Emerging markets for luxury goods firms


Question: Please answer each question base on your personal experience. Also provide APA references, and also intext citations with at least 150-250 words total.

1. What would be the likely challenges in emerging markets for luxury goods firms?

2. How much bargaining power did consumers as buyers have during the Great Recession?

3. From a "strategy as theory" perspective, why is it hard to change strategy? How are strategic changes made?

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