By Robert Grosse, Luiz F. Mesquita
In lots of discussions of globalization and development, realization makes a speciality of Asia, significantly China, South Korea, and India. against this, 'Can Latin American agencies Compete?' seems to be at company advancements in one other key area, Latin the United States. It examines the good fortune and failure that Latin American organizations have met with, of their personal markets and in other places on this planet, the explanations at the back of this, and their destiny clients. together with contributions from prime overseas specialists on company in Latin American, the ebook attracts on suggestions from association thought, business association, economics, advertising and marketing, sociology, and political technological know-how. It comprises sections on common subject matters, micro-level concepts of businesses in particular sectors, the competitiveness of organizations in particular nations, and competing in rising markets. circumstances tested vary size-wise and quarter, and contain a few of the greatest agencies in Latin the US, resembling as Embraer in Brazil, QuiГ±enco (Luksic) in Chile, Techint in Argentina, Grupo Carso in Mexico, Cisneros in Venezuela, and Grupo Empresarial AntioqueГ±o in Colombia. This well-informed e-book could be crucial examining for lecturers, policy-makers, and people with a significant curiosity in enterprise improvement in Latin the United States.
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Extra info for Can Latin American Firms Compete?
E. 2) With a population of more than 550 million people, Latin America and the Caribbean as a region is larger than the United States and Canada, and also larger than the European Union. In terms of GDP, the region had combined income of approximately two trillion dollars in 2004. This is approximately onesixth of the size of the US economy or the European Union economy. This comparison of productive size might imply that Latin America should have about 1/6 as many companies on the global list of large ﬁrms in comparison with the United States or the European Union.
Brasil Brasil Brasil MNE MNE grupo grupo grupo grupo MNE grupo grupo grupo grupo grupo MNE SOE MNE grupo MNE MNE MNE MNE MNE MNE grupo SOE grupo grupo grupo MNE Telecom Oil Construction Telecom Conglom. Oil Autos Telecom Telecom Conglom. Conglom. Agriculture Autos Oil Autos Conglom. 2 Source: America Economia (July 15, 2005), p. 84. These ﬁrms include: r r r Eleven state-owned enterprises (SOE), mainly oil companies Fifteen foreign multinational ﬁrms (MNE), based mostly in the United States Twenty-four grupos económicos, locally based ﬁrms with typically one or two controlling shareholders.
Both ﬁrms also showed managerial diversity at the top level. This feature helped the companies to bring new ideas and achieve cognitive diversity. Finally, both ﬁrms scanned the environment frequently, therefore, they were able to anticipate industry changes and take advantage of new opportunities. That is, they looked further into the value chain of their industries for new opportunities upstream and downstream and in related businesses. These ﬁve organizational characteristics appeared to be signiﬁcant factors underlying the superior ﬂexibility of Sidus and AGD relative to competitors.