India Business Quiz

India is a large country with a large population. She is faced with an alarming situation of widespread unemployment. A large number of people are unemployed both in the urban and rural areas.

The nation that I have chosen for this Global Business Cultural Analysis research project is India. India has one of the fastest growing and largest economies despite being one of the poorest countries. “India has emerged as the world's third largest economy, in terms of Purchasing Power Parity (PPP), just behind the U.S. and China, according to a report from the World Bank” (Bawaba, 2014). The academic reason in which I chose India is that it is very interesting in how one of the poorest countries in the world has developed to be in the position of third largest economy.

Mutual fund Industry was introduced in India 1963 with the formation of Unit Trust of India. During the last few years many extraordinary and rapid changes have been taking place in the Mutual fund industry. Indian economy is highly developing. The development is taken place due to the growth in the financial system.

East India Company was originally named “The Governor and Company of Merchants of London trading into East Indies”. It was incorporated in Britain on the 31st December 1600, by a charter of Queen Elizabeth which settled its constitution, powers and privileges. It obtained a royal charter from Queen Elizabeth I, granting it monopoly at the trade with the East. A joint stock company, shares primarily owned by British Merchants and aristocrats, the East India Company had no direct link to the British government. The Queen though had sovereign power over this polity. If the state of Britain was considered a polity, then East India Company, a corporation in modern sense of the term was a citizen of that polity. But if East India Company was considered a corporate polity, then the different shareholder groups were conceived as citizens of this polity called East India Company.

Hindustan Lever Limited, India’s leading and fast moving consumer goods (FMCG) and services Company, had enjoyed a competitive advantage as a lone provider of personal hygiene care products until the development of India’s economy. However, with the entry of multinational FMCG companies HLL started experiencing stagnant growth and lower profit margin, and was under pressure of rising its incomes and revenues. At this point HLL’s new ventures division identified the untapped and unexplored rural India (where two-thirds of the population lived), as a key source of growth and expansion for the future. To continue on its competitive edge, HLL designed an innovative approach to penetrate these rural markets, with a project called

We believe the single greatest risk of doing business in India is its bureaucracy. The Indian bureaucracy is often referred to as "babudom." An Indian bureaucrat is often referred to as a "babu." Today, babu may also mean "Sir" or "Mr." The babudom was formed after India gained independence from Britain. It employs many more people than necessary and it is highly unproductive. Each geographic region of the babudom requires specific government permissions and taxes. Making progress in the babudom with limited local support is a difficult task, especially for a small U.S. firm with limited capital.

For the research report, I would like to pick India to analyse their situations in terms of geography, culture, politics and business. The following report will give a clear understanding of geographical image, cultural image, political image and economical image of India.

India Places is the premium website on tourism that gives details about the important tourist’s places in India. It covers the whole lot of places across the country. Every part of the country is covered under this. The most sought after places in India that people wants to visit, all the details regarding the important tourist’s spots, locations to visit, the details of hotels and resorts to stay are provided on the site. From pilgrimage and holy places to the monumental sites, wild life sanctuaries, exotic beaches, hill stations, metropolitan cities as well rural destination, all the detail description is given on it.

Healthcare industry in India is handling by both government and private firms, which are focusing more on rural public because of the improper facilities like shelter, water and food. There is a possibility to have more problems in rural areas, apart from the urban people who are prone to suffer with hypertension, diabetics and ulcer related problems due to the dietary habits in day today life. Healthcare system is more costlier and much needed industry these days because of the above said reasons. Health insurance is playing a vital role in India which covers hospitalization and emergency costs for the patients both in government and private sector hospitals. Healthcare expenses are much cheaper in India comparing with other countries

The phone industry in India of LG and SAMSUNG is one of the key success drivers of any growing economy and henceforth one of the world’s most important revenue generating sector. This industry has a wide range of organizations and companies which are engaged in the design, manufacturing, and selling of the products. It helps the improvement in various infrastructure facilities such as rail, road and power, thus playing a vital role in the rapid growth of the economic and industrial development. The Phone market is growing at a healthy pace because of the comparison with increasing levels of customers in India with respect to different companies in the larger phone markets of the world. Worldwide, the phone market has not only been focussing on manufacturing but also towards ensuring that one 's products are superior in terms of quality.

My project entitled “Role of Private labels in Indian Retail Industry” aims at analysing the market opportunities and challenges faced because of Private labels in the Indian Retail Space by considering various stakeholders i.e. consumers, Online Retailers, Brick and mortar Retail Stores.

Paytm is one of India’s largest mobile commerce. The company started offering mobile recharge and utility bill payments. With 300,000 orders, every day the company has emerged into a top e-commerce business on the track of full marketplace for its consumers on the mobile app. The company follows the mission statement of 100% Assurance with Paytm Trust and Paytm Promise of immediately refunding the money if the consumers have any issue with the product. We analyze the market environment and marketing strategies of Paytm which helped the company to become first choice of the consumers among its competitors.

IN 1973, when Mohan boarded a second class compartment of the Jayanti Janata Express to Mumbai (Bombay) from Thrissur in Kerala in South India in search of a job, little did he realize that he would be known as ‘Good Knight Mohan in a few years’ time. Jobs came easy to this young new Electrical Engineer, but he was not satisfied. After switching jobs twice, Mohan started a trading firm to deal in ceramic insulators. While this paid for his livelihood, he experimented with the design and production of indigenous diapers from his flat in Kalina. Sales were limited and market never picked up for want of perfection. Also many people did not know then what a diaper was all

In the world next to Africa, India has the largest concentration of tribal population. According to 2011

have higher share to GDP such as Thailand, at 40 %, and in China, around 35 %. India is facing the