Complete Lesson

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Slow Speed begins at: 1:16

Explanation begins at: 3:23

Normal Speed begins at: 16:00

Jamie: If our company is going to grow, we need to find emerging markets. It makes sense to get a foothold in a few countries that may have developed markets within the next 20 years.

Nina: But there’s no guarantee that rapid growth in a country’s economy now will be sustainable years from now. I think it’s too much of a gamble myself.

Jamie: There are certainly no guarantees, but by the time it all shakes out and it’s clear which markets are the mostpromising, we will have missed the boat.

Nina: So what are you suggesting? Should we pick one or two markets to invest in, or hedge our bets and invest in several?

Jamie: I think we should identify the countries that have shown strong economic growth in the past 10 years and focus on those.

Nina: I still think it may be too risky, but I’m willing to consider the idea. Work up a proposal and I’ll look at it.

Jamie: You will? This is great. I didn’t think you’d be so receptive.

Nina: I’m not making any promises, but I’ll keep an open mind. Just make it short and sweet.

Jamie: Short and sweet is my middle name!

Category: Business