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Multicultural Management - Term Paper Example

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This paper "Multicultural Management" discusses the concept of management intertwines with culture. Understanding the cultural climate also depicts the atmosphere in which management takes place. This also helps to identify the way in which different countries are able to interact with multinational companies…
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Multicultural Management
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Download file to see previous pages For three years in a row, India has expanded by an average of 9%, specifically with outsourcing and import and export possibilities. At the same time, there are several noted boundaries with the cultural affiliations between India and the Western countries, even though this is one of the main multinational corporations in the area. This is blocking the development of companies in India and is leading to different global effects in other regions of the earth (see Appendix A). This makes it one of the most important countries in the global economy, with specific questions of how the growth of this financial center will affect business and culture in different regions of the world (Economy Watch, 2010, http://www.economywatch.com/indianeconomy/indian-economy-overview.html). The format of this study will provide a general overview of India, including ethnic and cultural traits. This will be combined with a review of literature, which will show how this affects the economy and global changes. The analysis will take place to identify what the trends in India are, which will end with a conclusion to identify the changes that are occurring in India and how the culture is affecting the management of multinational companies.
There are several prominent identities in India, specifically which relate to the changes that the country has gone through over time. India is known as one of the oldest countries on earth starting with the Indus Valley Civilization. This led to several kingdoms that developed, specifically which were based around spiritual and religious beliefs. This led to divisions between the Hindu and Buddhist traditions in the area by the Middle Ages, each which were led by different empires. During 77 CE, this was followed by Islamic trade with India, eventually which led to Islamic and Muslim rule over specific divisions of India. By the 18th century, India opened to trade with Britain which moved into colonization of several sectors of the country.   ...Download file to see next pagesRead More
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