Friday, December 20, 2019

Influence Of Early Childhood Educators - 1684 Words

The scope of this paper will be to compare the different roles that early childhood educators have in supporting the artistic development of children. The theorists Jean Piaget and Lev Vygotsky and their respective beliefs regarding the instructional practice of early childhood educators will be examined and critiqued. Additionally, this paper will explore what these theorists believe to be the most effective way to teach the visual arts to young children and what role the early childhood educator plays in supporting their development. In a discussion of Piaget, the constructivist theory will be explained and connected to the visual arts education. The socio-cultural theory and social development theory will be closely examined when†¦show more content†¦Kaufman and Beghetto (2014) further suggest that creativity can be fostered in children to a certain extent by providing them with opportunities to express their own unique ideas. The first theorist that will be explored in this paper is Jean Piaget and his theory of constructivism as it applies to visual arts education. The constructivist approach, as explained by Thompson (2015), recognizes that children are naturally curious and eager to explore and learn from their surroundings. Children are actively involved in their learning and when they interact with their environment, it is their experiences that help shape their knowledge and understanding of the world. Thompson (2015) states that the early childhood educator’s primary role in teaching the visual arts is to observe children as they engage in activities. According to Piaget, the educator has a more hands-off role when teaching the visual arts to young children which allows the children to be more self-directed in their learning (Thompson, 2015). In his work, Piaget argued that children need to be provided with experiential learning opportunities and it is the teachers job to act as a facilitato r and help to guide the student’s learning (Thompson, 2015). Piaget also stated that children do not learn through direct teaching methods where the early childhood educators are transmitting knowledge to the students, rather,Show MoreRelatedInfluences Of An Early Childhood Educator1202 Words   |  5 PagesPart B: How does this impact you as an early childhood educator? Your response should be specific and demonstrate that you can make links from the theoretical bases (readings) to the practical situation (your centre’s practice). Here you should make some connections with current professional documents (for example, NQS EYLF in Australia). Suggestions for practice should be developmentally sound and acknowledge (1) the likely diversity of needs that will exist in any group of children and (2) equityRead MoreGood Communication Skills are Essential for Early Childhood Education1306 Words   |  6 PagesGood communication skills form a critical element of early child hood education. Communication consists of two main styles: Verbal and non-verbal. These styles of communication form the foundation of effective teaching and learning within the early childhood forum. A good early childhood educator will enhance learning and development with an extensive knowledge of both the verbal and non-verbal elements of communication. An early childhood educator will understand what constitutes good communicationRead MoreLeadership Of A Leader And A Manager1302 Words   |  6 Pagesâ€Å"Understanding leadership in early childhood has been plagued by its confusion with the concept of management† (Rodd, 2013, p. 19). The quotation highlights the overlapping of different roles of leadership and management. It is true in respect that people misunderstand the true nature, roles and responsibilities of both the roles because the educational leaders play the role of manager in early childhood setting and the managers perform the duties of educational lea der. The following essay will discussRead MoreAustralian Government Policies, Initiatives And Legislative Requirements1075 Words   |  5 PagesDue 20th June, 2016, 1500 words (10% leeway +/-) Includes intext references. Explore Australian government policies, initiatives and legislative requirements and analyse how these documents influence curriculum, promote quality care and support the achievement of high quality outcomes for young children in Early Learning contexts. Introduction 200 words l Overview of the situation and identification of key issues. In 2012, the National Quality Framework (NQF) was introduced by the Australian GovernmentRead MoreDevelopmentally Appropriate Practice1675 Words   |  7 Pagesthis question, we must first review the history of Developmentally Appropriate Practice (DAP) and Early Childhood Education (ECE). Although ECE has been around since the creation of kindergarten in the 1800’s, the decade of the 1980’s was an important period for ECE. â€Å"By the 1980’s, meta-analysis of the well-designed US projects offered compelling evidence on the positive outcomes of [early childhood education and intervention]† (Woodhead, 2007). Therefore, there was much pressure to improve the stateRead MoreEarly Education For Children : Early Childhood Educator1408 Words   |  6 PagesEarly education for children is very crucial as it helps shape up the foundation of their knowledge and behavior development process. Children begin to develop the sense of curiosity from the age of two. And from age 2-8, children go through a very crucial period of mental development, which shapes up their future mindset (Grayson, 2016). Early children education (ECE) has been listed as the number one priority of the National Association of Education. The teachers or educators at nursery and primaryRead MoreReflection On Early Childhood Education1198 Words   |  5 Pagesreflect on the past eight weeks, my insights on Early Childhood Education have given me a better understanding of issues and trends in Early Childhood Education. As I mastered this course, I have also become more knowledgeable and understanding of the needs of children and families in my community. Another way that I have been strengthened was through discussions and sharing blogs with my colleagues. On the other hand, researching professional early childhood education topics and viewing multimedia presentationsRead MoreEssay On Early Childhood Education1498 Words   |  6 Pages Early childhood educators teach stu dents within pre-school programs, kindergarten programs and ultimately through the second grade. Educators influence our children in order to become fully prepared for the future generation. It has been stereotyped that these educators may teach simple topics; however, these particular concepts are the fundamentals toward a child’s emotional and academic growth. The use of social skills within a classroom environment potentially results in not only the students’Read MoreThe Primary Limitation Of Leadership1586 Words   |  7 Pagesmatch the leader (Leadership-Central, 2014). Models of leadership help early childhood educator to understand the factors, which highlight effective leadership. A model is a significance framework for categorizing required features or factors. It also oversimplifies a very complex idea that can be supportive for understanding important components and believed factors (Rodd, 2013). Leadership is nothing but the capability to influence people towards the achievement of goals. The leadership qualities comeRead MoreCommunication in Early Childhood1450 Words   |  6 Pagesskills of language and speech to enable the sharing of information, knowledge and feelings with others. Early childhood educators have an important job to nurture and support the development of communication in children. Communication skills are required in order to deliver the right message and convey it properly to the child. These involve body languages and facial expression. Without this, an educator loses the connection with a young child since one appears to be cold. As an example, when one smiles

Thursday, December 12, 2019

The Usage of ICT in Business Operation-Free-Samples for Students

Question: Discuss about the Usage of ICT in Business Operatin of travel agency. Answer: Introduction ICT application in travel agency bolsters the effective working of enterprises since it accelerates administration techniques and updates both effectiveness and nature of monetary operations performed in an enterprise. The presentation of information technology advances taking a better favourable position of the resources at the disposition of a travel agency, when in fact their quick improvement forces the requirement for revamping enterprises and making expenses. This report will feature the utilization and estimation of ICT in business operations of a travel agency. The usage and value of information and communication technology in the business operation of a travel agency More productivity: The report highlights that ICT has opened new routes for connections between the individuals from the marketing channels, and newly management solutions that improve these connections (Bern, et al., 2015). The report also highlights the intensity of data trade among organizations working in a similar distribution channel has prompted more prominent productivity, as expanded data trade features shared interests and shared objectives, which thusly encourage cooperation (Spralls et al., 2012). Fulfill customer needs: The report likewise grandstands that ICT offers simple access, continuously, to information and data let to expedient recognizing evidence of purchase needs and in accomplishing potential clients with expensive, altered and exceptional information (WTO, 2015). The report also showcases how ICT fosters better approaches to fulfill shopper needs, as it takes into account an "informatization" of the whole travel and tourism value chain bringing about various value-added procedures, such: value extraction, value expansion, value catch, and value creation (Werthner Ricci, 2014), perhaps attributable to the Dynamic Packaging Tool, which stretches out customization ICT makes chances to outline new traveler services and items addressing individual needs. Providing advanced customer service: The report additionally includes that ICT empowers value co-creation as the 'joint making of significant value by the organization and client', ICT makes travellers more educated, requesting, engaged and dynamic part in arranging, outlining and detailing of services and items, travel agencies can utilize customer learning to make their offers from one perspective and shouldn't disregard travellers as a critical piece of traveler value chain on the other side. Giving the huge scope of data in brief time ICTs contribute the higher visitor fulfillment and enhance the tourist benefit execution and quality (Ashari et al., 2014). Enhance Better coordination with customers: According to the author, it encourages visitor organizations to increase upper hand inferable from: an entrance to solid and exact data or to extensive size and worldwide market, the bigger piece of the overall industry, the building nearer associations with providers and clients, the keeping up cost initiative in the market or/and the separating and enhancing their items (Buhalis, 2013). ICT empowers advancement and dispersion traveler items direct to the consumers, lessening reliance on the intermediaries and sales commission paid for go-betweens and coordinate and almost for nothing out of pocket access to data, ICTs reduce exchange costs and making higher incomes possible. Conclusion The directed research shows the distinctions in the watched points of interest and boundaries for ICT usage by tourism ventures, which may speak to the impact of both the particular idea of performed exercises and the offered item. In the opinion of the authors, the recognized hindrances can be balanced in different ways. One of them is starting local participation of travel agencies following the equation of a tourism group. Cooperation in such group permits lessening the hazard and cutting the expenses of ICT execution by many accomplices participating in it. References Ashari, H.A., Heidari, M. Parvaresh, S. (2014). Improving SMTEs business performance through strategic use of information communication technology: ICT and tourism challenges and opportunities. International Journal of Academic Research in Accounting, Finance and Management Sciences, 4 (3): 120. Bern, C., Garca-Gonzlez, M., Garca-Ucedac, M.E. Mgica, J.M. (2015). The effect of ICT on relationship enhancement and performance in tourism channels. Tourism Management, 48 (June): 188198. Buhalis, D. (2013). e-Tourism: Information technology for strategic tourism management. London: Pearson. Spralls, S.A., Hunt, S.D. Wilcox, J.B. (2012). Extranet use and building relationship capital in inter-firm distribution networks: the role of extranet capability. Journal of Retailing, 87 (1): 5974. Werthner, H. Ricci, F. (2014). E-commerce and tourism. Communications of the ACM, 47 (12): 101105. WTO (2015). Guidelines for the transfer of new technologies in the field of tourism, Madrid: World Tourism Organisation.

Wednesday, December 4, 2019

Potential and Opportunity Foreign Direct Investment

Question: Discuss about the Potential and Opportunity for Foreign Direct Investment. Answer: Introduction: According to the International Monetary Fund, India is one of the fastest growing economies in the world. Similarly, an economic survey between 2015 and 2016 suggests that its growth will continue at beyond 7 percent in the preceding 2016-2017 financial year regardless of the uncertainties in the global market (Overview 2016). Additionally, India has been ranked as the nation with the highest consumer confidence globally. Primarily, the improvement in the countrys economic performance is attributed to the combined effort of strong government reforms, benign global commodity prices, and RBIs inflation focus. Since its independence, the nation has brought about a landmark of the agricultural development that has significantly transformed the nation from over reliance on imports to a net exporter. As a result, the life expectancy in the country has doubled. Similarly, the literacy levels have improved and increased tremendously. Health conditions have also improved. Over time, a significant middle class has developed in the country. Today, India is home to internationally recognized companies in sectors such as the pharmaceuticals, information and space technologies and even the steel industry (India Economic Review 2016). Additionally, the country is developing a voice on the international stage. There are also many foreign companies that have moved their operations to India. This is attributed to the numerous initiatives in the country such as the Digital India and the Make in India Initiative. The Make in India program formed with the goal of improving the manufacturing sector of the Indian economy. Over time, the program is expected to enhance the purchasing power of the average consumer. In turn, this would enhance demand and lead to economic growth. Likewise, the Digital India initiative emphasizes on the establishment of digital infrastructure, increase digital literacy and deliver services digitally. Furthermore, the Indian government has created various plans for the resolution and reforms of the pending tax disputes. In turn, this has created a platform to reform tax problems and encourage investors to invest in the country. It is noteworthy that the government has completed the double taxation avoidance agreement negotiations with the Government of Cyprus (India Country Profile 2016). The aftermath of these negotiations is expected to enhance greater development in business and economic relationships among the two nations. The Union cabinet has sanctioned the launching of a Funds for Funds Startup that would extend financial support to startups to boost private enterprise in India. Additionally, the Indian government has marked sustainability as a key objective in the development of India. In order to achieve this, the government has instigated initiatives to encourage skill development, education, entrepreneurship and digital connectivity in a sustainable manner. Further, the Indian government intends to build new railway links with countries such as Nepal. In the long run, such links will boost the nations economic ties with neighboring countries and promote prosperity, sustained growth, and employment in the region. The Political Economy of India The political economy of India gradually transformed with the liberalization of its economy during the 1990s (Bideleux 2013). However, before liberalization, the countrys development was based on the socialist-inspired policies that were prominent after independence. At the time, the economy was characterized by state ownership of various sectors, red tape, and strict regulations. Today, the country has transformed into a market-based system. The system now focuses on public sector reforms, the removal of labor regulations, agricultural advancements, rural development and national reforms. The Indian political economy also includes reforms for the construction of a network of highways. The liberalization of the economy of India was instigated in the 1980S by Prime Minister Rajiv Gandhi. In 1991, the IMF denied India funding due to its inability to repay its loans. As a result, the prime minister came up with new reforms to encourage growth in the country. The new reforms opened the path for easier international trade, privatization of industries, foreign investments, and deregulation policies. In addition, inflation control measure and tax reforms were created. Since then, liberalization in India has remained the same regardless of the party that heads the government. It is, however, noteworthy that no reforms have been made to the labor laws or the reduction of agricultural subsidies. India is among the largest democracies and is governed by a federal government administration. The political environment is mainly influenced by aspects such as government policies, politicians interests, and the ideologies of several political parties. In this regard, the business environment is affected by many political factors. Its taxation system is imposed governed by the Union Government. The main form of taxes includes service tax, sales tax, and income tax. The local authorities govern and control the collection of taxes such as sales tax and octroi. Privatization is also a component of the political environment, but the government emphasizes on free trade through various programs. Socio-cultural factors in India The general agreement among experts is that the socio-cultural impact on the general behavior and nature of the people of India is significant (Shivani, Mukherjee Sharan 2006). The country has an incessant history that is greater than 3000 years with strong historical and cultural roots. Religion is a crucial and vital part of the Indian culture. Therefore, businessmen must respect religion in order to conduct business in this country successfully. The idea of Karma remains significant in business decision making and has great influence on the peoples perception of time. For this reason, negotiations are done carefully and may take longer than those in other countries. In addition, Indians are more receptive to the idea of hierarchy and power distance that may prevail among a group of people. Business interactions are often indirect, and participants strive to maintain peace. The Indians appreciate punctuality. Often, business appointments are organized for an early afternoon or late morning. During negotiations, deadlines are not rushed, and impatience is regarded as disrespectful and aggressive. Normally, business meeting begins with friendly small talk that may include personal questions (Venkatesh 1994). This is usually the case to build trust and understanding before embarking on serious business. Typically, disagreements during business meetings are not expressed directly. Instead, non-verbal cues and other forms of indirect communication are employed. Technological Influences in India Indias technological background is a major driving force in the achievements of the country. The government of India has installed a strategic plan whose primacy is the expansion of research and development in Indian universities. In turn, this creates great prospects in the scientific fields of study. As at 2013, India was the last among the BRIC countries with a gross expenditure of less than 1 percent in the field of research and development. However, the low costs and strong support for RD through progressive legislation has made India a great place for the investment of RD. A study analyzing the exports of technology in developing nations ranked India as the most profound and diverse with regards to capability and basic design of products. By and large, India has the capability to offer the operating knowledge to set up and operate industries. It can also provide the design and manufacture of the plant and equipment designed according to the specifications of the client. As such, India possesses both the know-how and know-whys of technological innovations. The nation's achievement are viewed as great due to the fact that India seems to have the least dependence on foreign technology (Mallampally Saunavent 1999). India is also has 3G and 4G connectivity. It is this form of technology that has facilitated technological projects in the country. Besides, the nation has one of the strongest Information Technology (IT) sectors in the world. Consequently, this ensures that there are continual IT development, technological improvements, and software upgrades within the nation. Additionally, the intensive national transportation system act as a significant factor in boosting trade in the country. Recently, India attempted to launch their satellites into space. Natural Resources and Factor Endowments that Create Competitive Advantage Today, India remains as one of the fastest emerging economic power having a great endowment of both the natural and human resources. The main factor endowments that have contributed to the countrys economic growth include the natural resources, human resources, capital formation and technology. The human resources in India comprise of the labor supply, education, and motivation among the skilled and unskilled labor force. On the other hand, natural resources in India includes factors such as land, minerals, environmental quality and fuels. Capital formation refers to the availability of roads, machines and factories in the country for production purposes. Lastly, technological endowments refer to factors such as science, engineering, entrepreneurship and management factors (Resources in India 2016). It is noteworthy that India contains a multitude of resources and its economy is heavily dependent on their export and consumption. Land that can be cultivated is approximated as being about 56.78 percent of Indias total land mass (Resources in India 2016). In addition, the nation is endowed with the fourth largest coal reserve in the world. It also has iron ore, zinc, manganese ore, diamonds, natural gas, and chromite. Indias oil reserve in Bombay High and in eastern Assam provide and meets 25 percent of the domestic demand (Resources in India 2016). In addition to the minerals, the nation is endowed with great forest products. It is the possession of these factors of production that allow the country to produce goods and services for local consumption and export at a low cost (India 2016). This, in turn, gives the country competitive advantage against other countries that lack resources. Foreign Currency and Exchange Influences Transactions of foreign exchange in India are more relaxed with the Foreign Exchange Management Act, 1999 (FEMA). The Act was set into operation in June 2000 (Patel et al. 2014). Today, foreign exchange dealers in India have the power and mandate to make all forms of transfers in foreign exchange with respect to the prevailing rules. Initial, the requirements necessitated that exchange dealer to seek permission from the Reserve Bank of India have been eliminated for a majority of the foreign exchange transactions. Furthermore, the exchange bureaus and authorized foreign exchange dealers can buy from and sell to public foreign currency coins and notes at the prevailing rates of exchange as determined by the market conditions (Chand 2016). Similarly, exchanges of foreign currency between authorized dealers and money changers are also done at the rates determined by market conditions (Chand 2016). The rate of exchange is determined by various factors in the market. Inflation rates, the prevailing interest rates, the countrys balance of payments and government debt may decrease or increase the value of the Indian rupee against other nations currencies. Similarly, economic recessions, speculation, and political stability may influence the exchange rate. Policies, Incentives, and Barriers to FDI in India FDI has become a vital source of private external finance for most developing nations. In India, there are various policies put in place with regard to FDIs in the country. The attitude towards inward FDI has changed over the past years, and India has liberalized its policies to entice the investments from foreign firms (Dadush 2013). The expectation is that FDI will lead to increased levels of employments, tax revenue, and even exports. As a result, India offers incentives to encourage foreign firms to invest within India (Framework 2016). The enticements include preferential loans to MNCs, grants, market preferences and infrastructure. For highly efficient firms, they are provided them with monopoly powers (Incentives 2016). Trade Barriers Regardless of the Incentives, there are trade barriers that may discourage FDI in India. Particularly, trade in India is characterized by many bureaucratic delays, corruption, and inadequate infrastructure. Also, the cultural differences between the foreign firms and the local people may pose a significant challenge for foreign investors. In addition, the nation has significant tariff barriers that may discourage FDI (Trade Barriers 2010). As such, tariffs vary from one sector to another. There are also non-tariff barriers that may hinder trade. Although tariff rates have reduced over time, they are still high compared to other countries. India is also characterized by extremely high levels of import duties of approximately 180 percent (Bimal 2014). There are also import restrictions and prohibitions on certain items of trade. Therefore, certification may be required before a foreign firm completely starts its operation in India (Bimal 2014). In addition, India is associated with exit barriers for firms and strict labor laws that may be very harsh for FDI. What is more, the poor quality infrastructure in the country and the limited scale of EPZs may make the country an unappealing investment destination for foreign direct investment (Bajpai Sachs 2000). Recommendations The economic conditions in India are promising and have prospects for improvement. To maintain this situation, the government has to focus on convincing foreign companies and private investors that are unlikely to consider any form of investment in the country that India is the best investment destination (Panagariya 2008). It should also nurture the already existing foreign investors in the country and plan to continue to build a positive working and operational environment for these firms. Most importantly, India should reconsider its trade barriers and purpose to remove the most stringent barriers that may discourage FDI in the country. This way, India will guarantee that the country will be a favorite destination for FDI. Today, India boasts a vibrant private and public sector of business that is continuously attracting foreign direct Investment. It is one of the fastest developing economies in the world. Forecasts show that its GDP is expected to continue growing due to better policy reforms, lower food prices, and increased investor confidence. India has been proactive in implementing programs and initiatives that encourage economic growth in the nation through trade agreements and alliances, infrastructural change, and incentives for FDI in the country. Consequently, numerous foreign companies are setting up their operations in the country. The standards of living have also improved, and a middle class of citizens has emerged. Even so, there are various barriers to trade in India that may pose significant barriers to FDI in India. As such, the country has stringent trade policies with regards to imports and imposes high tariffs and import duties on imports. There are also many restrictions and barriers to exit that may restrict foreign companies operations in India. Additionally, strict labor laws in India may act as a disincentive for foreign investors to move their production operations to the country. Apart from the barriers, there are government incentives set in place to encourage FDI. Incentives include grants, monopoly power, and even market preferences. Today, India stands out as an attractive destination for FDI with great prospects for growth and high profitability. References Bajpai, N., and Sachs, JD (2000). Foreign Direct Investment in India: Issues and Problems. [Online] Columbia University Libraries. Available from: https://academiccommons.columbia.edu/catalog/ac:123752 [Accessed 9 Dec. 2016]. BBC News (2016), India country profile [Online] Available at: https://www.bbc.com/news/world-south-asia-12557384 [Accessed 9 Dec. 2016]. Bideleux, R (2013), India's Political Economy: a Cultural Perspective. [Online] Academic Foresights. Available at: https://www.academic-foresights.com/Indias_Political_Economy.html [Accessed 9 Dec. 2016]. Bimal, S (2014). Time to break down investment barriers between India and Pakistan. [Online] East Asia Forum. Available at: https://www.eastasiaforum.org/2014/06/27/time-to-break-down-investment-barriers-between-india-and-pakistan/ [Accessed 9 Dec. 2016]. Chand, V (2016). Foreign Currency Exchange - India. [Online] NRI Information. Available at: https://nriinformation.com/articles2/foreign_exchange.htm [Accessed 9 Dec. 2016]. Dadush, U (2013). Incentives to Attract FDI. [Online] Carnegie Endowment for International Peace. Available at: https://carnegieendowment.org/2013/05/01/global-agenda-council-on-global-trade-and-fdi/ [Accessed 9 Dec. 2016]. Global Trade (2010). Trade Barriers in India. [Online] Available from: https://www.globaltrade.net/f/business/text/India/Trade-Policy-Trade-Barriers-in-India.html [Accessed 9 Dec. 2016]. Global Trade (2010). Trade Barriers in India. [Online] Available from: https://www.globaltrade.net/f/business/text/India/Trade-Policy-Trade-Barriers-in-India.html [Accessed 9 Dec. 2016]. India Brand Equity Foundation (2016), India Economic Review [Online] Available at: https://www.ibef.org/economy/indian-economy-overview [Accessed 9 Dec. 2016]. India Net Zone (2016), Resources in India [Online] Available at: https://www.indianetzone.com/40/resources_india.htm [Accessed 9 Dec. 2016]. Mallampally, P Sauvant, KP, 1999, Foreign Direct Investment in Developing Countries, Finance and Development, vol. 36, no.1, pp 20. Available from International Monetary Fund [Accessed 9 Dec. 2016]. Ministry of Foreign Affairs of Denmark (2016). Framework conditions and barriers. [Online] Available at: https://indien.um.dk/en/the-trade-council/india-as-a-market/framework-conditions-and-barriers/ [Accessed 9 Dec. 2016]. OECD (2016). Incentives for attracting foreign direct investment: An overview of OECD work. [Online] Available at: https://www.oecd.org/daf/inv/investmentstatisticsandanalysis/incentivesforattractingforeigndirectinvestmentanoverviewofoecdwork.htm [Accessed 9 Dec. 2016]. Panagariya, A (2008). What India must do to modernize. [Online] VOX CEPRs Policy Portal. Available at: https://voxeu.org/article/why-india-lags-behind-china [Accessed 9 Dec. 2016]. Patel, PJ, Patel NJ, Patel AR, 2014, Factors affecting Currency Exchange Rate, Economical Formulas and Prediction Models, International Journal of Application or Innovation in Engineering and Management, vol. 3, no. 3, pp. 1-4. Shivani, S, Mukherjee, SK, Sharan, R, KP, 2006, Socio-cultural influences on Indian entrepreneurs: The need for appropriate structural interventions, Journal of Asian Economics, vol. 17, no.1, pp. 7-12. Available from Science Direct [Accessed 9 Dec. 2016]. The Economist (2016), India [Online] Available at: https://country.eiu.com/India [Accessed 9 Dec. 2016]. The World Bank (2016), Overview [Online] Available at: https://www.worldbank.org/en/country/india/overview [Accessed 9 Dec. 2016]. Venkatesh, A (1994), India's Changing Consumer Economy: a Cultural Perspective. [Online] Association for Consumer Research. Available at: www.acrwebsite.org/default.aspx [Accessed 9 Dec. 2016].