"Is it possible to build an organization which is free of any fraud/frauds as far as India is concern? Strictly speaking, NO.
Well, let me start from scratch itself:
1] If you look at the Road side vendor, he/she must have regularly pays some amount of say 'INCENTIVES' to the cops or Municipality "Corporates".
If we go upwards, 2] Lets say the trading company or a small Organization who is involving in the 'trading OR manufacturing ' business. They will have to do activities like 'stealing themselves from the TAX (like VAT)', otherwise their certain percentage of Profit margin will go in hand of Finance Minister's
'FUND'.
3] Now, lets go to big Cos. and Organizations like, Colleges. For example my College, the seats approved by AICTE in our college for MBA-IT is 90 but total we are 97 students studying inclusive of foreign students. Isn't it a fraud?
There are so many examples of Corporate frauds...
Like, In ADAG there are the companies called 'Reliance BPO' and 'Reliance Technical Ventures'. But, what these companies are actually doing may be no one knows. Even in Wikipedia there are no any articles on them.
The Mobile Companies... If one has register for 'DND' messages and calls still they will get calls OR messages may be at least for one time in 3 to 4 months. I have experienced it. But, who cares about registering complaint in such a complex 'LAW Systems'??
Last but not the least, though the 'VENTURE CAPITALISTS' and 'BANKS' are there to expand the Business..
But, Is it possible to expand the Business without the help of OR rather say involvement of 'BABUS'?
So, to conclude, according to me, To run the Business we should learn how effectively OR rather say how secretly we can commit to be an UNETHICAL..
Well, It's my first blog on the blog site. So, your feedbacks are welcome so that I can work on it......
ReplyDeleteThamk you all...
i think u r write bro....
ReplyDeletebut u can find few organisation who r still making gud profit widout dis ..... in foreign country der is hardly any curruption .... its how u see d world .... wen u r writing something u shud also find out d other side of dat problem .... i dont know much abot business but while doing research we cant sat dat wat i think is correct n i hav to start ma research by saying wat i think is wrong n den i have to prove dat statment wrong... den only u can say dat wid confidence...... just read some concept abot so called as " null hypothesis " .... hope dis wil help u in future ... all d best ... keep writing.....
Hello Hardik,
ReplyDeleteThanks for your comments.
Well, Over here I am more aabout concerned with the business in India and I have mentioned it @ the start of the blog. However, if you consider the business outside india too (though i have not proof), there is some kind of unethical you may find.
Remember,Medolf (A Ponzi Scheme) ?? right now he is in USA Jail. Furthermore, I have sen many of the people doing business in India only. Many time, they do not commit fraud, but, they need 2be unethical to increase their profit margin.
And, that you will be only able to know (according to my knowledge) when you have some kind of business experience.
however, thank again for your valuable comments and keep reading my blogs. I will update them in 2 or 3 weeks.
Great thoughts you got there, believe I may possibly try just some of it throughout my daily life.
ReplyDeleteTop Hospitals in Ahmedabad