Professional Documents
Culture Documents
Submitted to:
Engr. James Anthony Toledo, MM, MBA
Submitted by:
Siong, Dewey John
Tahadlangit, Mark Adrian
Tamse, Jan Marvin
Tato, Regine
Timtim, Kevin
BRICS
BRICS is an association of five major emerging national economies: Brazil, Russia, India,
China and South Africa
Together, the four original BRIC countries:
comprise more than 2.8 billion people or 40% of the worlds population
is an agreement signed by Canada, Mexico, and the United States, creating a trilateral
trade bloc in North America
WTO has nearly 150 members, accounting for over 97% of world trade
The goal is to help producers of goods and services, exporters and importers conduct
their business
Five South American Countries and Mexico had power distance indexes from 63 to 81
Eight South and Southeast Asian countries ranged from 54 (Japan) to 77 (India)
USA had 40
6. In many Asian and South American countries the family is paramount, and enterprise
7. There is seldom a local ability to operate and, especially, repair such technology.
8. Without long experience in an industrial economy, nationals may take much more
relaxed attitude about getting things done on time