We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

International Management: Tata - Book Report/Review Example

Comments (0) Cite this document
Summary
International Management: Tata Name: Course Name Date 1.0 Source Problems Tata is a multinational company that is run by Ratan Tata. The company has embarked in a concerted effort that has seen it gain control of different industries in takeovers and buyouts…
Download full paperFile format: .doc, available for editing
Polish This Essay94.2% of users find it useful
International Management: Tata
Read TextPreview

Extract of sample
"International Management: Tata"

Download file to see previous pages 2.0 Secondary Problems The company has not fully utilized the mills it acquired including the one in Port Talbot, Wales. The absorption of the Corus Group means that the margins of the group will reduce as it has inherited a $7.4 billion debt. Tata is currently involved in corporate social responsible initiatives that burden it. The major question for analysts is whether this manoeuvre is sustainable in the future or whether the costs will be cut once the current chief executive has retired and when the boom in the economy slows down1. Another indicator of the problems that surround the company is the failure in some of its investments. Short Term problems There are a few problems that face the company in the short term. These include: The underutilization of some of its assets including the steel mill in Port Talbot, Wales The underutilization of the vast resources including labour and raw materials in the country. The lack of marketing initiatives for the marketable brands. Reluctance to open up new markets in developing economies as well as the lucrative markets in the West. Long Term problems There are problems that have dogged the company for many years and need addressing. They include: The reduction in the number of products that the company produces and which are not performing as to the envisaged standards. The lack of an organisational structure that can aid the company in management in the future The presence of business entities that are not profitable and add the least value to the Tata brand and range of products and services. 3.0 Analysis Ratan Tata has driven the business from a modest one into one of the most reputable companies in and outside India2. He has been the brainchild behind the success that the company now enjoys3. His efforts have been on the production low cost products for the betterment of the poor. The worry is that if he leaves, then his successor, whom he is working with for a year, might abandon such projects and concentrate only on high-end brands in order to spin off during tougher times. The sayings that “if it is not broken then don’t fix it” can apply perfectly once the successor assumes the mantle at Tata. The system that has been adopted by the company has worked well in propelling it to the heights it is at presently. The successor should therefore follow with the same model of operation while looking for areas where improvements might be required. India is the second largest country in the world in terms of population. Therefore, the company should aim at maximizing the opportunities that are present in the domestic market. Its strategy in the domestic market has been the production of low cost products using cheap labour. If the population at the disposal of the company was to be fully utilized, then, the company would produce more low cost products for the domestic markets. The company uses the domestic scene as a source of raw materials. This is the reason why it mines metal ore in the country and then ships it to other countries for processing and manufacture. A strategy should be in place to ensure that the domestic market is utilized with both high end and low cost products being widely marketed and sold. Tata Company acquired Ford’s Jaguar brand as well as Land Rover. Undoubtedly, these brands will improve the company’s portfolio in the market but could face an uphill task in the resurgence of the brands to global prominence4. Currently, the company has not built the capacity to produce products along the needs of the global citizens ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“International Management: Tata Book Report/Review”, n.d.)
International Management: Tata Book Report/Review. Retrieved from https://studentshare.org/management/1441295-international-management-case-analysis-report
(International Management: Tata Book Report/Review)
International Management: Tata Book Report/Review. https://studentshare.org/management/1441295-international-management-case-analysis-report.
“International Management: Tata Book Report/Review”, n.d. https://studentshare.org/management/1441295-international-management-case-analysis-report.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
International relations
This is according to author Kevin Bales in his book ‘Understanding global slavery: a reader.’ Bales’ understanding of global slavery is that there should be proper researched issues revolving slavery, when arguing of the virtues and the vices. His main aim being to end slavery, he cites ignorance as the main factor contributing to the issue of slaves.
7 Pages(1750 words)Book Report/Review
International trade- Book Review
It depicts the passionate attachment that the author has on a program he believes would eliminate extreme poverty from the world. The book examines Sachs’ crisis consulting in many countries around the globe that started in mid 1980s in Bolivia, then he worked with Poland in the late 1980s, Russia in the early 1990s and then with other countless countries.
6 Pages(1500 words)Book Report/Review
Evidence based management(problem statement is demotivation of staff in the workplace
The problem started with an incident where a worker named Jiya Lal was suspended after he had an argument with his supervisor. The main cause for this argument was that Jiya Lal’s reaction to the supervisor’s remark against his caste (Money Control, 2012).
8 Pages(2000 words)Book Report/Review
International and Strategic Marketing
Today, successful international marketing research is the basic source of information for businesses that want to craft effective product promotion strategies and timely respond to global market changes. This information provides the critical basis for
8 Pages(2000 words)Book Report/Review
Management
Tompkins cuts down the numerous number of management strategies to four models of management (Emerson, Menkus & Van Ness, 2010). He effectively explains the four models of management and how they could effectively implemented in any organization
1 Pages(250 words)Book Report/Review
Strategic International Business
Santander has not effectively established itself in the Asia, Africa and the Middle East. These parts of the world are characterized by leading oil producers and natural resources richness thus
10 Pages(2500 words)Book Report/Review
International Financial Management
When a firm transacts using one currency and gets paid using another, there is always a risk of losing money and making prefects. For instance, when a firm buys stock in dollars and sells the same in pounds, it incurs the risk
10 Pages(2500 words)Book Report/Review
International Relations
President Reagan is indicated to have embraced techniques that would have allowed for improved relations between the Soviet Union and the United States. Reagan thought that the improved
8 Pages(2000 words)Book Report/Review
International realation
Over the years, many countries have strived to undergo globalization in order to develop cultural, political and economic integration. Given that there is high demand of technology across the globe, many ventures have opted to develop their
5 Pages(1250 words)Book Report/Review
International comunication
Furthermore, the locals and leaders are also involved in development processes of the country. The authorities initiate national processes that are based on state-society relationship. This practice is essential since
2 Pages(500 words)Book Report/Review
Let us find you another Book Report/Review on topic International Management: Tata for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us