solved: Firms’ strategies in emerging economies and constraints to sustain…

  

Firms’ strategies in emerging economies and constraints to sustain…Firms’ strategies in emerging economies and constraints to sustain thecompetitive advantage.The firm’s competitive advantage is determined by the conditions of theenvironment in their market of origin. Economies and markets are differentiatedby their potential to grow based on the technological resources and sophisticationof the demand. In this essay, students will argue if firms in emerging economiesstruggle to compete compared to their counterparts in developed economies. Thestudents should identify the limitations and advantages that firms in emergingeconomies face with international competition in domestic markets. Finally,students will be asked to provide evidence of how firms in emerging economiescompete and their options to overcome their limitations and  a competitiveadvantage. Students will answer the following question:What strategic options do firms in emerging economies have to sustain theircompetitive advantage?Main discussions from the lectures include: Determinants of competitiveness,Industry structure analysis (e.g., five forces), the resource-based view,capabilities, and strategic options.1. Identify the primary literature to support your discussion.2. Analyse the literature and identify the main concepts and claims in yourdiscussion3. Identify the frameworks that will help you analyse the problem and provide asolution in a specific context.4. Identify a suitable context (firm, industry, economy) and situations to analyse theproblem and the solutions accurately. The student should be consistent in theirexamples5. Define the structure of the discussion  BusinessManagementProject Management STRATEGY 101