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    Commerce in India
    Commerce in India
    Commerce in India
    Ebook45 pages27 minutes

    Commerce in India

    By Marcia Williams

    ()

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    About this ebook

    India boasts a population of over 1 billion, ranking ninth as one of the world’s largest emerging economy. In order to successfully venture and conduct business in this society, it is important to understand the dimensions of their culture and business dynamics. This book is an analysis of the elements, from economic to cultural, which must be considered on making the decision to do business in India and comparing the business standards and protocols to those of the United States.

    LanguageEnglish
    PublisherMarcia Williams
    Release dateDec 15, 2017
    ISBN9780998366302
    Commerce in India
    Author

    Marcia Williams

    Marcia R. Williams is one of the Founders of Williams and King Publishers, and currently serves as the President. At Williams and King Publishers, she has spearheaded the publication of many literary works, including Anthologies, educational, fiction and inspirational books. She is also the Co-Founder of Rhema University, Florida. There she served as Assistant Vice President, to bring quality Christian post-secondary education, from a Bachelor’s level to the Doctorate degree. Her business accomplishments also include Co-Founder of Hamilton Insurance Agency, which had become a locally recognized commercial auto insurance agency in Central Florida during the early 2000s. Even though business pursuits kept her busy, she also found time to be active in Ministry, Co-Founding and Co Pastoring International Faith Ministries and Rhema International Ministries in Orlando until 2009, which afforded her the opportunity to travel to many countries, organizing miracle crusades of 15,000 or more attendees. She currently serves as the Assistant Vice President of the Orlando Renaissance Writers Guild, a nonprofit organization which assist aspiring authors in sharpening their writing skills and offers writing competitions to local high schools, rewarding the winners with college scholarships. Marcia has her Master’s degree from Liberty University in Executive Development, and her Bachelor’s degree in Business Management from Oral Roberts University. She is the mother of three, Crystal 21, Rhema 20, Elias 18.

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      Book preview

      Commerce in India - Marcia Williams

      Commerce in India

      A Look at Business & Cultural Standards

      Commerce in India

      A Look at Business & Cultural Standards

      Marcia Williams

      Williams and King Publishers

      Commerce in India

      A look at Business & Cultural Standards

      ISBN 978-0-9983663-0-2

      Copyright 2016 by:

      Williams and King Publishers

      Orlando, Florida

      All rights reserved. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording or by any information storage and retrieval system, without written permission from the author/publisher, except as provided by U.S. copyright law.

      Printed in the United States of America.

      Contents

      Introduction

      Chapter One: Economic History

      Chapter Two: Locals Conducting Business

      Chapter Three: Customs and Manners

      Chapter Four: Communication

      Chapter Five: Ethics

      Chapter Six: Integrating the Elements by Locals

      Chapter Seven: Comparing with US Culture and Business

      References

      About the Author

      The Publisher

      Introduction

      India is a South Asian country, the seventh largest country by measurement of area and the second largest by population and it is the most populous democracy in the world with over 1.2 billion people with 52% work in the agriculture industry (Anonymous, 2014). After nine decades of British rule, India got their independence on August 15, 1947 (Anonymous, 2014). Amidst the colorful array of pluralism, a vibrant culture, picturesque geographical terrain, this country continues to thrive at social, economic and political development.

      According to the United Nations, India is on track to becoming the most populous country in the word by 2029 (Sreenivasan, 2009). This presents challenges for India in all areas of their structures as there are current social, political and economic challenges they have yet to successfully address in order to continually compete on a global scale and support an estimated 1.6 billion by 2029. There have been some successes for example, progresses made due to their association with Brazil, Russia, China and South Africa (BRICS). The government will need to do a thorough evaluation of all economic segments, including foreign business protocols, in order to successfully facilitate both foreign and local businesses, to be poised and ready to support such population growth.

      Chapter One

      Economic History

      India’s economic history

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