MANAGEMENT

Hofstede model of cultural dimensions

Six Dimensions of Culture under the Geert Hofstede model   Renowned psychologist Dr Geert Hofstede, conducted one of the most extensive studies on the influence of culture on workplace values. Research has highlighted the importance of culture as a significant force in the context of business. However, Hofstede’s study brought out the features or dimensions…

MANAGEMENT

Pharmacare Colberia Case

Pharmacare Colberia case: Ethics and Corporate Responsibility   The Colberia venture of Pharmacare has several stakeholders at its centre but most critical among them are the local residents of Colberia that are at the receiving end. A stakeholder is associated with a project. He can be critical to its success or is influenced by it and its outcome…

MANAGEMENT | PESTEL

Airlines Industry Pestel

A PESTLE analysis of the airline industry: The economic recession in the last decade shook the entire industry. There were very few sectors that could perform well in the face of economic turbulence. Even the airline industry was deeply affected. Except for these economic fluctuations, both the world economy and the global airline industry have been doing…

MANAGEMENT

Pros and Cons of Sharing Economy

Collaborative Economy: Pros and Cons   Collaborative economy and micropreneurship are among the most talked of topics of the decade. Micropreneurship and microfinance, both are related to collaborative consumption and sharing economy. Microfinance refers to financial aid in the form of financial products and services for the economically backward. This sector has seen dramatic growth…