Many BRIC local firms are:
A)Focused only on competing globally.
B)Growing their absolute GDP but failing to increase their percentage of world GDP.
C) Inadequate in mounting any competitive threat to Triad-based MNEs.
D) Effectively competing at home.

Question

Quizplus · Accepted Answer

Local firms in the BRIC countries (Brazil, Russia, India, China) are effectively competing at home, with many of them growing rapidly and gaining market share within their respective domestic markets. However, they may still face challenges in competing globally and increasing their percentage of world GDP.

Many BRIC Local Firms Are