“BRIC ”
BY:APRAJITA SHARMA
HISTORY
•
Came into existence in the year 2001 as “BRIC NATIONS”. Entry Of “South Africa”. The group was renamed BRICS – with the "S" standing for South Africa. Today these countries taken together would account for around 40 % of World Population & 25 % of Global Land.
•
?
BRIC-”EMERGING ECONOMIES”
?
New markets. Globalization. Natural Resources. Trade. Financial Contributions.
?
?
?
?
“INFLATION”
“In India (60%) and Brazil (44%) especially prices are expected to climb.” - IBR INDIA
•
BRAZIL
CHINA
RUSSIA The rate will above 6%.
•
Interest rates•Inflation •Inflation has raised 13 remains at peaked at times in 19 6.6% (4.5 6.4% months. %)
“FINANCE”
BRIC G7
•
Working 33% capital Long -term 32% finance
19% 30%
?
35% of BRIC businesses say they support the US dollar as the global reserve currency. Full support is strongest in Brazil and India. Weakest in China and Russia
?
“EMPLOYMENT”
•
In 2011 45% of businesses increased staff levels (further 41% in 2012). 22% of business leaders in the G7 boosted staff levels (26% expect to do so in 2012). Businesses in the BRIC economies are faced with a shortage of skilled workers.
•
•
MARKET “OPPORTUNITIES & CHALLENGES”
OPPORTUNITIES
•
CHALLENGES
•
•
•
• •
Increased foreign direct investments. Huge investments in infrastructure. Technology up gradations. Increased Employment. Leading Economy.
Natural disasters. Weak infrastructure. Corruption. Inflationary Pressure.
•
•
•
“CRITICISM”
?
BRIC projections are based on the assumptions that resources are limitless and endlessly available. China is in a league of its own compared to the other BRIC countries. India's relations with its neighbor Pakistan. Human rights and democracy. Issue of population growth.
?
?
?
?
“CULTURE & WORK STYLES IN BRIC COUNTRIES”
“BRAZIL”
? ?
Brazil’s culture is a friendly. Conversations are lively. WORK ENVIRONMENT
?
?
Modern companies are using lower height walls to promote interaction. Organizations are expected to provide transportation and meal.
CONT..
“ RUSSIA”
? ?
Business leaders are now making their own decisions. Being too independent is considered as negative. WORK ENVIRONMENT
? ? ?
Managers prefer to sit in private offices. First impressions and image are important. Russians consider the workplace to be their second home.
CONT..
“INDIA”
?
?
Indian organizations tends to be more “people-driven” than “process-driven”. Loyalty & Friendship is important. WORK ENVIRONMENT
?
?
The typical workstation in India generally consists of a work surface & partitions. Some companies are using a combination of open & closed area
CONT..
“CHINA”
? ?
The group is much more important than the individual. Those in superior positions have authority over those below them. “WORK ENVIRONMENT”
? ?
Employees expect & respect a strong leader. Trust are important in the workplace.
THANK-YOU
doc_512433598.ppt
BY:APRAJITA SHARMA
HISTORY
•
Came into existence in the year 2001 as “BRIC NATIONS”. Entry Of “South Africa”. The group was renamed BRICS – with the "S" standing for South Africa. Today these countries taken together would account for around 40 % of World Population & 25 % of Global Land.
•
?
BRIC-”EMERGING ECONOMIES”
?
New markets. Globalization. Natural Resources. Trade. Financial Contributions.
?
?
?
?
“INFLATION”
“In India (60%) and Brazil (44%) especially prices are expected to climb.” - IBR INDIA
•
BRAZIL
CHINA
RUSSIA The rate will above 6%.
•
Interest rates•Inflation •Inflation has raised 13 remains at peaked at times in 19 6.6% (4.5 6.4% months. %)
“FINANCE”
BRIC G7
•
Working 33% capital Long -term 32% finance
19% 30%
?
35% of BRIC businesses say they support the US dollar as the global reserve currency. Full support is strongest in Brazil and India. Weakest in China and Russia
?
“EMPLOYMENT”
•
In 2011 45% of businesses increased staff levels (further 41% in 2012). 22% of business leaders in the G7 boosted staff levels (26% expect to do so in 2012). Businesses in the BRIC economies are faced with a shortage of skilled workers.
•
•
MARKET “OPPORTUNITIES & CHALLENGES”
OPPORTUNITIES
•
CHALLENGES
•
•
•
• •
Increased foreign direct investments. Huge investments in infrastructure. Technology up gradations. Increased Employment. Leading Economy.
Natural disasters. Weak infrastructure. Corruption. Inflationary Pressure.
•
•
•
“CRITICISM”
?
BRIC projections are based on the assumptions that resources are limitless and endlessly available. China is in a league of its own compared to the other BRIC countries. India's relations with its neighbor Pakistan. Human rights and democracy. Issue of population growth.
?
?
?
?
“CULTURE & WORK STYLES IN BRIC COUNTRIES”
“BRAZIL”
? ?
Brazil’s culture is a friendly. Conversations are lively. WORK ENVIRONMENT
?
?
Modern companies are using lower height walls to promote interaction. Organizations are expected to provide transportation and meal.
CONT..
“ RUSSIA”
? ?
Business leaders are now making their own decisions. Being too independent is considered as negative. WORK ENVIRONMENT
? ? ?
Managers prefer to sit in private offices. First impressions and image are important. Russians consider the workplace to be their second home.
CONT..
“INDIA”
?
?
Indian organizations tends to be more “people-driven” than “process-driven”. Loyalty & Friendship is important. WORK ENVIRONMENT
?
?
The typical workstation in India generally consists of a work surface & partitions. Some companies are using a combination of open & closed area
CONT..
“CHINA”
? ?
The group is much more important than the individual. Those in superior positions have authority over those below them. “WORK ENVIRONMENT”
? ?
Employees expect & respect a strong leader. Trust are important in the workplace.
THANK-YOU
doc_512433598.ppt