1. How would you describe the culture of your family’s business?
The family business is based in India but most of the employees that are hired are from the south so there is some cultural difference. The cultural environment of the business is to mention transparency amongst the workers and the employers. the goal is to provide the medicines to those who can't afford as there is a significant gap in the market.
2. In what ways are your family’s purpose and values reflected in this business culture?
My family believes in giving and providing to the less fortunate thus our business aims to help those who are in need despite the inflation in our country. We also have many charitable campaigns and are planning to open our own dispensary soon that will not charge to those in need.
education and respect- we highly value those who are willing to study and research further and provide them ample resources to do so.
3. How does this stage of your family business’ lifecycle contribute, affect or erode the business and ownership dimensions of your business?
in this stage there is no lack of manpower because all the family members are working in the company. Everyone is highly responsible however there is red tapism in the company as there are too many departments in the company and there is lack of surety of whines responsible for which department.