Amish Family

An Amish family consoled Roberts’ family for hours and several even attended his funeral. Submission to the will of God is among the backbones of the Amish beliefs, humility and the absence of the assertion of self being the other elements held in great sanctity by the people of this community. The anti-individualistic beliefs of these descendants of the Swiss Anabaptists make their lifestyle a stark contrast to their American and Canadian neighbours. They refuse to use electricity for fear of getting more enthused about owning more and more electrical appliances solely as status symbols. Photographs are considered to arouse family vanity, higher education is supposed to plant aspirations for material gains and hence only education till the eighth grade is imparted to the Amish children.

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Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

India Inc.

Roy can rightfully snigger at our trepidation; well, he’s been here since 1992 – lucky to escape the retrenchment (“VRS,” according to them) drive – and our experience certificate was only ten minutes old. You have to take steep & intimidating steel stairs that snake upwards towards the top of the blast furnace. Vertigo is almost guaranteed. There is also a cavernous elevator that looks more like a railway wagon. Roy grins and feigns ignorance when we ask him about the Corus deal that has been stuck thousands of kilometers away in UK. Everywhere that we go in Jamshedpur, there is an undercurrent of pride and raised eyebrows. Pride, because Tata Steel has almost bagged Corus in a historic deal that marks the arrival with a vengeance of India Inc. on the global stage.

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Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

'Garibi Hatao'

Life of a rural poor may not be as miserable as once depicted by the famous Hindi writer Munshi Premchand. But it would be incorrect to assume that in the last six decades, his miseries have reduced significantly. Since independence, the country witnessed innumerable credit linked poverty eradication schemes coupled with the Utopian slogans like ‘Garibi Hatao.’ Yet, for a majority of the population, life continued to languish under the burden of unserviceable debts. The Green Revolution of the mid 70s made India self-sufficient in terms of food grains, but also led to the emergence of an affluent farming community which could rule as a monopolist in terms of securing both subsidies and Minimum Support Prices.

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Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

HP Expand its Product Line Up

After the acquisition of Compaq, HP has been able to expand its product line up. The company now offers the entire computing hardware from desktops to printers. This allows HP to offer total solutions to consumers, who are looking for uniform platforms. With consumers increasingly focussing on single branded platforms, HP is hitting Dell where it hurts the most – its core competence. The direct selling model seems to have outlived its relevance. Dell will have to be aggressive on retail in order to counter HP’s advances. Otherwise, there could be more shocks and we’re not talking about the batteries now!

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Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Land-Locked Countries

The United Nations’ laws on seas, which created the International Sea Bed Authority, is mandated to control deep sea mining in the high seas in certain designated areas. The moralistic document is meant to protect the marine environment and also to regulate mining and further to reward contracts. But as could be expected, the United States remains a non-signatory to this convention. But then, even earlier, for selfish reasons, the US has bypassed not only the Kyoto Protocol, but also various other UN resolutions (on peace initiatives). At this juncture, the US notwithstanding, the international community must peacefully settle the titles of contested areas, simultaneously addressing concerns of smaller, technologically deprived, as well as land-locked countries.

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Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

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Samaritans

So, are these soon-to-be-executed prisoners truly turning into good Samaritans or are there shady dealings being brushed under the carpet, away from the public eye? In a nation home to approximately two million people who require transplants each year, only about 20,000 receive the treatment. In America, a kidney roughly costs around $100,000, in China about $70,000; a liver transplant in US requires a good $250,000, which in China would cost you only $160,000 but it’s the heart transplant surgery that really takes the cake – where in US you almost become bankrupt after spending $860,000 or so, you get away with an expenditure of just $120,000 in the land of the dragon!

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Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006