The 22 students of the St.Gallen Executive MBA finished their last compulsory course
between November 24th and December 3rd in São Paulo, Rio de Janeiro and
Buenos Aires. The classes in Brazil focused on the growing market of
the low-income population; the so-called base of the pyramid and
emerging middle class. Apart from the lectures on the political,
economic and business environment and consumer behavior, the students
prepared through the case study of Dr.Consulta (private health care for
low-income customers), visits to the retail environment of the market as
well as a market research organization that focuses on consumers in
favelas for their final exam (developing a service or product for this
market segment). In Sorocaba (city in the industrial belt of São Paulo),
the group learnt more about how the minister of development attracts
innovation-intensive companies. They were also hosted by Embraer
Executive Jets- which serves as an example of a Brazilian National
Champion- and introduced to the business segment of small private jets.
In Argentina the students dived deep into the challenging business
environment of multinational companies that interact in a country used
to economic crises and inflation.
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