“Global Economic crisis: Impact on IT Industry in India.” Abstract: Globalization has ensured that none of the economies of the world stays insulated from the global economic crisis. But there was a general belief that the emerging economies could remain largely apart from the global economic meltdown and provide an alternative engine of growth to the world economy. The effect of the crisis on the Indian economy was not significant in the beginning. The argument soon proved unfounded as the global
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PERCEPTUAL MAP ON INDIAN WATCH INDUSTRY Perceptual mapping is a graphics technique used by asset marketers that attempts to visually display the perceptions of customers or potential customers. Typically the position of a product‚ product line‚ brand‚ or company is displayed relative to their competition. In this discussion‚ we have analysed the concept of perceptual map on Indian Watch Industry. The concept clearly gives an insight of the Indian watch industry. The Indian watch industry started with
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as a result of globalization. It is much easier for people to travel‚ communicate and do business internationally. Globalization essentially is the growth of an industry to a world wide scale. Attempted in the past by the first colonialists‚ globalization has in more recent times‚ been increasing rapidly due to improvements in communications‚ information and transport technology. Globalization is considered beneficial to the free trade movement among global markets. Globalization creates the opportunity
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2012 Globalization “Globalization has changed us into a company that searches the world‚ not just to sell or to source‚ but to find intellectual capital - the world ’s best talents and greatest ideas” Jack Welch Prepared by: Ibrahim Khairat Mounir Ezzat Ragab Sherif Ismaiel Globalization 2012 Contents Introduction: ...................................................................................................................................................................
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RUPEE DEPRECIATION – INDUSTRY IMPACT January 9‚ 2012 Backdrop The rupee has‚ between August and December 2011‚ depreciated by 21%. This depreciation has caused much concern among industry groups as imports have become expensive‚ thereby amplifying costs of production and operation‚ and ultimately profitability. Given that India is a net importer with a sizable trade deficit‚ the net impact has to‚ a priori‚ be negative. Objective The aim of this study is to identify vulnerabilities on
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employee might have been expected to primarily collaborate with colleagues from his own country‚ today many people are part of a global network connected with people around the world. Yet‚ most managers have little understanding of how local culture impacts global interaction. Even those who are culturally informed‚ travel extensively‚ and have lived abroad often have few strategies for dealing with the cross-cultural complexity that affects their team’s day-to-day effectiveness. Globalisation has greatly
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1: INDIAN SECURITIES MARKET 1.1.a) INTRODUCTION As per Securities Contracts (Regulation) Act‚ 1956 ‚ the term “Securities” include: (1) Shares‚ scrip’s‚ stocks‚ bonds‚ debentures‚ debenture stock or other marketable securities of a like nature in or of any incorporated company or body corporate:(a) Derivatives; (b) Units of any other instrument issued by any collective investment scheme to the investors in such schemes; (c) Security receipt as defined in clause (zg) of section 2 of the
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ACKNOWLEDGEMENT success of this study required the help of various individuals. Without them‚ the researchers might not meet their objectives in doing this study. The researchers want to give gratitude to the following people for their invaluable help and support: To Jesus Christ‚ our Lord and Savior‚ for giving the wisdom‚ strength‚ support and knowledge in exploring things; for the guidance is helping surpass all the trials that the researchers encountered and for giving determination to pursue
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cultural changes Technological changes include: • Industrialization • R&D activity • Advancement of technology Political Factors Political factors were supporting Indian tire industry as Indian Government especially reduces its taxes on raw material to promote the industry. Tariff and duties on the import and export of tires were set less so that cheaper tires and material could be imported and good quality tires can be exported. Tires made in India were mainly exported
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Globalization “Globalization” is being used widely for the past fifteen years‚ It’s a controversial term and has been used and defined in several different ways. Globalization point out that the world today is more interconnected than before. It’s the process of international integration arising from interchange of products‚ ideas‚ people‚ and other aspects of culture. Hence it affects in social relations negatively‚ weather on communities‚ work‚ and households. Positive affects are also
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