Question

Discuss the impact of the rise of emerging-market countries on the strategic planning of firms around the world.

Answer 1

Strategic planning always helps in making a firm successful and this success will eventually fall on the global economy. When such firms with strategic planning helps in rise of a country's market in the global economy it will be a good change tot he economy because it creates a motivation to other countries and gives tough competition to the existing countries. This competition is very important for the balance of world economy and hence this rise will have huge impact on the markets. With strategic planning new techniques and methods are introduces to the world and this helps other countries in developing . Hence the impact is positive and is very necessary .