Question

1. The term "emerging markets" replaced the term A) developed countries . B) developing countries C) Triad markets D) first-world markets 2. Which of the following factors increasingly encourages MNEs to install a geographic division structure? -A) growth of emerging markets B) diversification of products C) rise of social networking D) global recession 3. If a market is characterized as being physically large, has significant population, is a regional economic driver, and has undertaken significant programs of economic reform, the market is classified as a(n): A) cottage industry market. B) less developed market. C) entrepreneurial market. D) agrarian market. -E) big emerging market. 4. Which of the following countries would be characterized an emerging market? -A) Brazil B) USA C) Germany D) Japan 5. Big emerging markets (BEMs) share a number of important traits. All of the following would be among those traits EXCEPT: A) they principally export labor and raw resources. B) they are all physically large. C) they have significant populations. D) they are "regional economic drivers." E) they are of major political importance within their regions. 6. According to your understanding, which of the following countries may not be included as a BEM (big emerging country)? A) Mexico B) China C) Turkey D) Vietnam - E) Qatar

Answer 1

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The first one is done for you.

The correct answer is option B)

Earlier the term used was developing countries which has now been replaced by the term emerging markets.

Emerging market has the characteristics which are shown by the developed markets, but these features are not yet fully developed as per the standards. Same is the case with developing countries. Hence these terms are often used in place of each other.