Friday, November 22, 2013

Business Plan- Gamestop Expansion to India

EXPANSION INTO BANGALORE, INDIA INTRODUCTION India is a country that is growing quick all(prenominal) day and has a growing grocery store in the diversion industriousness and currently the video entertainment industry does non have much competition (Ernest & Young, 2011). The median ripe(p) in India is 26 years old; which, the typical rollick age is 34 years old (The Gamer, 2010). The target securities industry and the growth for opening locations in India be ideal for GameStop. INDIA India is undecomposed-bodied in culture and is a growing country. The government is antiauthoritarian with a parliament. India has a constitution that defines their laws. There atomic figure of speech 18 cardinal (22) different languages spoken and that are recognized by the constitution. Hindi is the official language of the country; however, English by law is used for official purposes (India in Business, 2012). Religious and topic festivals are very important to th e Indian population. There are altogether three (3) national holidays: Republic day (January 26), liberty Day (August 15), and Gandhi Jayantij Mahatma/Gandhis Birthday (October 2). The religions that are practiced in India are Hindus (80.5%), Muslim (13.4%), and then the other religions (India in Business, 2012). India is a densely populated country and has potential for various market developments much(prenominal) as video gaming.
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According to the 2011 census bureau, India has 1210.19 million peck and Bangalore has over eight (8) million people. With 2011 growth estimates in India hovering surface 8.6%, India is considered one of the fastest grow! ing dynamic economies in the world. The literacy number is 74.04% and is increasing. Advantages to moving locations to India are a stable political environment, untapped market potential, reduction in import tariffs, and low mull costs (India in Business, 2012). India is a hierarchical society. Hierarchy defines everything in their lives, may it be in their family, at work, school, with friends, or in their religion. Order is maintained by...If you want to get a extensive essay, order it on our website: BestEssayCheap.com

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