Indian are as follows . India has a huge market . It is one of the fastest growing economies in the world. .
Favorable policies of the government towards FDI. . Financial liberalization of the country after . .
Government encourages and makes continuous efforts to attract foreign investment by relaxing policies. Commerce - - . . PM Highlights ( ) India ranks th in the world in factory output The manufacturing sector accounts for .
% GDP Privatisation of certain public sector industries Liberlisation also attracted MNC’s and encouraged local entrepreneurs Indian stands th in services output Increased demand from foreign consumers for Indian products and services India has an extensive network of undersea fibre-optic cables leading to India becoming the centre for outsourcing of business process India has become big employment generator especially amongst young graduates. India has witnessed sustained economic development as envisioned by our forefathers Top MNC’s in India Following are the names of some of the most famous multinational companies The entry of MNC’s into India have proved quite beneficial for the growth and development of Indian economy providing employment opportunities for the young generation. IBM Microsoft Pepsi Co Sony Vodafone Reebok Nokia Key Terms Behaviour Moral Mechanism Atmosphere Fair Prices Monitor For Own Thinking . Illustrate the ethical practices followed by different reputed organisation giving practical examples.
. Create case studies concerning the existing famous organisation following ethical practices quoting their real life practice . Identifying ethical codes based on which organisation exits, for long run and short run, justifying the adherence of code of ethics. For Future Learning .
Money earning cannot be sole objective of business or life. . The mind of students to accept that ethics and consideration for environment, law etc can lengthen the income earning of an individual or business Exercise I. Choose the Correct Answer .
Which of the following helps in maximising sale of goods to society? a) Business success b) laws and regulations Commerce - - . . PM c) Ethics d) Professional management .
Ethics is important for a) Top management b) Middle