Global Business Cultural Analysis: India Abstract India is a complex nation with a rich history and years of diversity. With the rise of the global economy over the last century‚ it is safe to say that the country has become a major multi-national player. Although outsourcing to India has been a trend since the early 90’s‚ the country also has a growing local economy that is primed for investment should the right opportunity arise. However‚ not just any
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Part-I (Introduction) 1. Origin of the term paper The term paper was originated in the Prerequisite Course of the Business Environment (MKT-510)‚ by the honorable course instructor Lecturer Afreen Choudhury at the end of the 2nd midterm exam. The term paper is based on the topic of the course named “Business Environment in Robi” and an integral part of the study of Business Environment . 2. Methodology of the Term Paper The term paper was based on two sources of Data. Primary Data: The primary
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is the author of a cross-cultural business behavior model. In his model he names 4 set of attributes. Each set has 2 contrary traits. We have: * relationship-focused and deal-focused business cultures * formal and informal business cultures * polychronic and monochromic business cultures * reserved and expressive business cultures We present each set of attributes in a table to simplify the content: Relationship-focused business cultures | Deal-focused business cultures | People are usually
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It is evident that the social and economic developments in the South Pacific societies are hindered by their social and cultural system. Religious beliefs and Traditional land tenure are a few of the major obstacles to ways in which development can be well planned and implemented. Religious beliefs can neglect an individual’s financial needs‚ limiting ones performance‚ promote incompetence in the workforce and restrict tourist movement while on the other hand‚ limitation on traditional land tenure
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SOCIO-ECONOMIC ASPECT Contribution to Government Revenues The benefit that the government can obtain from Eco-Casket Manufacturing is the tax revenue itself. Moreover‚ this business can also offer jobs to a lot of unemployed citizens that will further help the economy build itself. And in return this tax revenue collected by the government will benefit the household sector. Contribution to the Growth of Industries Eco-Casket Manufacturing is a business that will provide caskets that are least
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Natural Law – denotes a system of moral and ethical principles that are inherent in human nature and that people can discover through the us of their natural intelligence‚ or reason. Positive Law – Or national law (the written law of a given society at a particular point in time)‚ applies only to the citizens of that nation or society. Legal Realism – the idea that law is just one of many institutions in society and that it is shaped by social forces and needs. Constitutional Law – The
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rapidly changing environment that affect its ability to serve its customers. A business firm must continuously monitor and adapt to the environment if it is to survive and prosper. Disturbances in the environment may spell profound threats or new opportunities for the firm. The successful firm will identify‚ appraise‚ and respond to the various opportunities and threats in its environment. Business environment is the surrounding or atmosphere under which business is conducted. Business cannot work
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Table of Contents Introduction 1 Internal Environment 2 Shareholder’s Value Corporate Image Physical Assets & facilities R&D & Technological Capabilities Human Resources 10 External Environment Micro Environment 11 Customers Suppliers Competitor Marketing Intermediaries................................................................................................15 Macro Environment....................................................................................................
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Socio-technical systems theory: an intervention strategy for organizational development Steven H. Appelbaum Professor of Management‚ Faculty of Commerce & Administration‚ Concordia University‚ Montreal‚ Quebec‚ Canada Integrating organizational development (OD) and technological intervention into a total system is one of the more difficult tasks for an executive or consultant to execute. Organizations are profoundly affected by technological advancements and require a flexible customized change
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Why cultural awareness is important in business? INTRODUCTION The main objective of the academic essay is to explain why cultural awareness is important in business. It demonstrates about culture and the uses of it in business. Communication is a vital element in a business both internally and externally as it is a source of exchanging information. Corporate culture is a part of communication which is introduced. The essay includes barriers to communication and their consequences‚ to rectify
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