EMERGING MARKETS

W​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​hat are emerging markets? Outline three key features of emerging markets and discuss the implica​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​tions of each feature for multinationals operating in emerging markets. Illustrate with examples​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​.