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"How I braved Anu Aunty and co-founded a million dollar company"
"How I braved Anu Aunty and co-founded a million dollar company"
Read the story here.
While reading, pay attention to the following:
Varun’s state of mind; how does he spend time, what thoughts go through his mind?
Mal and Varun Agarwal’s business plan
The occasion for the launch of their company
The first meeting with a manufacturer
The reason for them going to Tirupur
9/1
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VIRTUAL
VIRTUAL
The Indian braindrain -Â
The Indian braindrain -Â
a diaspora
a diaspora
India is winning the GDP race but at what cost? Are they losing the game of livability and the driving forces of its economic engine - the innovators, founders, engineers, doctors etc.?Â
We call this "brain drain". Watch the video to figure out why it is happening.
13/1
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Ease of doing business -Â
Ease of doing business -Â
India is climbing
India is climbing
Today we’ll analyze why rankings change and why they matter for companies.
Ranking Line
Ranking Line
SILENTLY, line up physically according to how easy you think it is to do business in the country ou have been given. From easiest to hardest country to do business in.
Once lined up we discuss:
Why India is where it is?
What factors did you use to sort?
Bureaucracy?
Corruption?
Infrastructure?
Which of these factors can governments actively change?
THEORIES on to ease business life
THEORIES on to ease business life
Institutional Economics (North)
Institutions = formal rules, laws, regulations
Efficient institutions:
Reduce uncertainty
Increase predictability
👉 Link to India: Reforms → better ranking
Transaction Cost Theory (Coase)
Firms want to minimize:
Time
Bureaucracy
Administrative costs
👉 Link to India: Fewer procedures = lower transaction costs = higher attractiveness
Competitiveness (Porter)
Countries compete for:
Investment
Companies
Jobs
👉 Link to India: Government plays a role in creating good framework conditions through reforms
Walk & Talk
Walk & Talk
Walk around in pairs and discuss:
“Which type of reform do you think have had the biggest impact on India’s attractiveness for foreign companies — and why?”
“Which type of reform do you think have had the biggest impact on India’s attractiveness for foreign companies — and why?”
Reform Stations
Reform Stations
Each group starts at a station (7 groups/7stations) then rotate every 90 seconds.
Exit Ticket
Each group starts at a station (7 groups/7stations) then rotate every 90 seconds.
Exit Ticket
Individual written response - hand in on Elevfeedback:
“Explain how institutional reforms in India reduced transaction costs and improved the country’s competitiveness.”
E-mail - eksamensfoberedelse
E-mail - eksamensfoberedelse
Du er ansat som kommunikationsansvarlig hos det danske firma NordicEco Living, som udvikler og sælger bæredygtige produkter til hjemmet. Virksomheden har for nylig bestilt en større leverance af økologiske bomuldstekstiler (fx viskestykker og håndklæder) fra den indiske producent Suryan Textiles Pvt. Ltd.
Ved modtagelsen af leverancen opdager I, at en del af produkterne er fejlbehæftede, blandt andet på grund af misfarvninger og uens syninger. Du skal derfor skrive en e-mail til Ananya Rao, som er jeres faste kontaktperson hos Suryan Textiles Pvt. Ltd., for at gøre opmærksom på problemet og finde en løsning.
I din e-mail skal du give oplysninger om:
hvor stor en del af leverancen der er fejlbehæftet, og hvilke typer fejl der er tale om
hvordan problemerne pĂĄvirker NordicEco Livings planlagte salg og samarbejder
hvilke konsekvenser fejlen kan få for virksomhedens omdømme og relation til kunderne
dit forslag til, hvordan Suryan Textiles Pvt. Ltd. kan kompensere for problemet (fx omlevering, prisnedslag eller anden løsning)
I din besvarelse skal du anvende og fremhæve
 følgende:
et modalverbum
et verbum i udvidet tid
Skriv e-mailen pĂĄ engelsk til Ananya Rao pĂĄ anarao@suryantextiles.in
Underskriv e-mailen som Jane Doe eller John Doe.
Omfang 200-250 ord
How stable is India's economy?
How stable is India's economy?
https://hotspotindia.systime.dk/?id=140#c433
Case:Â
Case:Â
A guide to understanding Indian business
A guide to understanding Indian business
You work in the export department of a major Dansih company and the export manager has asked you to prepare a guide to India as the company is planning on conquering this new market.Â
She has also asked you to account for business culture and etiquette in India.
Make a general introduction to India and its people.
Make a comparison of Denmark and the culture in India using Hofstede's country comparison tool. Go to Geert Hofstede's homepage and identify the major differences between Denmark and India.
For this task, you have access to two sources:Â
Business Etiquette in India: Essential Tips for Success and
 How To Follow Business Etiquette in India )
Account for proper business behaviour in India, i.e. business meeting etiquette and business communication. Include:
Attitudes to time
Attitudes towards authority and decision making
Communication styles
Greetings
Gift-giving
Personal space
Establishing relationships
Dress codes
Wining and dining
Etc.
Prepare a power point with your findings and end your presentation with a few words of advice when doing business in India.
Remember to list your sources.
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