Monday, September 07, 2009
Wednesday, September 02, 2009
Indian way of doing Business
Three contractors are bidding to fix a broken fence at the White House
in D.C. One from Bangladesh, another from India and the third from
China.
They go with a White House officer to examine the fence.
The Bangladesh contractor takes out a tape measure and does some
measuring, then works some figures with a pencil. "Well", he says, "I
figure the job will run about $900. ($400 for materials, $400 for my
team and $100 profit for me)".
The Chinese contractor also does some measuring and figuring, then
says, "I can do this job for $700. ($300 for materials, $300 for my
team and $100 profit for me)".
The Indian contractor doesn't measure or figure, but leans over to the
White House official and whispers, " $ 2,700."
The official, incredulous, says, "You didn't even measure like the
other guys! How did you come up with such a high figure?"
The Indian contractor whispers back, "$1000 for me, $1000 for you, and
we hire the guy from China to fix the fence."
Done!" replies the government official.