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BRIC (Russia) (Issues (Risks (Political instability, sanctions, Political…
BRIC (Russia)
Issues
Risks
Political instability, sanctions
Political instability, state control
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PR backlash beyond offshoring (hostile nation), find polls
Challenges
Ethics differences (Beekun et al., 2003)
Management differences (Elenkov, 1998) (see prior post about this)
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Opportunities
Uncoupled markets (Singh & Singh, 2016; Swamy & Narayanamurthy, 2018))
Dwindling benefit (Singh & Singh, 2017; Hammoudeh et. al, 2016)
Russia has best economy of BRIC (Anikin & Tikhonova, 2016)
Workforce
High employer power (Anikin & Tikhonova, 2016)
Low employee wages (Anikin & Tikhonova, 2016; Fey et al., 1999)
well-educated workforce (but getting worse) (Fey et al., 1999)
Define BRIC and history (Rakita, 2012)