Multinational management and IIMs
by Prakash Desai on Oct 16, 2007 06:17 AM
In connection to my following post. What if their customer does not have financial capacity to buy a product? They arrange finance for customer. All automobile manufacturers in the world are ready to give you FINANCE (!!!!) if you buy their product. one more example. All the aircraft manufacturers (civil aviation and defence both)sell their products to near bancrupt countries with the help of their corrupt politicians. They make a deal to sell, then they also arrange finance to buy also!!! (finance also from so called multinational banks of their own country)And under such circumstances, who has capacity to bargain for price? And for consumer products, they just lure customers by providing finance and useless features And when you buy with such EASY payment terms, you lose your capacity to bargain for RIGHT PRICE. This multinational culture apparantly has come to our country, yes. But indirectly, it was always there in our country- for generations- financially strong people always exploited others. This type of business management or thinking has nothing to do with education or curriculum of IIM. Exploit others, is the only culture of so called successful organizations all over world. And I am of the opinion that professionals participating in the above mentioned IIM Calcutta meeting are just trying their best to make our IIM graduates become more compititive And I do not see anything wrong in it. Because, for hundreds and thousands of years, the world has looted us
