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    Chapter

    Introduction

    The managing-agency system dates back to the 1830s, when the East India Company lost its monopoly, and individual private trading was permitted. Former East India Company personnel formed partnerships and crea...

    Stephanie Jones in Merchants of the Raj (1992)

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    Chapter

    War and Nationalism, 1939–47

    By the mid-1940s, the impact upon the British Managing Agency Houses of the impending political changes in India was clearly visible, in the form of lack of motivation, confidence and no fresh investment. In c...

    Stephanie Jones in Merchants of the Raj (1992)

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    Chapter

    Reorganisation and Adaptation, c. 1950s

    The 1950s were a period of slow but determined change for the managing agencies. Although much of the government legislation directed against the managing agencies which was enacted in this period failed reall...

    Stephanie Jones in Merchants of the Raj (1992)

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    Chapter

    Formal Indianisation and After, 1976–91

    Since the Foreign Exchange Regulations Act (FERA), all the managing agencies have undergone almost total change, but to a surprising extent, much evidence of the past remains. This is still apparent in the ret...

    Stephanie Jones in Merchants of the Raj (1992)

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    Chapter

    Conclusions

    How do the ‘Merchants of the Raj’ — of yesterday and today — sum up what the managing-agency system achieved? There is an overall feeling that the success and value of the system depends on the context of the ...

    Stephanie Jones in Merchants of the Raj (1992)

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    Chapter

    The Historical Background, c. 1840–1939

    The period from the origins of the major managing-agency houses to the eve of the Second World War saw their emergence, expansion, and the beginning of their decline. They established their businesses in tradi...

    Stephanie Jones in Merchants of the Raj (1992)

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    Chapter

    Independence and Partition, 1947–9

    At first, Independence and Partition seemed to make little difference to the operation of the managing agencies, even those whose assets were split between India and what became Pakistan and East Pakistan — an...

    Stephanie Jones in Merchants of the Raj (1992)

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    Chapter

    The Beginnings of Indianisation, c. 1960–76

    After a decade of India’s political independence, and after a wide-ranging series of changes in Indian company law, the pressures upon the British merchant groups of Calcutta to seek closer links with Indian e...

    Stephanie Jones in Merchants of the Raj (1992)

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    Chapter

    The Future

    Two questions keep crop** up again and again in the context of the ex-managing agencies and their continuing role in India, and especially in Calcutta:

  10. concern over the future pr...

  11. Stephanie Jones in Merchants of the Raj (1992)

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    Chapter

    International trade: concepts and strategy

    This chapter explains how developments in international trade theory influence our understanding of the changing pattern of competitiveness at the levels of the country, the industry and the firm. There is emp...

    Edgar P. Hibbert in International Business (1997)

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    Chapter

    The international business environment

    The operating environment for the business is the keynote in the first part of this chapter, with an explanation of how environmental analysis can be used to identify new business opportunities through approac...

    Edgar P. Hibbert in International Business (1997)

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    Chapter

    Planning for international expansion: the link between strategy and operations

    This chapter deals with operational aspects following the consideration of strategic options in Chapter 4. Key criteria for setting and implementing corporate objectives and marketing strategies are discussed,...

    Edgar P. Hibbert in International Business (1997)

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    Chapter

    Managing international operations

    The extent of the responsibilities and tasks of global management is addressed in this chapter, beginning with an explanation of what makes an effective global manager; Case examples illustrate some of the key...

    Edgar P. Hibbert in International Business (1997)

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    Chapter

    International business: concepts and organisation

    This chapter explains how companies develop international operations through direct exporting and then investing overseas, and the implications for management. The key point here is that internationalisation i...

    Edgar P. Hibbert in International Business (1997)

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    Chapter

    International business strategy

    This chapter builds on the foundations laid by the first three chapters by explaining the nature of competitiveness at the strategic and global levels. It discusses the formulation of competitive strategies in...

    Edgar P. Hibbert in International Business (1997)

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    Chapter

    Financial aspects

    Companies need finance to grow, and the raising of finance for international expansion is an important focus in this chapter. The first section deals with foreign direct investment (FDI), the criteria and the ...

    Edgar P. Hibbert in International Business (1997)

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    Chapter

    Develo** international marketing

    This chapter is concerned with the implementation of the global marketing programme: it follows logically from the research aspects discussed in Chapter 3, and the strategic planning aspects covered in Chapter...

    Edgar P. Hibbert in International Business (1997)

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    Chapter

    The Learning Business: Models for Evolving the Knowledge-Creating Company

    This is the learning business. In this chapter we will learn how we learn before turning to issues of change. Peter Senge in The Fifth Discipline (1990) is credited with establishing the first framework for the l...

    Clive Morton in Beyond World Class (1998)

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    Chapter

    Strategic Change in Practice

    In April 1994 I joined Rolls-Royce Industrial Power Group as Board member for personnel - an opportunity to return to manufacturing after my spell with Northern Electric Pic (the change programme was detailed ...

    Clive Morton in Beyond World Class (1998)

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    Chapter

    Beyond Change. The Role of Leadership and Strategy

    In Chapter 1 we looked at how individuals and teams made the learning organization. This theme was then developed into how companies could create knowledge for competitive advantage. To capitalize on knowledge...

    Clive Morton in Beyond World Class (1998)

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