Professional Documents
Culture Documents
Business Abhishek
Marks Distribution
Break-up of Internal Assessment
Attendance/Class Case Study Projects Total
Participation Analysis
10 20 10 40
COMPANY
Overseas Operations
Country of Origin
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Current Trends
(Reform Process)
• Almost all countries are reforming their economy through
Liberalization, Privatization & Globalization
• Many South-East Asian Nations, China, South Korea and a few Latin
American Countries were quick to introduce Reforms Process
• India too, injected new vigor into its economy and industry by
introducing an open-door policy, eliminating licenses, replacing
foreign restrictions by other models and liberalizing procedures in
general
• Through the reforms process, manufacturers in India are required
to increase the production capacity and divert products to various
destinations
Plan & Strategy Can be worked out for short- Only long-term strategy will
term and carried forward to the work. Strategic inputs are
long-term required in multiples
Business Comparatively, one can Very difficult to predict and risks may
Risks predict future risks and crop up at any time due to political
shocks. This won’t have situations, the society itself as well as
major impact on strong several other unknown factors
businesses
Research Reasonable, easy to conduct Very expensive, difficult to conduct.
& Reliable Reliability depends on individual
countries and there is no uniformity in
the output and findings
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Domestic Business v/s
International Business
Dimension Domestic Business International Business
Human Due to past laurels and Multilingual, multi-strategic and
Resources established systems, multi-cultural human resources
organizations can succeed even which should be able to withstand
if the Human Resources have larger risks. Every individual is a Profit
the minimum skills & Knowledge Centre and hence, Accountable
Organizational Narrowed down to work in a Broadened to cover many countries.
Vision & single country with a steady Geographic & cultural diversity may
Objective growth objective influence the vision and objectives