Practicing Success
What is the overall impact of government policy changes on Indian business and industry? |
Negative and detrimental No significant impact Positive, showing resilience in dealing with the new economic order Limited adaptability and strategy development |
Positive, showing resilience in dealing with the new economic order |
The impact of Government policy changes particularly in respect of liberalisation, privatisation and globalisation has been positive as the Indian business and industry has shown great resilience in dealing with the new economic order. Indian enterprises have developed strategies and adopted business processes and procedures to meet the challenge of competition. They have become more customer-focused and adopted measures to improve customer relationship and satisfaction. |