Synopsis Fabindia’s Foray into Sri Lanka (Cross Culture Marketing) [pic] [pic][pic] [pic] [pic] Group 7: Shamsy Goyal- 211 Punit Saraf- 230 Ridhee Singla- 238 Anshul Bhatia-253 Tejuswi Prakash-242 Amar Bhartia- 255 Shashank Yagnick- 259 About Fabindia: Fabindia is India’s largest private platform for products that are made from traditional techniques‚ skills and hand-based processes. Fabindia links over 40‚000 craft based rural producers to modern urban markets
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history of Sri Lanka this section will demonstrate the linkages present in a number of government issues that have hindered the development of Sri Lanka. Sri Lanka gained independence from Britain in 1947. From 1948 to 1977 Sri Lanka was a socialist country. Industries were nationalized and a welfare state was established. This improved living conditions but produced slow economic growth‚ economic inefficiency‚ and a lack of foreign investment . Since 1971‚ the constitution of Sri Lanka has established
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profitable investments. Sri Lanka is not a country that’s usually mentioned when discussing investments abroad‚ but the fact is‚ there are several countries that have seen the true potential of Sri Lanka as an Investment‚ have seized the opportunity‚ and are now reaping the benefits. There are significant American‚ British‚ German and Scandinavian Investments in Sri Lanka‚ as well as some Investments form Korea‚ Australia and Singapore. Some of the weaknesses and risks related to a Sri Lankan investment
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large part on the shoulders of women. The Sri Lankan economy’s main foreign exchange earners used to be tea‚ rubber and coconut cultivation for export. Apart from these commercial crops‚ paddy (rice) cultivation has been the mainstay of the rural economy. Women’s labour plays an important role here‚ but in most instances is not taken into account. The traditional economic pattern has completely changed during the last 10-15 years. Remittances from Sri Lankans employed in the Middle Eastern countries
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2012 year end statistics sri lanka had 20.3 million mobile phone subscription. This is a massive figure when it is compared to the 20.8 million total population of sri lanka. This suggests that majority of the current population own atleast one mobile phone while another significant sector may own more than one connection. This value combined with the fixed lines that most homes in the urban areas and almost all business enterprises possess‚ it can be safely said that sri lanka is coming to a stage
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financial reporting environment in Sri Lanka and its impact on the companies listed on the Colombo stock exchange. Hotel SIGIRIYA PLC has been chosen to study the financial reporting requirements‚ cultural impacts and the political influences on the Sri Lankan listed companies. 1. Financial Reporting Environment in Sri Lanka 1.1. Current financial reporting requirements for publically listed companies in Sri Lanka. In August 2007‚ two stages were adopted by Sri Lankan accounting standards regulators
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It is a well-known fact that Sri Lankans life style has been drastically changed recently. Health department’s researches corroborate the above. As result of the change of life style people have unknowingly neglected the value of balance‚ nutritious diet and they have forgotten the importance of the schedule of daily exercises that enables to keep a healthy body. I do say‚ people both rich and poor are unaware of the values of three main meals. Particularly‚ rich people tend to consume instant foods
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lawyers. They have dreams of their own and being a grape farmer is hardly one of them” For thirty long years Sri Lanka was torn apart by a malevolent war between the country’s majority and minority; a war that not only claimed the lives of many‚ soldiers and civilians alike‚ but also destroyed much property and dammed the country’s growth in uncountable ways. The whole of Sri Lanka grieved as one at all that was lost but it would not be incorrect to say that it was the north that suffered the
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Sandip Kumar Kundu (Student Id: P000099745) Word Count: 4300 International Business Experience (BA 670) Introduction: The end of Sri Lanka’s long-running civil war in May 2009 and prevalence of peace for more than four years has given a new rays of hope to usher an era of sustained positive growth and economic development. Sri Lanka can still be a difficult place to business due to poor infrastructure‚ corruption and erratic policy environment‚ but the geographical natural location
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assignment successfully. We would also like to appreciate the commitment of staff members of Sri Lanka tourism development authority‚ who have helped us to obtain information of past situations‚ present position and future estimation of tourism industry in Sri Lanka. Executive summary The purpose of this report is to develop comprehensive strategic plan to re-engineer tourism industry in Sri Lanka and to earn foreign exchange to the country. The development of the plan was carried out by considering
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