Explain different cultural preferences

Assignment Help Business Management
Reference no: EM1369624

To answer the questions below please use resources only from Rangan, & Rajan, 2007 case analysis report. Please provide detail explanation and answer for each questions.

1. From Shakti case analysis, you suggest that HLL avoid a heavy dependence on the outsourcing of its human resources, and I was curious if you think this will improve profits enough to outweigh the cost savings of outsourcing. Please provide your reasons.

2. Also, while revenue, or "turnover," for HLL was increasing, its profits were decreasing due to operational costs increasing (according to HLL income statement). Do you think their Shakti initiative is sustainable?

3. Valuable recommendations. However, I do have a couple of questions. From your Key Issues section: Can you expand on what you mean by "Making product offerings foreign to their intended targets."?

4. In the Recommendations section, you state:

I suggest that Shakti recognizes that cultural differences of rural India are vastly different than those representative of urban India, remove cultural references, and ensure products are more representative of the audience receiving their benefit when presented for sale (rural India would appreciate a simpler product). What cultural references are you referring to?

5. Levitt (1984) emphasizes the homogenization of preferences and states: "Different cultural preferences, national tastes and standards, and business institutions are vestiges of the past" (p. 8). So, are the cultural differences between urban and rural India really a concern in promotions? It seems that HLL has repackaged products into smaller versions or sachets for the rural market. Do you think these repackaging addresses the concerns you state for cultural references?

Reference no: EM1369624

Questions Cloud

What is cross elasticity of demand between two brands : Smith Co saw a reduction in quantity of widgets is sold, down to 900 units. What is cross elasticity of demand between two brands of widgets.
Constraints influence an administrator''s decision-making : Describe the development of federalism and the relationships among the various levels of government in the United States and compare and contrast the roles of administrators in the public and private sectors
Write program which functions similarly to atm : Write program which functions similarly to the ATM. A user must be able to give their account number, choose whether they want to make a deposit or a withdrawal
Calculate deadweight loss if us imposes a tariff : Calculate deadweight loss if U.S. imposes a tariff of 25 cents per bottle of imported wine.
Explain different cultural preferences : Explain Different cultural preferences and national tastes and standards and business institutions are vestiges of the past
What are the responsilibilties of the board of directors : What are the responsilibilties of the board of directors - example of a board director that did not meet its responsilbilities.
Calculating equilibrium output and profits : Two companies produce the same product. The firm's each determine their own output and the combined output of the two is sold at the market price.
Discuss opportunities to expand in us : Discuss opportunities to expand in U.S., what would take and potential hurdles firm would have to overcome. Be sure to identify specific retail companies that could potential sell CPI's products, markets that would be attractive and some of financ..
Write a code to find the mean-median and mode : Use computer program to write a code (choose any language)to find the mean, median, mode ,variance and standard deviation.

Reviews

Write a Review

Business Management Questions & Answers

  Challenges in risk management

Challenges in Risk Management - Examine the role of the risk manager in integrating the risk management program within the organization and ensuring compliance.

  Explain relevant details of vtc in terms of purpose

Explain the relevant details of VTC in terms of purpose, people, process and communications technologies and provide relevant, actionable recommendations.

  Describe three situations involving nonverbal communication

Describe three situations involving nonverbal communication that you observed or experienced between a manager and subordinate

  Descrbing financial ethics

Using the Internet, or other resources locate the article discussing ethics in accounting and financial decision making. Make a 350-700-word review of your selected article. Address following items in your review:

  Explain what is corporate communication

Corporate communication - Explain what is corporate communication?

  Find the reorder point and the inventory position

The information technology department of a university buys paper for its copier machine frequently. The office manager would like to determine the best quantity to order each time an order is placed.

  Internal study on sexual harassment in the workplace

A major corporation agrees to sponsor an internal study on sexual harassment in the workplace.

  Conducting exit interviews

Exit interviews can be a great source of information by providing managers insight into the reasons why employees have left an organization. Henemann

  Explain the strengths and weaknesses

Explain The strengths, weaknesses, opportunities and threats facing a company and Pick any company you know something about and prepare a short SWOT analysis for the company.

  Methods to increase number of women leaders

Analyze at least three methods to increase the number of women leaders in international leadership.

  Strategic management

Why is it important to integrate both intuition and analysis in strategic management.

  Show the management control process

Based on the above information, what recommendation would you make concerning possible division closings and since the above data represents semiannual information, what other variables should be included in the decision to close down a division?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd