In Erik Larson’s “Devil in the White City” his character Olmstead said “that we are always personally under an agitating pressure and cloud of anxiety.” This quote directly resonates with my life and how I subject myself and my body to physiological symptoms of anxiety, especially towards things that are not that serious. One task that causes me to feel uncomfortable is calling a stranger on the phone. I will delay making the call even if it’s regarding a minor question such as finding out the opening and closing times for a store. It’s on the edge of becoming a professional handicap, because calling is a useful way to get a faster reply. Still, I would rather opt for sending an email regardless of how time consuming it will be to get a response.…
In 1991 the Indian government introduced a series of drastic reforms, liberalizing its government owned and controlled economy. Product expansion and new market entry became easier for companies in virtually every sector of the economy. This presented Tata with many opportunities to leverage its strong brand equity and financial resources to enter new markets and industries. The strong brand image gave it a tremendous advantage over competitors in a variety of industries. However, the government reforms also lowered barriers to entry and increased competition in all of Tata’s industries. Foreign companies flooded into India, threatening to take market share from Tata companies. The world was globalizing and India was liberalizing its economy. Tata was forced to consider its strengths and weakness, analyze its many businesses and their industries, and evaluate the threats and opportunities presented by this changing global economy.…
While the Japanese consumer may not want to see brands from outside of their home country, the Indian consumer finds global brands appealing (Goddard, 2010; Kumar, 2003). Wallström, Steyn, and Pitt (2010) shed additional light on the appeal of brand names to the female Indian consumer highlighting that brands can help the consumer express herself, specifically highlighting the users wealth and social status. Raman et al. (2003) noted the attractiveness of global brands to the Indian consumer, especially those with English and Western heritage and association. Javalgi, Granot, and Brashear Alejandro (2011) also found the Indian consumer open to foreign brands. With the Indian consumer looking for global brands, the company entering the Indian market can retain their global brand name, tout the country of origin, and communicate prestige and status with their positioning. Chandra, Rau, & Ryans (2002) found that companies like Procter & Gamble tended to standardize their brand’s positioning for products sold in the United States and to upper class Indian…
Herman Melville's Bartleby the Scrivener is perhaps more relevant today than when he wrote it in 1853. Bartleby is the account of a talented young scrivener who possesses great talent and potential in his career of duplicating and composing documents. The tale takes us to the upscale Wall Street area of New York City, among the buildings and law offices of the city. The young Bartleby is thrown into the typical office drudgery associated with the type of employment he was seeking.…
India has the second largest population by country in the entire world. The population is estimated at 1.22 billion as of July of 2013 ( (The World Factbook, 2013). India, with its expanding economy, represents a great opportunity for foreign investors. However, there are numerous hurdles for any MNC to overcome if they want to succeed in India. India has difficult trade policies, rules, and regulations, and the use of a foreign brand name is prohibited in India (Ulitin, 2013). Additionally, because of Pepsico’s failure to live up to some of its promises to improve the economy as part of it being allowed to conduct business in India, Pepsico and other MNCs developed a reputation as organizations that cannot be trusted (Pepsi 's entry into India, 2009). Pepsico and Coca-Cola were well aware of the challenges present when attempting to enter emerging markets, and they enjoyed several years of increased market share and increased revenues prior to 2003.…
Do you believe in technology? Or do you think that all inventions of scientists are worthwhile for humanity? Of course, lots of these inventions are helpful and useful. Also, some of them have created new periods in past. They played a big role for coming modernity. However, there are some inventions that seem very effective but they have brought new problems for humanity and environment. Especially, at the beginning of an invention, people don’t realize that it will become big problem. Nowadays, people are taking notice of this kind of things. Nanotechnology is one of these inventions which are needed to be discussed from point to point. Today, there are some people who believe that nanotechnology is dangerous; however some scientists think that nanotechnology has great benefits because it helps people to invent new things for the future.…
The Economic Times (2013) Why P&G 's global CEO, Robert McDonald considers Indian operations a success story. [online] Available at: http://articles.economictimes.indiatimes.com/2013-03-06/news/37500481_1_p-g-robert-mcdonald-brand-equity [Accessed: 25 Apr 2013].…
Since the 1980s, large corporations released their success lies in generating brands, rather than manufacturing products. Large corporations use global markets to move manufacturing from rich countries to poor countries, where labour is low and there are no regulations. Large corporations use globalization to build their own brands, but failed to release that globalisation can be used to harm the brand. A brand is away of life, an attitude, set of values, and ideas. Corporations use branding as marketing strategy to sell products and services.…
Tata has operations in almost every continent in the world. It possesses a greater advantage than other MNC’s because of its vast experience in India which transformed from developing…
Kumar, N. (Spring 2009). India Unleashed. Business Strategy Review. London Business School. Retrieved from http://www.bsr.london.edu/lbs-article/202/index.html, 5-8…
In November 2001, the team of Tompkins Mark Masterson, Ravi Rhoota, and Gary Gary Garfield met to formally incorporate NanoGene. They discussed a number of important issues including equity splits, salaries, funding strategies, and naming Tompkins CEO. The founders decided a salary of $120,000 and split the equity equally. NanoGene closed a deal with an angel for $600,000, and their own stock would be 20% immediately, 20% at the end of the first year and the remaining 60% at the rate of 2% per month. In September 2002, Tompkins met with VCs seeking $10 million in series A financing. After doing several due diligences on the company, the VCs had serious issues with the decisions the founders had made. First, it was the large founding team, the fact that split the equity equally, the salary, and none of them had experience as a Chief Scientific Officer of an established firm. According to the VCs CEOs usually have 7 to10% equity and makes about $250,000 salary, and senior scientist $95,000. Another issue that the founders had was that they wanted to hire Miller as VP but they were not agree with the salary she was asking. Mean while she agreed to do some consulting projects for NanoGene. Miller did help the team do some hiring process and with the compensation policy.…
The Tata Group is a very large group of businesses that dominate markets in India. The…
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The white paper reveals about the working of a nano radio with carbon nano tube and electrodes. The carbon nano tube plays a very crucial role in the operation of a nano radio. The multi usage of the single walled carbon nano tube as an…
Imagine being able to observe the motion of a red blood cell as it moves through your vein, or being able to watch as a type of white blood cell (called a "T-cell") destroys an invading microbe by engulfing it. What would it be like to observe the vibration of molecules as the temperature rises in a pan of water? To observe sodium and chlorine atoms as they get close enough to actually transfer electrons and form a salt crystal? New scientific tools, developed and improved over the last few decades, make such observations increasingly feasible. These are examples of the effort to view, measure and even manipulate materials at the molecular or atomic scale - the major focus of nanotechnology.…