Ross cultural Management / Tesco in India REPORT

Multi-brand retail is seen as a key sector in attracting foreign investment in India.
Tesco has applied to open multi-brand stores in India, the UK retailer and Indian officials have said.

The company has applied to Indias Foreign Investment Promotion Board and plans to invest $110m (A?68m).

With this, Tesco becomes the first global retailer to try to enter India since it allowed foreign investment in multi-brand retail last year.

If the application is successful, Tesco will enter the country in a 50-50 partnership with Indias Tata group.

Correspondents say the decision brings much-needed relief to the government, which allowed foreign investment in multi-brand retail in September 2012, but had not attracted even a single application until now.

We welcome the decision of Tesco to invest in India,Commerce and Industry Minister Anand Sharma said.

And on our part, we assure them all support for expedited clearances. To begin with, they propose to establish their stores in Maharashtra and Karnataka.

We hope that this will mark a new beginning in transforming Indias retail industry. I am sure that the other global leaders will also look at investing in India,he added.

Tesco said it would invest in the Tata-owned Trent Hypermarket Limited, which operates Star Bazaar and Star Daily in the western state of Maharashtra and the neighbouring southern state of Karnataka.

Source: BBC News website grade will also depend upon the extent to which you demonstrate your knowledge and understanding; ideally each should be complete and detailed, with comprehensive coverage.

Specific to this assignment:
Based on your knowledge of the key theories/concepts/models of cross cultural management and research into a relevant case of an international joint venture in India.

3. Analysis
Your work must contain evidence of logical, analytical thinking, evaluation and synthesis. For example, to examine and break information down into parts, make inferences, compile, compare and contrast information. This means not just describing What!, but also justifying: Why? How? When? Who? Where? At all times, you must provide justification for your arguments and judgements. Evidence that you have reflected upon the ideas of others within the subject area is crucial to you providing a reasoned and informed debate within your work. Furthermore, you should provide evidence that you are able to make sound judgements and convincing arguments using data and concepts. Sound, valid conclusions are necessary and must be derived from the content of your work. There should be no new information presented within your conclusion. Where relevant, alternative solutions and recommendations may be proposed.

Specific to this assignment:
The tasks themselves specify what is required of you. Take care to answer each question fully, and answer only the question set. You may find it helpful to keep the tasks to hand when writing to remain focused on them. Make sure you draw conclusions from the content of your work and provide a direct answer to each question in summary at the end of each task. Ensure that you include examples to illustrate your points from your research.

4. Practical Application and Deployment
You should be able to demonstrate how the subject-related concepts and ideas relate to real world situations or a particular context. How do they work in practice? You will deploy models, methods, techniques, and/or theories, in that context, to assess current situations, perhaps to formulate plans or solutions to solve problems, some of which may be innovative and creative. This is likely to involve, for instance, the use of real world examples and cases, the application of a model within an organisation and/or benchmarking one organisation against others based on stated criteria. You should show awareness of the limitations of concepts and theories when applied in particular contexts.

Specific to this assignment:
You should deploy your chosen techniques, models and/or theories, and use material from your wider reading to illustrate the points you make. Where possible you should show awareness of the limitations of the models used when applied to the case itself.

5. Skills for Professional Practice
Your work must provide evidence of your attributes in the application of professional practice. This includes demonstrating that you are highly capable of individual and collaborative working. You must communicate effectively in a suitable format, which may be written and/or oral, for example, essay, management report, presentation. Work should be coherent and well-structured in presentation and organisation.

Specific to this assignment:
You should write an essay in a recognised format. All writing should be academic style, formal, focused, concise and subject specific. It should use a font of Arial 11 point or Times New Roman 12 point and be 1.5 or double spaced. All graphs, charts, and figures in the main body must be clearly referenced beside or beneath. Where possible they should not be on separate pages but should be incorporated within the text.