Assignment 1: Required Assignment 2Emerging Economies and GlobalizationBackgroundMarkets in developed economies are approaching saturation level. Therefore MNCs are searching for new untapped markets in emerging countries such as India and China. Since the healthcare industry will continue to grow in the future due to the size of the global population and its age composition General Electric Healthcare (GEH) is trying to capitalize on these trends. It is expanding its operations and development of new drugs and manufacturing of the medical equipment in India and China.DirectionsRead the following articles:Then respond to the following:Write a 710-page paper in Word format. Utilize at least five to seven scholarly sources in your research. Apply APA standards to citation of sources.Make sure you write in a clear concise and organized manner; demonstrate ethical scholarship in accurate representation and attribution of sources; and display accurate spelling grammar and punctuation.