An important mindset is to possess a clear short-term as well as a long-term view. This is where most current -day start-ups err, with their myopic view of growth and pursuit of revenues, burning up capital to create a buzz.
FMCG companies are now directly supplying to modern trade giants and online retailers as they buy in large volumes, further eating into offline FMCG distributors' margins and supplier power
There are four important dimensions which makes an industrial organization or company, an institution. Longevity, common practices characteristic of the people working in the organization, the size/ numbers of such people and the influence that the organization is able to wield on society at large
Indian culture is dominantly characterized by femininity, where decision are based not only on facts, but also on relationships and emotions, collectivism and high power distance