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Changes on Asian Markets - Challenge for European Companies
[Změny na asijských trzích - výzva pro evropské firmy]

Author

Listed:
  • Miroslava Zamykalová
  • Soňa Gullová

Abstract

If consumer businesses in Asia are to meet the chalenge, they will have to fundamentally change the way they think about strategy, operations, organization and marketing. As the world witnesses profound changes to the traditional model of global finance, some Asian countries have proven extraordinarily resilient. Global recession has forced companies and entrepreneurs to contemplate new ways of expanding trade and increase consumption in foreign markets. Asia's emerging economies are leading the world out of recession and the region's consumers are taking the baton from their counterparts in developed countries. Even the most sophisticated multinationals are ill-prepared and must change significantly to meet the challenge of the Asia's growth potential.

Suggested Citation

  • Miroslava Zamykalová & Soňa Gullová, 2013. "Changes on Asian Markets - Challenge for European Companies [Změny na asijských trzích - výzva pro evropské firmy]," Současná Evropa, Prague University of Economics and Business, vol. 2013(3), pages 147-161.
  • Handle: RePEc:prg:jnlsev:v:2013:y:2013:i:3:id:94:p:147-161
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