The effect of globalization on Indian entrepreneurship - With reference to corporate governance

Type :

Term papers

Pages :

5 pages

Format :

.doc

Published date :

09/21/2009

Category :

Business & market

Sub category :

Management

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Summary :

Abstract
Introduction: Rational for the study
Impact of globalization on Indian entrepreneurship
1. Foreign joint ventures
2. Foreign companies are becoming holding companies in joint foreign ventures
3. MNC's are entering Indian market with 100 percent equity
4. Competition act, 2000 and privatization
5. New concept of mgt and marketing
Newly developed concepts of management
1. New concept of mgt and marketing
2. Strategic management
3. Vision, mission and core competency
4. Lower product cost strategy
5. Management by walking (MBW)
6. De-layering
Experience of de-layering
Experiences of empowerment
1. Knowledge mgt
2. Benchmarking
Experiences of benchmarking
1. System thinking
Conclusion
References

Abstract

During the first six years of the nineties, the indian government adopted the policy of globalization in indian economy. The purpose behind this policy was to put the country at the international level in commerce and industry and thereby to enhance the industrial development, economy, employment and modern strategies as well as aspects of the governance of the corporate sector. This brought new challenges before the corporate world in India and her entrepreneurs. They equipped themselves to meet with these new challenges and to fit themselves in the new environment. Thus, globalization had a wide effect on indian entrepreneurship and these effects were far more positive and very less negative. This paper aims at these effects and their study. To facilitate the study, the paper has been divided into three parts:
1) Introduction-Rational for the Study.
2) Impact of globalization on indian Companies.
3) Newly developed concepts of management.