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Question 1. When doing business with an Indian company would you prefer to do it in Indian rupees or another currency? Why? If youhad to do the transaction in rupees, what measures could you take to minimize any financial risk?
Question 2. What economic factors observed could greatly increase your costs of construction and production in India?
Question 3. What ethical standards appear to differ between India and Canada?
Question 4. How might it be easy to incorrectly size the potential market for your product in India?
Question 5. Are there possible infrastructure issues to understand? Give specific examples.
Question 6. What issues might you have with government in India that you would generally not encounter in Canada?
Question 7. Only about 3.5% of Indian citizens actually pay income tax. (i) How would this affect their government (2)? (ii) How could this in turn affect your business (2)?
Question 8. "About 90% of India's workforce toils in the underground economy." How might this impact your decision to establish operations in India?
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