India Case

Damabelis Acevedo

Dr. Andrew Raleigh

IBS 240

Thursday January 15, 2015

Homework: Chapter 1

India Case

1. What is the climate for doing business in India? Is it supportive of foreign investment?

The climate for doing business in India is continuously changing and evolving. Today, in India the economy is characterized by a liberalized foreign investment and trade policy. It is a great role played by private sector and deregulation. India is extremely supportive of foreign investment and in recent years, the government has been relaxing its bureaucratic rules especially those regarding foreign investments.

2. How important is a highly educated human resource pool for MNCs wanting to invest in India? Is it more important for some businesses more than for others?

It’s very important for MNCs wanting to invest in India to have a highly educated human resource pool because it is very important for them to understand what they are getting into (specifically language & cultural barriers) and for them to adapt to the changes that come along with the corporation investing internationally. It’s evident that as India continues to grow and evolve so will the demands for well-educated people. The more successful and competitive India becomes, the more critical human resource management will be. Luckily, companies are beginning to see that an investment in human resource processes & outsourcing services that can help make the successful is a good way to gain competitive advantage for their organizations future. It is more important for some businesses than for others depending on the industry they are in and the level of technology they use. Some MNCs use advanced technology to help them communicate, produce, and deliver their goods and services internationally which has ultimately led to some experts predicting that in the future, technology has the potential to displace employees in all industries.

3. Given the low per capita income of the country, why...