Some emerging-market companies have gained competitive advantage by exploiting their knowledge about local factors of production – the markets for talent and capital – thereby, serving customers both at home and abroad in a cost-effective manner.
Consider Indian information technology majors such as Tata Consultancy Services, Infosys Technologies, Wipro & Satyam Computer Services, all of which have excelled in recent years at catering to the global demand for soft ware and services. This is partly because India’s education system produces many engineers and technical graduates; local companies hire these people at salaries much lower than those that engineers in developed markets earn.
For complete IIPM article click here
Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
Consider Indian information technology majors such as Tata Consultancy Services, Infosys Technologies, Wipro & Satyam Computer Services, all of which have excelled in recent years at catering to the global demand for soft ware and services. This is partly because India’s education system produces many engineers and technical graduates; local companies hire these people at salaries much lower than those that engineers in developed markets earn.
For complete IIPM article click here
Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
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