Indian Business Systems

Traditional cultural values in India are high on paternalism, power distance, uncertainty avoidance, and loyalty towards community and Indian management systems are based upon centuries of rules and regulations from various dominating empires; different religions; a very influential caste system that, knowingly or unknowingly, intentionally or unintentionally, influences the organizational system of Indian enterprises; the British Raj who ruled India for about 200 years; and more recently, the globalization of world economies and its influence on the Indian management system.  Things are gradually changing, however, as India continues to be exposed to foreign multinationals and the challenges of competing in the global marketplace and Indians become more open to adopting and accepting Western business practices and institutions including professional organizational and managerial structures and governance standards.  This report provides a brief overview of Indian business systems.

0 thoughts on “Indian Business Systems

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    its influence on the Indian management system. Things are gradually changing, however, as India continues to be exposed to foreign multinationals and the challenges of competing in the global marketplace and Indians become more open to adopting.

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    India is a country of both diversity and continuity. It is a creative blend of cultures, religions, races and languages. The nation’s identity and social structure remain protected by a rich cultural heritage that dates back at least 5,000 years, making India one of the oldest civilisations in the world.

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