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Join the world recognized MBBS program in Ukraine.

You can now earn your MBBS degree at an expense less than 30% by doing it in one of the most reputed universities in Ukraine with world class accreditation.
50% Aggregate In Physics, Chemistry & Biology
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World Class Standards
Medical University Listed With International Medical Education Directory (IMED).
Karabuts
Logovenko Street,
Mykolayiv
Ukraine - 16600
+380930484422
Website: http://www.karabuts.com
Email: info@karabuts.com

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Hi,

Join the world recognized MBBS program in Ukraine.

You can now earn your MBBS degree at an expense less than 30% by doing it in one of the most reputed universities in Ukraine with world class accreditation.

50% Aggregate In Physics, Chemistry & Biology

30% Cheaper

World Class Standards

Medical University Listed With International Medical Education Directory (IMED).

Karabuts
Logovenko Street,
Mykolayiv
Ukraine - 16600
+380930484422
Website: http://www.karabuts.com
Email: info@karabuts.com

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Sourcing strategies heavily depend on the expectations of the end-consumer. As they demand higher levels of product variety and short lead times, sourcing from geographically distant places can be a strategic suicide. Recognizing this, there is a discussion in some industry circles that, if and when mass customization (MC) gains ground, outsourcing will be less attractive. So, MC is perceived as a strategy to keep domestic manufacturing bases alive. European shoe industry and the US furniture industry are examples. I would be curious to hear from industry folks whether and to what extent this applies to their business. Cheers, Aydin

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We cannot forget that selling to emerging markets should include products, services, and products+services. At the same time, we need to be aware that certain services can displace the employment opportunities for citizens in emerging markets.

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UT has courses on emerging markets.
The role of students from emerging countries.
Field course: travel to different countries.
Multi-media material to use in such courses: typical Indian shopping mall, Japanese grocery market.
Read about your own culture!

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Practice:

Japan's experience: used to be an emerging market. P&G announced price following its US practice, while local companies liked to transact "in private". They turned out to be successful.

Price is important. What else?
--Cell phone in Inida. People have much more expensive phones.  Use behavior is different. Need to understand it!
-- Store layout: grocery shopping, malls.

Adapt to cultural differences: Being students of history helps.

What is culture? Is corruption a culture? It may change in short period of time. Culture is not an excuse for inefficiecy.

Process innovation can be driven by local norms. On the other hand, technology can prove to be great solutions to developing regions. E.g. IDC (who benefits, who do not?)

Partnership: long-term relationship in Japanese culture. They tend to move slowly, relative to Chinese counter-parts.

Motivation/incentive of host government has a large impact. Therefore we need to gain a true understanding of this.

Infrastructure: ethonal. Brazil is far ahead of us. While US is lagging behind.

First mover vs. second mover advantage when going to an emerging market.

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Re-learn the “old” practices, then think about how to apply them in “new” settings. Discuss in context of different cultures (consider diversity). Looking for team players, leadership potential, presentation skills. Analytical skills are important! Understanding of culture.

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First question related to sourcing strategy and supplier selection. Do you contract with a “Li and Fung” to provide a finished product, or manage all the various suppliers yourself as an integrator such as Boeing might do, or go with a fully integrated supplier such as Foxconn. Thoughts: Pay attention to characteristics of the product: Boeing has the integration skills and needs to maintain overall control, whereas if it’s a commodity you don’t have the expertise and you can always go elsewhere if you don’t do it.

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Investing in ports or other country entry capabilities get a lot of press and investment. We cannot neglect the fact that getting products into an emerging country is just a first step. We need to better understand how to get the products from the port of entry to the user. Are there "best practices" in contexts where internal infrastructure is under-developed? Will camels, bicycles, always work?

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