Jeffery Whippo, Ph.D., D.B.A. indicates that there has recently been a great deal of activity in the global market. He says that in the recent years, there has been a significant rise in the number of U.S. companies expanding their markets into developing countries, especially the countries that seem to have some political stability. Jeffery David Whippo says that developing countries like India have a keen focus on their service sector expansion which is becoming a major contributor in the overall GDP performance of the country. However, in industrial market countries like China, the focus is on development of industrial sector which is a key contributor to their GDP.
