Week 11

Question 1

why business fail in India

Answer 1

cross cultural problems

grey-economy

Question 2

how many infromal sectors does India has=

Answer 2

90%

Question 3

what about overburdened judiciary in India

Answer 3

2/3 of the 400’000 inmates in Indian prisons are yet to be convicted of any crime

Question 4

GST

Answer 4

goods and services tax: means by content the same thing like VAT –> they wanted to interduce it within 3 months (3 different calculations but it turned out that there are 7 calculations) –> it is functioning (weil die Unternehmen ebenfalls durch die Abgaben verdienen).
Indirect tax is easier to collect –> you pay when you buy something

Question 5

VAT

Answer 5

VAT (value added taxes) does not function becaue every canton wanted to do the taxes in their own way (own calculaiton, own regulations) –> so the central government does not wanted to interduce it).

Question 6

2 things we need to know about culture:

Answer 6

these two things are interconnected.

1. harmony (dogma): value system is based on mythology and religion and values
   
   • absolut harmony between anyone and with anyone
   • they are told not to say no, so if you ask them, they say yes but that does not mean yes at all
   • -> saying no is no-go
   • sehr wichtig: religion; India’s Hinduism is not reformed –> it has still the old mentality that still exists
     christianity: came into India, christian and also muslim realisted, if they want to stay in India they have to indianalize their religon.
   • you can only survive, if you go with the caste system
   • you have to believe in reincanation: Brahma is the creater god and he said the person is not completed so completing work is not on the top of your list. (your soul will be in Nirvana –> it is like heaven for christians)

Question 7

2. caste system:

Answer 7

unwritten rules of the cast system

- organized based on this: pristers, officers, soldiers, traders, farmers and more
- discrimination comes with the caste system
- synonym: hierarchie--> wichtig für die Prüfung!!!

1. on the slides
2. Harmony (dogma –> you are not allowed to say no and you have to believe in Karma (reincarnation))
3. caste system –> Hierarchie
4. GST: know what it is

Question 8

Prüfungsfragen

Answer 8

1. on the slides
2. Harmony (dogma –> you are not allowed to say no and you have to believe in Karma (reincarnation))
3. caste system –> Hierarchie
4. GST: know what it is