What Are the Seven Factors That Explain the Resilience of Emerging

question 3

Essay

What are the seven factors that explain the resilience of emerging market economies (EMEs) during the recent global financial and economic crisis?

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Definitions:

Differentiation

The process or strategy of making a product, service, or brand stand out as unique from competitors, often through design, features, or quality.

Organic Structures

An organizational form that is flat, uses low levels of formalization, and fosters the sharing of knowledge and power across levels, promoting flexibility and quick response to changes.

Span of Control

The number of subordinates that a manager or leader can efficiently manage and oversee.

Centralisation

Centralisation is the concentration of authority for most decisions at the top level of an organisation.