Challenges and Opportunities of E-Tailing in Emerging Economies

2016 ◽  
pp. 50-71 ◽  
Author(s):  
Ritu Narang ◽  
Prashant Trivedi
Keyword(s):  
Emerging Markets ◽  
Emerging Economies ◽  
Driving Forces ◽  
Developing Economies ◽  
Business Environment ◽  
Electronic Business ◽  
Emerging Nations ◽  
Challenges And Opportunities ◽  
Information And Communication ◽  
Developed Nations

The increase in penetration of internet and information and communication technology (ICT) along with change in consumer lifestyle and growing population of internet savvy consumers presents an encouraging platform for e-retailers in emerging markets. Education, technology and growing demand from middle class consumers are further driving the growth vehicle of e-tailing in these nations. There is adequate literature available for electronic business in the context of developed nations but applying that knowledge without any consideration of the unique business environment prevalent in emerging markets may spell danger for online traders. Therefore, the proposed chapter focuses on the growth of e-tailing in emerging economies. It talks about the driving forces for success of e-tailing in various developing economies. The opportunities, challenges and unique issues associated with e-tailing in emerging markets are also discussed. The chapter ends with a discussion on the future of e-tailing in emerging nations.

scholarly journals MNC CSR in Emerging Economy Conflict Zones– A Case Study of HUL's North-East Operations in India

2013 ◽  
Vol 38 (4) ◽  
pp. 69-82 ◽  
Author(s):  
Tulsi Jayakumar
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Emerging Markets ◽  
Financial Performance ◽  
Emerging Economies ◽  
Developing Economies ◽  
Sustainable Growth ◽  
Conflict Zones ◽  
Conflicting Objectives ◽  
Corporate Social

For multinational corporations (MNCs) operating in emerging markets, the fast-growing wealth represents a tremendous opportunity. At the same time, these emerging markets also present a huge challenge to the MNCs due to underdeveloped institutional environment, weak public governance, widespread bribery and corruption, and lack of regulatory legislations and rules, public transparency, and respect for human rights. MNCs are likely to view foreign direct investment (FDI) in emerging economies as a major component of their cost minimization policies. As such, corporate social responsibility (CSR) initiatives, which are used by MNCs as a key source to gain sustainable competitive advantage in developed countries may get diluted in emerging economies. Such a myopic view may enhance short-term profits, but would not ensure long-term sustainability. Most of the research on CSR has focused on the strategies of companies in the developed world. The literature on MNCs in developing economies and CSR is still embryonic. As CSR becomes increasingly important to MNCs, it is crucial to understand how MNCs' subsidiaries approach CSR in emerging markets so as to realize the challenges MNCs' subsidiaries face in aligning their CSR approach with local practices. The questions of how MNCs' subsidiaries approach CSR in emerging markets and how they adapt to local CSR practices remain largely under-explored. Another area of recent research pertains to MNC CSR in ‘conflict zones’ and their potential. Can the otherwise mutually conflicting objectives of Corporate Social Responsibility and Corporate Financial Performance be seen going hand in hand in such ‘conflict zones’ Can a cause-effect relationship be posited, especially in such conflict zones, with the success of the latter riding on a satisfactory performance of the former? This paper analyses the CSR practices followed by HUL in its unit in DoomDooma, Assam in the period 2001–2004, a period which was one of the most tumultuous periods in the history of HUL operation in India. The largest personal care products factory set up in DoomDooma to take advantage of the government's concessions to encourage the region's development, witnessed serious challenges in the form of local bandhs (closures), followed by an attack by the militant group, ULFA. Yet, the productivity contribution of the Assam factory was one of the highest and in fact was responsible for the company's top line growth. It is suggested that the financial performance was due in no small measure, to the corporate responsibility measures undertaken internally and externally by the company. The former consisted of the measures undertaken vis-a-vis the key stakeholders, viz. employees, consumers, ecosystem, and business partners while the external CR measures were with respect to the specific CSR initiatives undertaken keeping in mind the needs and expectations of the local community. Thus, the company's CR initiatives helped in sustainable growth.

scholarly journals An exposition of resource capabilities for SMEs in the emerging markets

2014 ◽  
Vol 17 (3) ◽  
pp. 310-318 ◽  
Author(s):  
Ritam Garg ◽  
Kalyan K De
Keyword(s):  
Emerging Markets ◽  
Emerging Economies ◽  
Dynamic Capabilities ◽  
Core Competency ◽  
Business Environment ◽  
Growth Potential ◽  
Future Research ◽  
Resource Based View ◽  
Competitive Edge ◽  
Conceptual Clarity

Emerging markets’ small and medium sized enterprises (SMEs), despite having enormous growth potential and significance in the economy, have not been able to harness the advantages of internationalisation and subsequently have fallen short in facing the challenges of globalised competition. The purpose of this study was to review and explore the importance of the resource capabilities, building on the literature from the resource based view (RBV), (core) competency and dynamic capabilities theory, as the main rationale behind their significance in the SME internationalisation. This study intends to provide conceptual clarity about the resource capabilities and their importance in providing the SMEs in the emerging economies, the competitive edge to sustain themselves in today’s business environment. The study concludes with an agenda for future research.

scholarly journals The Recent Challenges of Globalization and the Role of Employee Engagement – The Case of Vietnam

2015 ◽  
Vol 5 (1) ◽  
pp. 69 ◽  
Author(s):  
Eswaranathan Ehambaranathan ◽  
Ayesha Samie ◽  
Shagesheela Murugasu
Keyword(s):  
Human Resources ◽  
Employee Engagement ◽  
International Business ◽  
Emerging Economies ◽  
Business Environment ◽  
Effective Implementation ◽  
Challenges And Opportunities ◽  
Competency Based ◽  
Technical Systems

Over the recent years, changes in the human resources practice have led to a situation whereby the failure of some firms are due to the mismanagement of people rather than problems related to technical systems. Evidently, there have been also suggestions that the changes in employee engagement practices have not been corresponding with the changes that is taking place in the international business environment. As a result, organizations have achieved a relatively low level of effectiveness in implementing effective employee engagement practices. This is particularly the case in emerging economies such as Vietnam, a country exposed to challenges and opportunities of globalization. Therefore, in order to strive competitively in this period of globalization, managers must possess relevant competencies for effective implementation in the employee engagement policies and practices. Thus, this paper explores the competency-based research framework and draws implications from the employee engagement practice to prepare organizations in Vietnam for the challenges in globalization. 

scholarly journals Understanding the characteristics of the growth of SMEs in B-to-B markets in emerging economies: an organizational ecology approach

2014 ◽  
Vol 29 (4) ◽  
pp. 295-303 ◽  
Author(s):  
Patricia R. Todd ◽  
Raj G. Javalgi ◽  
David Grossman
Keyword(s):  
Emerging Markets ◽  
Emerging Economies ◽  
Resource Availability ◽  
Organizational Ecology ◽  
Business Environment ◽  
Growth Patterns ◽  
Growth Strategy ◽  
Business Practices ◽  
Content Type ◽  
India And China

Purpose – The aim of this paper is to focus on the determinants that impact the growth of SMEs in B-to-B markets in emerging economies. The objective is to apply the classic model of organizational ecology to examine the characteristics of growth patterns in the B-to-B environment for SMEs in emerging markets, specifically India and China. Application of the model can guide SMEs owners/managers in their effort to successfully expand internationally in turbulent markets characterized by competitive and technological intensity. Design/methodology/approach – An overview of the basics of the organizational ecology model is presented, followed by the description of various economic drivers of B-to-B markets in India and China. The integration of the organizational ecology model and the strategic development of methods to deal with specific challenges of entering international markets are discussed. The paper concludes with managerial implications and suggestions for future research. Findings – Businesses operating in emerging markets face many of the same roadblocks concerning efficiencies, increasing competition, and the need for capital, that are experienced by businesses throughout the world, however, they also face challenges unique to the developmental nature of the country environment. Ecological models can be used to understand the dynamics between resource utilization and growth. Practical implications – The ecology-based view evaluates the utilization of resources with a focus on how changes in resource availability impact the international growth strategy of the B-to-B firm in India and China. These two economies represent a large business environment, generally underdeveloped with regards to taking advantage of potential resource availability. Originality/value – While the significant economic contribution of SMEs is well understood, their business practices in emerging economies have not been extensively studied, especially in the B-to-B arena. The goal here is to stimulate the development of new insights for managing the complex relationships between the B-to-B SMEs, organizational ecology, and the international environment in emerging markets. This study extends the literature concerning factors that impact business success in important emerging markets such as India and China.

Knowledge Economy in India: Challenges and Opportunities

2010 ◽  
Vol 09 (03) ◽  
pp. 203-225
Author(s):  
Sonali Bhattacharya
Keyword(s):  
Low Income ◽  
Knowledge Economy ◽  
Low Cost ◽  
Assessment Model ◽  
Low Income Countries ◽  
Challenges And Opportunities ◽  
Pertinent Question ◽  
Information And Communication ◽  
The Republic ◽  
Developed Nations

India, along with some of the other middle low income countries like Brazil, Russia, China and the Republic of Korea is competing with high income developed nations like USA and Japan in the knowledge sector. India has to its advantage a big pool of knowledge workers like scientists, engineers, and researchers available at low cost. The pertinent question is whether the flow of knowledge has resulted in inclusive growth. This research paper is a critical analysis of the challenges and opportunities on the pathway to India's journey towards becoming a global leader in knowledge economy with respect to the four pillars as defined by the Knowledge Assessment Model (KAM) of the World Bank, namely, economic and institutional regime, education, information and communication technology, and innovation.

scholarly journals Contemplating the Antecedents of a Sustainable Work Life in an Emerging Economy: Lessons from Early Retirees in the ICT Sector of Pakistan

2018 ◽  
Vol 10 (12) ◽  
pp. 4734 ◽  
Author(s):  
Muhammad Hanif ◽  
Muhammad Hanif ◽  
Yunfei Shao
Keyword(s):  
Developing Economies ◽  
Multinomial Logistic Regression ◽  
Displaced Workers ◽  
Career Transitions ◽  
Involuntary Retirement ◽  
Career Trajectories ◽  
Retirement Decisions ◽  
Information And Communication ◽  
Gender And Health ◽  
Developed Nations

Sustainable careers at present are characterized by elements of both planned and unplanned career transitions traversed over the entire life course. Planned career transitions involve voluntary departure from the routine career while unplanned career displacements come in the form of involuntary retirement decisions resulting from the job-cuts imposed by organizations. Involuntarily-displaced workers are challenged with threats, such as an unwelcoming job-market, depleted skillsets and potential obsolescence which results in limited employability. For developed nations, extant research has investigated to a reasonable extent this budding avenue of post-retirement career decision making and its dependency on various micro-level socioeconomic determinants. However, the same avenue is, as yet, unexplored for developing economies. In an endeavor to fill this gap, the present research is undertaken to study different post-retirement career trajectories chosen by middle-aged and elderly workers after a job loss from the information and communication technology (ICT) sector in Pakistan. We employ the technique of multinomial logistic regression on data obtained from 295 early displaced workers (M = 217, F = 78) to compare different retirement decisions in the light of various socioeconomic factors, such as age, gender and specific measures of human, social and financial capital and risk-taking ability. Age, gender and health status are observed to be major deterrents to sustainable career participation while technical qualification helps to sustain reemployment opportunities. Our research offers notable contributions to the realm of sustainable career development by identifying the factors which influence workers’ employability for sustainable workforce participation. Managerial and theoretical implications are discussed followed by conclusions and research limitations.

scholarly journals Linkage between Stock Market Prices and Exchange Rate: A Causality Analysis for Pakistan

2004 ◽  
Vol 43 (4II) ◽  
pp. 639-649 ◽  
Author(s):  
Mohammad Farooq ◽  
Wong Wing Keung
Keyword(s):  
Stock Market ◽  
Emerging Markets ◽  
Financial Markets ◽  
Emerging Economies ◽  
Stock Markets ◽  
Developing Economies ◽  
Causality Analysis ◽  
Market Prices ◽  
Financial Architecture ◽  
Developed Markets

Globalisation and financial sector reforms in developing economies have ushered in a sea change in the financial architecture of the economies. In the contemporary scenario, the activities in the financial markets and their relationships with the real sector have assumed significant importance. Correspondingly, researches are also being conducted to understand the current working of the economic and the financial system in the new scenario. Interesting results are emerging particularly for the developing countries where the markets are experiencing new relationships which are not perceived earlier. The analysis on stock markets has come to the fore since this is the most sensitive segment of the economy. The stock markets of emerging economies have been of vital importance to the global investment community. Since emerging markets are more volatile than the well developed stock market, therefore the emerging markets tend to be unrelated to one another and with the developed markets. Numerous investors worldwide select to diversify their funds across the emerging markets.

Benchmarking organisational innovativeness types for sustainability: a study of Indian firms

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Kumar Verma Bhupendra ◽  
Shirish Sangle
Keyword(s):  
Emerging Economies ◽  
Developing Economies ◽  
Business Environment ◽  
Content Type ◽  
Negative Impacts ◽  
Definition Of ◽  
Sustainability Challenges ◽  
Practical Implications ◽  
Impacts Of Climate Change

PurposeThe paper aims to explore the attributes and systemic characteristics of organisational innovativeness types in sustainability oriented firms in India. In dynamic business environment amid sustainability challenges, benchmarking organisational innovativeness of sustainability oriented firms may pave a way for many other firms to develop suitable strategies. The paper also presents the role of innovativeness in risk-management.Design/methodology/approachA questionnaire-based survey was conducted to gather the responses from 689 managers of 60 firms operating in India and displaying traits of sustainability orientation. Generic organisational innovativeness characteristics of these firms are presented based on result of factor analysis and variances explained by respective factors. Innovativeness characteristics have been discussed in context of sustainability and environmental management.FindingsStudy provides the glimpse of variability in steps taken by firms to remain competitive in current and future markets. The paper also offers a new factor of organisational innovativeness as “risk-innovativeness” and presents its role in disruptive and sustainable innovation.Research limitations/implicationsThe study adds to existing literature by providing a measure of organisational innovativeness types and proposes a definition of “risk-innovativeness” and opens a new avenue for further exploration.Practical implicationsThe study may help organisations operating in emerging economies to benchmark and develop attributes of organisational innovativeness types considering sustainability challenges and uncertain market conditions.Social implicationsThe study may guide other firms to benchmark their current innovativeness standing and may help in developing suitable attributes leading to combat negative impacts of climate change by developing sustainable innovations.Originality/valueThere are no existing studies which offer organisational innovativeness types of sustainability oriented firms, especially in emerging and developing economies context.

Challenges Posed by Information and Communication Technologies (ICT) for South African Higher Education Institutions

10.28945/2679 ◽  
2003 ◽  
Author(s):  
ME Herselman ◽  
HR Hay
Keyword(s):  
Higher Education ◽  
South Africa ◽  
Information And Communication Technologies ◽  
Teaching And Learning ◽  
Driving Forces ◽  
Higher Education Institutions ◽  
Communication Technologies ◽  
Revolutionary Change ◽  
Information And Communication ◽  
Teaching Learning

Information and Communication Technologies (ICT) are the major driving forces of globalised and knowledge-based societies of a new world era. They will have a profound impact on teaching and learning for two decades to come. The revolutionary change which is taking place in Information and Communication Technologies (ICTs), has dramatic effects on the way universities carry out their functions of teaching, learning and research, particularly on the creation, dissemination and application of knowledge. These developments pose unprecedented challenges to higher education institutions (HEIs) in developing countries particular in South Africa as South Africa is viewed as the leading country on the continent.

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