INTERNATIONAL BUSINESS. Can Brazil become a global competitor in the information technology outsourcing business?

INTERNATIONAL BUSINESS.

Can Brazil become a global competitor in the information technology outsourcing business?

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Expert Solution

Yes, Brazil has got the potential to become global competitor in the information technology outsourcing business due to following factors:

Similarity in culture as western countries: The culture is very similar to European nations and United States which gives it competitive edge over China and India
The vast population base and high literacy rate will help to provide resources to expand the business
The need of IT based services is expanding rapidly globally. Thus, it offers huge potential to outsource business
The telecommunication and network structure is highly sophisticated and superior to that in India or China
The engineering schools are strong and offer courses which provide highly capable resources
They are closer to United States and only one time zone difference is there which is suitable for outsourcing business
The domestic IT structure is very strong and dynamic along with highly automated banking sector

keosha answered 5 months ago

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