Nobody downloaded yet

Peculiarities of Business in India - Scholarship Essay Example

Comments (0) Cite this document
This essay examines in detail the prevalent business, socioeconomic, and cultural environments that western multinationals have to face in India, as well the implications of their adopted major changes in business practices to succeed in India…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.3% of users find it useful
Peculiarities of Business in India
Read TextPreview

Extract of sample "Peculiarities of Business in India"

Download file to see previous pages This write up examines in detail the prevalent business, socioeconomic, and cultural environments that western multinationals have to face in India, as well the implications of their adopted major changes in business practices to succeed in India.
Despite revolutionary changes since the independence of India, the basic business style has remained the same as of family-controlled businesses. Leading business families, from Birlas and Tatas to Reliance, keep total control on a business of companies promoted by them. Major management posts in these business houses are always held by responsible family members. Though the joint family system is slowly disappearing, still there is a common tendency in Indian families to own a business.
Another prominent feature of the Indian economy is that non- corporate sector has the largest share of the total business of the country. They are the largest employment providers. Growth in non- corporate sector is much faster than even in the corporate sector. Non- corporate sector is engaged in widespread manufacturing and service industries, and these are again mostly family business. Noncorporate sector works according to available conditions and develops their business models suiting prevalent conditions and systems. This way India is a high powered distant society. Western businesses will have to accept family authority while negotiating business deals with non- corporate as well as family-controlled corporate sector.
The business language in urban India is local language mixed with English. It is also mixed with Hindi and state dialects making it difficult for a casual business operator to negotiate. There are wide ranges of languages spoken in diverse India.  ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(Peculiarities of Business in India Scholarship Essay, n.d.)
Peculiarities of Business in India Scholarship Essay. Retrieved from
(Peculiarities of Business in India Scholarship Essay)
Peculiarities of Business in India Scholarship Essay.
“Peculiarities of Business in India Scholarship Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Peculiarities of Business in India

Peculiarities of Community Analysis

...?Community Analysis Essay It is said that the only thing constant in life is change. To this effect, people react differently to change. Some take itgladly, while others take it with a pinch of salt. A certain change is what will be the theme of the subsequent change. I grew up hearing about the rights of women and stumbling across such concepts as the empowerment of women. All this remained perplexing for me. Although I read of great things, I seldom saw any demonstration of them around me. Women were still house-wives, required to be in traditional clothing with covered heads and lowered eyes. Recently, however, I have seen a change. I have seen the things I once read of, slowly materializing. I have seen women go from being... Analysis...
5 Pages(1250 words)Essay

Peculiarities of media creation nowadays

...?Peculiarities of Media Creation Nowadays Introduction Media can be described as communication channels through, which news, entertainment, educationor messages are passed through to humans. The media may include broadcasting medium such as radios, televisions or newspapers including the internet. All forms of media form an important part in our daily activities. In early nineteenth century when there were still primitive forms of media, the United States had devised ways to cover this important for of communication that is essential in the daily operations of a place. The creation of media in USA was initiated as a political decision of technological invention. This led to the political decision of having a state run...
7 Pages(1750 words)Essay

Doing business in India

...? Doing business in India Doing business in India India’s land area is greater than Europe’s with a population of about 2 billion. Its citizens speak sixteen diverse languages and dwell in twenty-eight states and several union areas. For decades, India is viewed as an outstanding outsourcing destination where most countries are guaranteed a reduction in their cost base (Bhasin, 2010). This is because India has a large number of graduates who are fluent in English but their wage demands are lower, in comparison to, graduates from the western countries. This view is changing rapidly due to the countries’ potential future....
4 Pages(1000 words)Research Paper

The Peculiarities of Literacy Education

...The Peculiarities of Literacy Education Introduction: In this essay I will focus on technology as a source of literacy in the present world, according to David Booth in his book “Reading Doesn’t Matter Any More”, he emphasises the importance of technology as a way of educating students. The reason why I choose the concept technology is because in the world we are living today, technology changes from time and anyone who does not adopt the current trend of advanced technology is left behind. In this book Booth says that youngsters are now working with word processors, chart lines, blogs, emails, text messages, web searches and photo shops which are all literacy events.1 Technology allows us to connect with learning...
3 Pages(750 words)Essay

Peculiarities of Australian Media

...themselves break into separate political groups. Numerous problems arise in attempting to decide what "fair" depiction should be, especially in an advertiser-dominated, male-controlled media structure (Biagi 38). Because entertainment often is at the margins of culture, there is a tendency on the part of politicians and social critics to condemn it. Yet it remains our greatest hope for newprop and the enhancement of the popular culture. By contrast, sports has transformed itself into an extraordinary commercialism, often more business than a mecca for sports heroes. More importantly, it idealized the diversity and creativity of its audiences and stimulated their imaginations. However, as an art form that depended on...
7 Pages(1750 words)Article

Family Business in India

...two analytically separate but inextricably linked social systems: the family and the business. (Lansberg, 1983)2. In the recent times, the globalization factor made it to many Family businesses to attract many Foreign Investments. And the recent Industrial scenario in India presents some cases where the Family business succession is enforced to disintegrate. But is the disintegration limited to few Family firms or is it became a best alternative in other family firms also- is the main research area of the paper. Thus the study intends to follow an empirical approach along with case study analysis of some dissolved family businesses to observe the...
37 Pages(9250 words)Coursework

Peculiarities of Movies' Promotion as Intangible Products

... Essay on the Research Article by Sood & Dreze 1. The differenсe between tangible and intangible attributes. Why do you think the researchers propose that movies are experiential and, therefore, intangible products? (S&D p. 353) Tangible attributes is described in the paper as physical attributes and are normally perceived by the five senses. When applied to the concept of brand extension, tangible attributes refer to physical similarities between the parent and the extension brand. However, similarities do not just pertain to tangible attributes. There are also intangible such as image-related characteristics or specific brand associations. Movies are deemed intangible or experiential because they appeal both... on the Research...
3 Pages(750 words)Assignment

Business in India

...Business in India ID Number & Total Number of Words: 308 In India, the business etiquette is mostly based on the country’s religion and historical background. Unlike in doing business in other Asian countries, an American businessman should keep in mind that there is a strong “relationship between family and business, the interdependence of culture, religion, work and life” among others (Millar, 2007, p. 203). There are quite a lot of cultural factors that could trigger internal conflicts or even drive a foreign company out of business. For example, the road condition in most of the rural areas in India...
1 Pages(250 words)Essay

Peculiarities of Girth Calculation

...Girth Calculation Ground Work 1.1. Top Soil The top soil is excavated to an average depth of 150mm. It is preserved on site to be reused in spoiling heaps to an average distance of 20m from the excavations. 1.2. Trench Excavation The excess excavated material was removed from the site. The ratings is determined all forms of multihulls on the measurable data. 1.3. Filling For every component that goes through considerable modification, the builders are responsible for providing the facilities to the building authorities who will check the measurer and verify the dimensions and the equipment. This assists in the determination of the ratings. 2. Concrete 2.1. Foundation and Bed The foundation is done to the depth of 3M considering... Calculation...
3 Pages(750 words)Essay

Quality Management and Its Peculiarities be made in the design of materials, equipments, training modules and controlling processes. Quality of design – From customers’ point of view quality is perceived as ‘quality of design’ (SME Toolkit, n.d.). Customer satisfaction and quality are closely related to each other in the present business environment. Customer satisfaction is normally understood as a feeling of contentment which is sensed by a customer at the time of comparing the actual quality of the product or service that has been acquired with the preliminary expectations that the customer had from that particular product or service. This statement reflects the extent to which the quality of product or service is related to customer satisfaction. As...
10 Pages(2500 words)Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Scholarship Essay on topic Peculiarities of Business in India for FREE!

Contact Us