Indian Economic Reforms of 1991 and Infosys
18 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What guiding principle did the co-founders of Infosys emphasize by mentioning Abraham Lincoln's words?

  • Fostering a culture of entrepreneurship
  • Maximizing profits at any cost
  • Building a company of professionals, for professionals, and run by professionals (correct)
  • Following trends set by other industries

Based on the text, what is emphasized as the core corporate asset at Infosys?

  • Professional employees (correct)
  • Real estate properties
  • Financial investments
  • Technological infrastructure

What were the essential ingredients for global success in customized software development in India?

  • Large population and cheap labor
  • Government subsidies and tax breaks
  • English-speaking technical talent and strong work ethic (correct)
  • High export tariffs and protectionist policies

How did the founders of Infosys ensure there was no asymmetry of benefits between founder-employees and other employees?

<p>By avoiding any transaction that created such asymmetry (C)</p> Signup and view all the answers

What did the founders of Infosys believe was the first duty of a corporation?

<p>To uphold respect and dignity for the individual (C)</p> Signup and view all the answers

What belief about market capitalization does Infosys hold according to the text?

<p>Market capitalization becomes zero after working hours end at 6 pm (B)</p> Signup and view all the answers

What lesson does the author suggest can be drawn from the Indian experience with economic reforms?

<p>Free trade can bring great benefits to society. (C)</p> Signup and view all the answers

According to the passage, what was the impact of the Indian economic reforms of 1991 on the Indian business context?

<p>It shifted the focus from state-centered control to a free, open market orientation, at least for hi-tech companies. (D)</p> Signup and view all the answers

What is the main theme or message that the author is trying to convey through the discussion of Infosys' experience?

<p>The global impact and benefits of free trade and open markets. (A)</p> Signup and view all the answers

What does the quote from Martin Luther King Jr. suggest about the author's view on the importance of a company's values and principles?

<p>A company's true measure is not in its moments of success, but in how it handles challenges and controversies. (B)</p> Signup and view all the answers

What is the significance of the quote from Louis Pasteur in the context of the passage?

<p>It suggests that Infosys was able to leverage the opportunities presented by the economic reforms. (A)</p> Signup and view all the answers

According to the passage, how does the author view Infosys' role in the Indian economic reform process?

<p>Infosys was able to leverage the positives of liberalization and has never looked back. (C)</p> Signup and view all the answers

What was the initial seed capital that the seven founders of Infosys struggled to put together?

<p>$250 (B)</p> Signup and view all the answers

Which quality was abundant in the founders of Infosys according to the text?

<p>Confidence (A)</p> Signup and view all the answers

What was key to enthusing generation after generation of employees in Infosys?

<p>Powerful vision expressed as a simple sentence (D)</p> Signup and view all the answers

What was the overarching vision of Infosys as described in the text?

<p>To be a globally respected software corporation providing best-in-class business solutions employing best-of-bread professionals (A)</p> Signup and view all the answers

Who was instrumental in helping the founders of Infosys raise their initial seed capital?

<p>Bankers (A)</p> Signup and view all the answers

Which quality did Eleanor Roosevelt's quote highlight in relation to Infosys' founders?

<p>Belief in the beauty of dreams (B)</p> Signup and view all the answers

More Like This

Indian Economic Reforms Quiz
5 questions
Overview of Indian Economy
8 questions

Overview of Indian Economy

RedeemingGothicArt143 avatar
RedeemingGothicArt143
Indian Economic Reforms 1991 Quiz
26 questions
Use Quizgecko on...
Browser
Browser