Main Cross-Cultural Issues in Managing the Organization Essay - 1

Main Cross-Cultural Issues in Managing the Organization Internationally - Essay Example It is evidently clear from the discussion that Indian management in several organizations give less focus on team-based evaluation they focus on individual targets because they are more concerned to evaluate each worker’s quality work. The retail market in India is projected US$ 26 Billion in 2011 and is expected to grow to US$ 84 Billion by 2016. According to the US commercial services, Indian per capita expenditure on cosmetics is Rs, 30 and the cosmetic industry are growing at the rate of 15% every year. These facts and figures support the product category because the industry is growing, and holds the chance for active cosmetics to step in. Multinationals and local companies are giving much emphasis to workforce management practices. Multinational companies outsource its distribution to the third party. For example, P&G outsource its distribution to Agility logistics. Departmental stores will welcome us like Star India Bazar, Big Bazaar, Max hypermarket, Vishal mega mart, easy day, city mart, which shows that we have a possible chance to excel in the Indian cosmetic market segment. The Indian government supports to the foreign brand (whether imported or locally manufactured) in India is freely allowed and just have to pay up to 2% on export and 1% on domestic sale. India is a large diversified country and to become successful in this market we need to obtain comprehensive localized information. Due to a large market, we will require multiple distributors to cover the whole market. In India, DAC, 1940 (Drug and Cosmetic Act) is followed for the import, sales, manufacturing, and distribution of cosmetics.