Patanjali Worksheet Questions.pdf - Name Xianya Zhang Date:14.03 Patanjali Worksheet Patanjali is different from a typical Western MNC in the following

Patanjali Worksheet Questions.pdf - Name Xianya Zhang...

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Name: Xianya Zhang Date:14.03 Asian Business & Management Patanjali - Worksheet Patanjali is different from a typical Western MNC in the following ways Its profits are taken from India and used in India. Its main aim is not to make profit but to benefit others. Its operations were not limited to commercial activities but also included education, research, cattle protection, poverty eradication, and health. Patanjali’s success is a result of the following cultural, political, and economic factors Cultural: 1. Unique combination of Indian nationalism, yoga spiritualism and traditionalism 2. Employing traditional ingredients and formulations in most of its products . Political Having political convenience -not face some of the costs and delay confronted by typical businesses. Economic 1. Grasp the psychological and price demand of consumers 2. Price advantage and scale advantage 3. Lack of competitors 4. Large population and big potential market
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