Compare the Challenges to Select Business Activities Within a Selected Organisation in Two Different Economic Environments.

1778 Words Jan 14th, 2013 8 Pages
Economic indicator | GDP | Inflation | Interest rate | Unemployment | Exchange rate | | UK | 1.3%£2.2488 trillion | 3.6% in January 2012 | 0.5% | 8.45% | 0.6388 | | India | 9.70%$4.6743 trillion | 5.3% | 6.31% | 4.1% | 0.0192 | |
M2 Angela
Santiago Fazalzadeha

M2 compare the challenges to select business activities within a selected organisation in two different economic environments.

Republic of India is an Asian country which is situated in south of Asia and it comes within the 7th largest country in the world and also it has a population of 1.2 billion people. The capital city of India is New Delhi however the biggest and most known city in India is known as Mumbai and it is the biggest city in India. My chosen business
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Therefore when M&S go to India they will have to pay more money to get small things done it will not be like the UK as in the UK if you like something to be done you do it the legal way. The corruption level is high in India due to the fact that the vast majority of India’s rural population continues to be poor 25% of India’s population still live below the poverty line which is under £1 per day.

According to Most of the communities in India (such as Bengali), are succumbed in 'Culture of Poverty'(a theory introduced by an American anthropologist Oscar Lewis), irrespective of class or economic strata, lives in pavement or apartment. Nobody is at all ashamed of the deep-rooted corruption, decaying general quality of life, worst Politico-administrative system, weak mother language, continuous absorption of common space (mental as well as physical, both). On the other hand looking at the corruption within the UK is much less in fact not much corruption as there are many laws and law enforcement that prevents the level of corruption within the UK

Unemployment
In India the unemployment rate is 4.1% which is not bad compared to the UK which is 8.0%. M&S moving to India will provide a lot of jobs and this will have a big positive effect on M&S as they will not pay less wages to the staff compared to the UK because in the UK
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