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23 December, 07:42

Many BRIC local firms are: a. Effectively competing at home. b. Launching offensives abroad. c. Creating serious ramifications for Triad-based MNEs. d. BRIC local firms have yet to become significant globally.

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  1. 23 December, 10:49
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    Local Firms of BRIC are all of the given option, that is, effectively competing at home, launching offensives abroad, creating serious ramifications for Triad based MNEs, BRIC local firms have yet to become significant globally.

    Correct Answer : Option A, option B, option C and Option D.

    Explanation:

    the BRIC local firms are the face of competitor in international markets and is believed to become dominant goods supplier in the future as per beliefs of Economists.

    Local Firms are thereby competing effectively at local land that constitute, Brazil, Russia, Indian and China, abbreviated as BRIC. triad based MNEs are ramified and they are launching offensives at international markets. though the local firms of Brazil, Russia, India and China, collectively representing as BRIC firm in their local land do not signify themselves at global platform.
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