Essay on Value Systems and Successful Markets - 861 Words

Economic success defines a nations success in modern day society. Sure India has had a prosperous past. But as we continue in this post colonial world, the need to prove ourselves has only been higher. It has been over 60 years since we achieved independence and became a republic, we are yet to prove our â€Å"potential† to the world. The world’s parameter to determine our capabilities are high, just as it ought to be to encourage each nation to develop to its fullest ability. Competition generally helps nations to do better and achieve greater. When we first gained independence much of the idea of development and being an economic super power was furthered by the socialist of welfare oriented governance but since the end of the Soviet Russia†¦show more content†¦This idea in India became popular as it was to hope that it would strive to get rid of patronisation that the colonial and the Mughal powers catered to. Democracy was initiated in order to equate all citizens of this nation. We did this so that we had a situation where each one had the equal opportunity to grow. When we have a democracy as large as India, it is unthinkable to have corruption existing along its lines. The idea of democracy was to guide us away from the sinking boat and lead us through the darkest nights. It was the idea of emancipation that democracy brought within itself. But within the next couple of years, democracy was yet to bring in any of its promised propositions. Instead the ugly face of the opposite of democracy became popular yet again, that of patronage. We were back to square one; we had not yet evolved from our dark past. We were still stuck in it. We were a corrupt nation that allowed for deep inequality. Poverty and hunger continue to reel in the minds of our western counter parts when they imagined India. The patronage policy was set forth with the rise of Indira Gandhi in the late 1960’s and e arly 1970’s. It was a known fact that patronage would allow chief ministers to gain a position of power in the cabinet or any other position at the centre. The shuffling and change of chief ministers in the state of Maharashtra in the 1970’s and 80’s are a clearShow MoreRelatedElectronic Commerce And Its Impact On Business910 Words   |  4 Pagesprocesses and markets should know the planning phase (Mitsloan, 2015). First they must discover potential e-business initiative, secondly examine the functional scope of e-business initiatives, thirdly analyze the sustainability of benefits from e-business, and fourth prioritize the business initiatives. The growth of e-business must contain stages of feasibility analysis, implementation, testing, deployment, and performance review. Businesses that use e-business can profit from value creation orRead MoreBlue Ocean Strategy in Air Asia1659 Words   |  7 PagesLiterature Review Most of the companies must have a strategy for competing in the markets in which they offer products or services. The strategy will either be implicit or explicit, and the extent to which a company is successful compared with its competitors relies on the creation of competitive advantage through the activities that it performs to design, market, deliver and support its product or service. They develop strategy at an overall company level, within customer sectors and for regionsRead MoreCompany Analysis : Henry Ford Hospital1560 Words   |  7 Pagesin cardiology, neurology, orthopedics, transplants, and treatment for cancer (Henry, 2016). Henry Ford Health Systems has over 23,000 employees, and is the fifth largest employer in the Metro-Detroit area, and is also one of the most diverse health systems (Henry, 2016). 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