This paper discussed at length the various factors that contribute to the emergence of various management issues that act as a hindrance to the growth of the emerging markets, which are characterized by the unique features each one of them have. The factors responsible can be classified into internal factors over which the business managers have better control.By careful maneuvering of the factors that are responsible to create those management issues the business managers might be able to monitor and mitigate those issues. The internal factors include the economic and political conditions prevailing in the host country where the business is expected to be set up.
Similarly the economic and other conditions of the parent country also influence the management issues relating to conduct the business in the emerging economy.The quality and level of operations in the host country is determined by the level of experience and expertise the expatriate managers hold. Also the issues with respect to the expatriation of the spouse and children of the expatriate manager and the compensation payable to the expatriates also influence the working of the business enterprises in the emerging economy.Apart from the financial issues concerning the currency control and varying conditions of the stocks and other securities also create business considerations for the managers in the developing countries to decide and act upon, there are the rules and regulations that the governments of the emerging economies promulgate to control and monitor the foreign enterprises have their own impact on the running of the business in the emerging economies.
As the paper detailed the non-availability or lack of quality infrastructural facilities do have their influence on the business prospects of the foreign companies operating in the developing economies. The standards of the available information and communication technology measures including the technical constraints of the technology will influence the success of the business firms to a great extent by creating various business issues to be tackled by the management.The level and methods of communication and the ways in which the technical knowledge can be shared give ample scope for a balance growth of the firm by addressing the issues of management relating to innovation in production techniques. It is also found that the external factors like cultural values, religious issues and language also play a dominant role in the efficient management of the business undertakings. If these factors are not considered the management may be put to lot of hardships in the day to day administration of the business.
By undertaking an empirical study in the emerging economy of China the paper reports that the influence of the governmental regulations has a major role to create a number of issues concerning the management of the business enterprises in the country. The study also proved that the ethical standards of Chinese businessmen are considered to be high and other attributes like levels of the information and communication technology and the efficiency of the banking system also determine the effectiveness of a business environment.
