India And Its Business Culture Essay
In today’s world, globalisation plays a more and more important role. The idea of the “global village” is becoming reality and business is done not only regional but over the whole world. A European enterprise for example nowadays usually does not only have business partnerships in Europe but also in America or Asia, depending on the branch of their business. In this world of doing business with any kinds of nations and cultures knowledge about the culture and business habits is a “must-have”. In my essay, I would like to introduce India as a country with a culture which is thousands of years old and also the most important facts about Indian business behaviour in general, in meetings and in negotiations. …show more content…
Fatalism is another very important stream in Indian culture. It says that every event happens for a reason and that the future is already “said in stone”. In India, fatalism is related to the Karma and is even important in decision making.
Last but not least, Collectivism is also a factor in Indian culture. India has a strong sense of community and thus a greater acceptance of hierarchical structures. This also goes along with a lack of privacy and a smaller concept of personal space.
The reasons for the importance of India as a “business country”