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Business Law Topic Proposal

Content type

User Generated

Subject

Business Law

School

Saint Leo University

Course

GBA 440

Type

Homework

Uploaded By

758gevonf

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Student name:

Proposed topic: Doing Business in India

Description of the topic (3-4 sentences):

Doing business in a foreign country may be challenging at times especially due to the cultural

aspects different from those in the home country. India is perhaps one of those countries that

foreigners must be prepared to navigate the different cultural hurdles imposed by the Indian

culture and various other issues such as poor infrastructure, limiting regulations, and corruption

among others. Therefore, it is important to explore the country’s economy and understand the

different cultural aspects businesses must expect before entering the Indian economy.

Description of the relationship between your topic and the core values of community

and/or personal development

Understanding the cultural aspects of a country before establishing a business is important.

Primarily, different cultures approach different issues from diverging perspectives, and achieving

success in a foreign business might be challenging than one might think. Therefore, it critical

that issues such as greetings, gift-giving, body language, dining etiquette, religion, and

negotiations among others be explored to ensure that business success is achieved.

Proposed subtopic 1 and brief description:

Business Culture – India presents a diverse business culture due to its fast-growing open-

economic. Nonetheless, there are numerous factors that those seeking to set up business in the

country must consider including networking, processes of building relationships, and approaches

to communication among others.

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Proposed subtopic 2 and brief description:

Hierarchy – India propagates a top-down hierarchy in business and numerous other settings, and

those in power are often granted a higher position and status than ordinary citizens. The caste

system is particularly rigid in India, and since it still applies today, it must be considered when

entering into the market.

Proposed subtopic 3 and brief description:

Communication style – The communication style in India is quite different from the

communication style in the US and numerous other countries. For instance, the Indian culture

promotes the use of indirect communication, especially when delivering bad news to clients or

those in superior positions.

Proposed subtopic 4 and brief description:

Gift-giving – Gifts in the Indian culture are important but they should not be expensive.

However, they should be given and received using specific protocols, and understanding them is

of great significance.

Proposed subtopic 5 and brief description:

Greetings – Greetings in the Indian culture are important and they use light handshakes.

However, men cannot greet women, and thus they must wait for the women to initiate the

greetings. Men also do not shake hands with women.

(Note: The various subtopics are to be labeled in the paper; this will help keep the paper

organized.)

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1 Student name: Proposed topic: Doing Business in India Description of the topic (3-4 sentences): Doing business in a foreign country may be challenging at times especially due to the cultural aspects different from those in the home country. India is perhaps one of those countries that foreigners must be prepared to navigate the different cultural hurdles imposed by the Indian culture and various other issues such as poor infrastructure, limiting regulations, and corruption among others. Therefore, it is important to explore the country’s economy and understand the different cultural aspects businesses must expect before entering the Indian economy. Description of the relationship between your topic and the core values of community and/or personal development Understanding the cultural aspects of a country before establishing a business is important. Primarily, different cultures approach different issues from diverging perspectives, and achieving success in a foreign business might be challenging than one might think. Therefore, it critical that issues such as greetings, gift-giving, body language, dining etiquette, religion, and negotiations among others be explored to ensure ...
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Tags: International business business law business cycle Business Management Business and Finance