The Indian economy has evolved into a dynamic and vibrant force with sustained growth rates
of 6-8% for more than a decade. A primary reason for this growth is moving to a market- based
various corporate headquarters in Mumbai and Bangalore, India. The corporations which we visited included Seimens (a German Multinational), Glaxo Smith Kline (a subsidiary of a British pharmaceutical company)., IT companies of Indian origin, a Management Consulting firm besides the U.S. Consulate in Mumbai, India.
On my return, I presented a report in the form of a case study to my sponsor at Tarleton State University. This report highlights the successful business practices and strategies followed by Indian businesses. Based on this report (See Learning Module, Chapter 13 following the section McDonald's in India for a link to this report) as well as the discussion from our textbook in Chapter 13 on Multinationals Doing Business in India (Pages 513-517), answer the following questions:
1. Choose any one domestic or multinational corporation covered in the report and describe the business practices and problem-solving approaches followed in India.
2. How should U.S. firms, in general, adapt to globalization? Give specific examples.
3. Using a SWOT Analysis approach, describe how American firms can take advantage of conducting business in an emerging market such as the Indian economy
The Indian economy has evolved into a dynamic and vibrant force with sustained growth rates
of 6-8% for more than a decade. A primary reason for this growth is moving to a market- based
various corporate headquarters in Mumbai and Bangalore, India. The corporations which we visited included Seimens (a German Multinational), Glaxo Smith Kline (a subsidiary of a British pharmaceutical company)., IT companies of Indian origin, a Management Consulting firm besides the U.S. Consulate in Mumbai, India.
On my return, I presented a report in the form of a case study to my sponsor at Tarleton State University. This report highlights the successful business practices and strategies followed by Indian businesses. Based on this report (See Learning Module, Chapter 13 following the section McDonald's in India for a link to this report) as well as the discussion from our textbook in Chapter 13 on Multinationals Doing Business in India (Pages 513-517), answer the following questions:
1. Choose any one domestic or multinational corporation covered in the report and describe the business practices and problem-solving approaches followed in India.
2. How should U.S. firms, in general, adapt to globalization? Give specific examples.
3. Using a SWOT Analysis approach, describe how American firms can take advantage of conducting business in an emerging market such as the Indian economy
