must take the time and do the homework to understand the culture of the countries they want to do business in. This paper discusses some detail Hofstede’s theory of cultural dimensions and how understanding the dimensions and as they relate to a specific culture can assist in determining a strategy for designing HRM policies to fit a particular countries culture. Although this paper will focus on India, you will be able to get a good idea of how the theory can be applied to any country with proper
Words: 1310 - Pages: 6
channels, there is a three-quarters of growth in retail sales since 2000. The online channel today has taken up about 8 percent of total retail sales. Traditional retails also known as the physical stores today are bringing in e-commerce into their business, resulting the steady growth of online sales (Strategy&, 2015). In Asia, the Asian market is known as the home to some of the world’s fastest-growing and biggest online retailing companies according to ‘Internet Retailer’s newly published 2015 Asia
Words: 1183 - Pages: 5
Mr. Dimakh Sahastrabuddhe, CEO, Dimakh Consultants Dimakh is the CEO of Dimakh Consultants Pvt Ltd, a leading IT consulting firm in Pune India. He is a first generation entrepreneur and started the enterprise at a young age of 23. The company provides varied IT offerings in software development, website designing & hosting and networking solutions. Dimakh holds a Bachelor of Engineering degree from the University of Pune. He is on the visiting faculty at Symbiosis University,Tasmac-Wales
Words: 1507 - Pages: 7
am Karthick Kumar living in London UK. I have already done Bachelors of Technology in Information Technology at P.S.N.A College of Engineering and Technology, Anna University, Dindigul, India and now I am currently doing my Masters MBA in Human Resource Management and Global Marketing at London School of Business and Finance, London, under University of Wales I am applying for good positions in Technical / Customer Services side as I have a unique combination of both the Technical skills which I
Words: 642 - Pages: 3
Coca-Cola in India 1. We can count many aspects of U.S. culture and Indian culture which can cause difficulties in Coca- Cola India. The first big problem is the problem of communication between India and the United States , the language . They have difficulty understanding some points, which distorts communication. The United States and India have different expressions which causes misunderstandings of language. Another problem concerns the laws of the United States and India. Both countries
Words: 294 - Pages: 2
Foreign Direct Investment in India | The fast and steadily growing economy of India in majority of its sectors, has made India one of the most famous and popular destinations in the whole world, for Foreign Direct Investment. India's ever-expanding markets, liberalization of trade policies, development in technology and telecommunication, and loosening of diverse foreign investment restrictions, have further collectively made India, the apple of investors' eye, for most productive, profitable,
Words: 1778 - Pages: 8
RELIANCE COMMUNICATION [pic] [pic] INTRODUCTION A DREAM COME TRUE The Late Dhirubhai Ambani dreamt of a digital India — an India where the common man would have access to affordable means of information and communication. Dhirubhai, who single-handedly built India’s largest private sector company virtually from scratch, had stated as early as 1999: “Make the tools of information and communication available to people at an affordable cost. They will overcome the handicaps of illiteracy and
Words: 7204 - Pages: 29
company starts of as a local business for two years before they start to internationalize. The first country they did business is USA due to connections Tom has during his time in the US. Ekomate has established a 100% Export Oriented Division for IT development, in conjunction with Software Technology Parks of India in 2000. Currently Ekomate continues its efforts to expand the business both in the international and domestic markets in spite of the global slowdown in IT business. In 2005, Ekomate is awarded
Words: 1700 - Pages: 7
and understanding in Analysis of MBA program. Without their help and supervision it was not at all possible to go ahead. We would also like to thank all the students of Indian Institute of Planning Management (IIPM) at Chandigarh, Indian School Business Management (ISBM) and SAS institute Mohali to fill up the questionnaires. But also supported and co-operated with us during the project. Our sincere gratitude goes to Prof. MONICA AGGARWAL for her constant guidance and Patience shown for clarifying
Words: 8588 - Pages: 35
is that in order for an institution to be successful in CSR strategy, CSR actions has to be internalized and must be supported by the management. In India companies like TATA and Birla are practicing the Corporate Social Responsibility (CSR) for decades , long before CSR become a popular basis. In spite of having such good glorious examples; In India CSR is in a very much budding stage. A lack of understanding, inadequately trained personnel, coverage, policy etc. further adds to the reach and effectiveness
Words: 5311 - Pages: 22