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International Business |
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Page 1 Individual Project #1 BUS105-21 Barath Rajaratnam The International business is affected by several factors, some of which are social, cultural, economic, legal and political differences. I am going to talk about some examples of how India impacts some international businesses. ... A type of social difference that could be language is definitely not a barrier in India since business is conducted with mostly English documents. Majority of call centers in India support business like Citibank, AOL, Oracle technical support centers without any hassle. ... This could be part of a cultural difference which expedites business. ... India is raided with corrupt politicians which adversely affects business practices. ... In most cases if an International Firm wants to expand their business in India, politicians who come under that jurisdiction where the business will be situated will have to bribed. This creates additional costs which the international firm may not have been expecting. ... This is because the water in India is not properly purified and controlled by the Indian Government and this is the kind of water that is supplied throughout India, which in turn affects international businesses located in India. |
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Title: International Business
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