of economic reform, advances in technology, improved education, comparatively low-spirited costs, abundant natural resources, and increased management sophistication. Combine these factors, and you have a sure-fire formula for economies that breed winners.
4. U.S.
companies also can use Latin America as a low-cost, near manufacturing platform that can produce goods for Latin Americas rapidly expanding centre of attention class, capturing tens of millions of new customers. The potential is huge; with Latin Americas total macrocosm nearly double that of the U.S.
5. Like multinational corporations from other regions, many Multilatinas have expanded overseas through and through mergers and acquisitions, consummating virtually 312 deals from January 1998 through September 2008.
6. While the Multilatinas will create additional headaches for some managers, theyll create opportunity for others.
7. Companies with available cash should seize the meaning and consider entering new markets, introducing new products for the Latin market, and make full voids in their portfolios through...If you want to get a full essay, clubhouse it on our website: Ordercustompaper.com
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