...1. Discuss the advantages and drawbacks of going international using Tata Group’s experiences. Based on Tata Group’s experience, we can see the advantages and drawbacks of going international as follows: Advantages of going international; ① The first advantages of going international for Tata is to achieve benefits of economies of scale; Tata has more than 100 operating companies in seven main business groups doing business in 80 countries: chemicals, information systems and communications, consumer products, energy, engineering, materials, and services. Its two largest businesses are Tata Steel and Tata Motors. Its Tata Tea, which owns the valued Tetley brand, also is one of the largest tea producers in the world. It ranked 6 on the list of the world’s most admired companies in the steel industry. With the economies of scale in the domestic and international market, Tata can lower operational costs potentially and become a stronger competitor, both domestically and internationally; Tata controls many businesses ranging from Eight O’clock Coffee Co. in the United States to the Taj Group of hotels, which took over management of the landmark Pierre Hotel on Central Park in New York City. Through international bold moves like these, Tata have the opportunity to learn more about a particular market or world region and to supplement or strengthen domestic growth; The Tata Group is the largest conglomerate in India. Its latest revenues are estimated at $67.4 billion, of which...
Words: 2859 - Pages: 12
...Synopsis Name of the Student: Ishan Kashyap : MBA (M&S) AUUP Enrollment No: A0102212127 , Class Roll No. C- 29 Contact No. - +9555449830 E-Mail id: ishan2989@yahoo.com Name of Faculty Guide: Ms. Tavishi DESSERTATION TITLE Externalities of Special Economic Zone. RATIONALE OF THE PROPOSED INVESTIGATION For developing countries, special economic zones (SEZs) traditionally have had both a policy and an infrastructure rationale. In terms of policy, the SEZ can be a useful tool as part of an overall economic growth strategy to enhance industry competitiveness and attract foreign direct investment (FDI). Through SEZs, governments aim to develop and diversify exports while maintaining protective barriers, to create jobs, and to pilot new policies and approaches (for example, in customs, legal, labor, and public private partnership aspects). SEZs also allow for more efficient government supervision of enterprises, provision of off-site infrastructure, and environmental controls. The category SEZ includes free trade zones (FTZ), export processing Zones (EPZ), free Zones (FZ), industrial parks or industrial estates (IE), free ports, free economic zones, and urban enterprise zones. LITERATURE REVIEW 1) Introduction In this research paper sector specific studies are conducted that analyze efficiency and its variations over the years and studies attempting to shed light on variations in terms of efficiency across major Indian states. These studies...
Words: 2547 - Pages: 11
...GLOBAL ECONOMICS FOR MANAGERS Wade C. Roberts, Ph.D. Peng Chapter 2 Understanding Formal Institutions: Politics, Laws, and Economics Wade C. Roberts, Ph.D. Education: Economics Doctorate, University of Utah Expert Fields: Development, Labor, Public, Health, Gender, Forensic Economics Current Research: Microfinance, Poverty & Socioeconomics in Cambodia “The Success and failure of firms around the globe are determined by firms’ ability to understand and take advantage of the different rules of the game”. Understanding Institutions… • What is an institution? • “The humanly devised constraints that structure human interaction” • Douglass North (Nobel Laureate) Understanding Institutions… • Institutional Framework • Formal and informal institutions governing individual/firm behavior. • Supported by three pillars: • Regulatory • Normative • Cognitive Understanding Institutions… • Regulatory Pillar (formal) • Coercive power of governments • Laws, regulations, rules • Normative Pillar (informal) • The values, beliefs and actions of a group (emotions) • Cognitive Pillar (informal) • Internalized values and beliefs that guide behavior • Culture & Ethics (logic) • How do these pillars shape behavior? Understanding Institutions… • What is the KEY ROLE of an institution? • Reduce Uncertainty! • Institutions constrain the range of acceptable actions. • Uncertainty surrounding economic transactions can lead to transaction...
Words: 1425 - Pages: 6
...minimized the gap between the western south and these two Easter giants, increasing the need for joint business ventures and trading partnerships that contribute to the growth of China, India and Latin America. In order to evaluate the relation of Latin American countries with China and India, it is important to analyze the legal systems and regulatory business environments of the Chinese and Indian governments. By developing a concise comparison between China and India, this paper will eventually evaluate which country has more to offer to Latin American economies. Such comparison will be based upon aspects such as legal backgrounds and traditions, basic business regulations, trade laws and others, to finally conclude what sort of government is more appealing to Latin American economies. In the first place, it is important to consider that most of Latin American countries have legal systems based upon the civil law tradition, perceived by many as a more predictable system when compared to common law. In business transactions, predictability can be a great incentive when paired to similar legal frameworks. Contrarily, differences between the legal systems of two contracting...
Words: 4588 - Pages: 19
...E-Commerce industry Study Objective * To learn about the existing trends in e-commerce industry today * To analyse in depth the benefits and limitations of online transactions of products * To examine the online shopping sites prevalent in Coimbatore such as the mall.coimbatore which is an online shopping store and personal buying assistant in Coimbatore * To observe the future of the industry and recommend improvement ideas Need for selecting the ecommerce Industry India, one of the fastest growing economies presents a world of opportunities to entrepreneurs, investors, and researchers with an interest in the global economy. India’s e-Commerce industry is on the growth curve and experiencing a spurt in growth. With this increased interest comes a surge in demand for facts, trends and indicators. Highly concentrated urban areas with very high literacy rates, a vast rural population with fast increasing literacy rate, a rapidly growing internet user base, technology advancement and adoption and such other factors make India a dream destination for ecommerce players. E-commerce combines web technology with business economics. As of the last 10 years, online visibility for such online enterprises now heavily rely on the relationship between the own online sales platform and Search Engines for improved traffic consisting of presumable customers with the intent of acquiring products or services related to the customers’ needs. In 2008 an Internet behavioural analysis...
Words: 6470 - Pages: 26
...1. Social justice and equity is more important than economic justice and equity. Social justice generally refers to the idea of creating a society or institution that is based on the principles of equality and solidarity, that understands and values human rights, and that recognizes the dignity of every human being Defining Social Justice Social justice encompasses economic justice. Social justice is the virtue which guides us in creating those organized human interactions we call institutions. In turn, social institutions, when justly organized, provide us with access to what is good for the person, both individually and in our associations with others. Social justice also imposes on each of us a personal responsibility to work with others to design and continually perfect our institutions as tools for personal and social development. Defining Economic Justice Economic justice, which touches the individual person as well as the social order, encompasses the moral principles which guide us in designing our economic institutions. These institutions determine how each person earns a living, enters into contracts, exchanges goods and services with others and otherwise produces an independent material foundation for his or her economic sustenance. The ultimate purpose of economic justice is to free each person to engage creatively in the unlimited work beyond economics, that of the mind and the spirit. Social justice based on the values of fairness, equality and respect...
Words: 3417 - Pages: 14
...market share in western markets, specifically the US and across several EU countries. However, as competition is tight between smartphone and tablet manufacturers in more developed western nations, Illuminer has decided to hire KLFH, LLP to explore market potential in two countries with growing 3 and 4G networks – Pakistan and India . Both have telecom companies that have burgeoning data-capable networks and millions of subscribers that would be ripe for Illuminer’s product lines. Illuminer has also asked KLFH to specifically look at two cities for this analysis, as they would serve as test markets for their entry into the country. To this purpose, KLFH has chosen the capital of both nations, New Dehli and Islamabad, for their additional research. KLFH has completed the following country comparison and market entry and strategy analysis, detailed below. Country and City Overviews India India is a highly populous country with a population of 1.21 billion. As the world’s population increases, India still plays an important role because of the fact that India holds over 15% of the overall population in the world. India is a country that has a rather young age group with a median age of 25. Since Illuminer would be selling mobile technologies here, this is a major advantage; a younger population will be more likely to purchases their products than an older population would. New Delhi is the capital of India. Since there is a considerable amount of migration amongst various states...
Words: 4667 - Pages: 19
...Abstract Organizational culture is defined as a system of shared norms, beliefs, values, and assumptions which binds people together, creating shared meanings. Culture reflects the personality of the organization and similar to an individual’s personality it enables people to predict the attitudes and behaviors of organizational members. Culture is one of the defining aspects of an organization and it set it apart from other similar types of organizations. The values and behaviors of an organization contribute to the unique social and psychological environment of an organization. It includes an organization's expectations, experiences, philosophy, and values that hold it together, and is expressed in its self-image, inner workings, interactions with the outside world, and future expectations. It affects the organization's productivity and performance, and provides guidelines on customercare and service, product quality and safety, attendance and punctuality, and concern for the environment. There are ten dimensions that exist when assessing an organization that provide a composite picture of the culture. When an organization is clearly defined it gives its employees and customers shared perceptions that they can relate to and identify with and grow to be a part of it. Many companies today are looking to incorporate project management into them and with that come a strongly defined organizational culture and structure. There are many companies that...
Words: 2093 - Pages: 9
...Kku iëëÞ eÛk«Ú ¾HœÈä¢ Oã]¶ sÐ_ :±ò Kku Knowledge Kkue~ e~ Kkue~ Kku ‹≈‰’≈∆ :±ò º°æfi»¢ :±ò Kku iëëÞ eÛk«Ú ¾HœÈä¢ Oã]¶ sÐ_ :±ò Kku Knowledge Kkue~ ‹≈‰’≈∆ :±ò º°æfi»¢ :±ò Kku iëëÞ eÛk«Ú ¾HœÈä¢ Oã]¶ sÐ_ :±ò Kku Knowledge Kkue~ Kkue~ Kku ‹≈‰’≈∆ :±ò º°æfi»¢ :±ò Kku iëëÞ eÛk«Ú ¾HœÈä¢ Oã]¶ sÐ_ :±ò Kku Knowledge Kkue~ ¢ Kkue~ Kku ‹≈‰’≈∆ :±ò º°æfi»¢ :±ò Kku iëëÞ eÛk«Ú ¾HœÈä¢ Oã]¶ sÐ_ :±ò Kku Knowledge Kkue~ Kkue~ Kku ‹≈‰’≈∆ :±ò º°æfi»¢ :±ò Kku iëëÞ eÛk«Ú ¾HœÈä¢ Oã]¶ sÐ_ :±ò Kku Knowledge Kkue~ Kkue~ Kku ‹≈‰’≈∆ :±ò º°æfi»¢ :±ò Kku iëëÞ eÛk«Ú ¾HœÈä¢ Oã]¶ sÐ_ ¢ Knowledge Kkue~ Kku Kkue~ Kku ‹≈‰’≈∆ :±ò º°æfi»¢ :±ò Kku iëëÞ eÛk«Ú ¾HœÈä¢ Oã]¶ sÐ_ :±ò Kku Knowledge Kkue~ Kkue~ Kku ‹≈‰’≈∆ :±ò º°æ ∆ :±ò Kku iëëÞ eÛk«Ú ¾HœÈä¢ Oã]¶ sÐ_ :±ò Kku Knowledge Kkue~ Kkue~ Kku ‹≈‰’≈∆ :±ò º°æfi»¢ :±ò Kku iëëÞ eÛk«Ú ¾HœÈä¢ Oã]¶ sÐ_ :±ò Kku Knowledge K u Kkue~ Kku ‹≈‰’≈∆ :±ò º°æfi»¢ :±ò Kku iëëÞ eÛk«Ú ¾HœÈä¢ Oã]¶ sÐ_ :±ò Kku Knowledge Kkue~ Kkue~ Kku ‹≈‰’≈∆ :±ò º°æfi»¢ :±ò Kku iëëÞ eÛk«Ú ¾Hœ O Oã]¶ sÐ_ :±ò Kku Knowledge Kkue~~ u Kkue~~ Kku ‹≈‰’≈∆ :±ò º°æfi»¢ :±ò Kku iëëÞ eÛkk«Ú ¾HHœÈä¢ Oã]¶ sÐ_ :±ò Kku Knowledge Kkue~~ O Kkue~~ Kku g g ‹≈‰’≈∆ :±ò º°æfi»¢ :±ò Kku iëëÞ eÛk«Ú ¾HœÈä¢ Oã]¶ sÐ_ :±ò Kku Knowledge Kkue~ O O e~ Kkue~ Kku ‹≈‰’≈∆ :±ò º°æfi»¢ :±ò Kku iëëÞ eÛk«Ú ¾HœÈä¢ Oã]¶ sÐ_ _ Knowledge Kkue~ Kku Kkue~ Kku ‹≈‰’≈∆ :±ò º°æfi»¢ :±ò Kku iëëÞ eÛk«Ú ¾HœÈä¢ Oã]¶ sÐ_ :±ò Kku Knowledge Kkue~ O Kkue~ Kku ‹≈‰’≈∆ :±ò º°æ fi» :±ò Kku iëëÞ eÛk«Ú ¾HHœÈä¢ Oã]¶ sÐ_ :±ò Kku Knowledge Kkue~ O Kkue~ Kku ‹≈‰’≈∆ :±ò º°æfi»¢...
Words: 32271 - Pages: 130
... Please help improve it by rewriting it in an encyclopedic style. (April 2010) This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (October 2010) A joint venture (JV) is a business agreement in which the parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets. There are other types of companies such as JV limited by guarantee, joint ventures limited by guarantee with partners holding shares. In European law, the term 'joint-venture' (or joint undertaking) is an elusive legal concept, better defined under the rules of company law. In France, the term 'joint venture' is variously translated as 'association d'entreprises', 'entreprise conjointe', 'coentreprise' or 'entreprise commune'. But generally, the term societe anonyme loosely covers all foreign collaborations. In Germany, 'joint venture' is better represented as a 'combination of companies' (Konzern).[1] With individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, such partnership can also be called a joint venture where the parties are "co-venturers". The venture can be for one specific project only - when the JV is referred to more correctly as a consortium (as the building...
Words: 6915 - Pages: 28
...UNIVERSITY OF MUMBAI PROJECT ON ‘PESTLE AND DEMOGRAPHIC ANALYSIS OF FINLAND’ MASTER OF COMMERCE (BUSINESS MANAGEMENT) SUBJECT: INTERNATIONAL MARKETING SEMESTER III 2013-14 In Partial Fulfilment of the Requirement under Semester Based Credit And Grading System for Post Graduates (PG) Program me under Faculty of Commerce SUBMITTED BY RAJESHREE N. PATEL ROLL NO: 41 PROJECT GUIDE Ms. Shradha Jain K.P.B. Hinduja Collage Of Commerce, 315 New Charni Road, Mumbai 400004. M.COM (BUSINESS MANEGEMENT) III rd SEMESTER ‘PESTLE AND DEMOGRAPHIC ANALYSIS OF FINLAND’ SUBMITTED BY RAJESHREE N. PATEL ROLL NO: 41 CERTIFICATE This is to certify that Ms. Rajeshree Patel of M. Com. Business Management Semester 3rd [2013-2014] has successfully completed the project on ‘PESTLE AND DEMOGRAPHIC ANALYSIS OF FINLAND’ |Project Guide |________________________________ | |Course Coordinator |________________________________ | |Internal Examiner |________________________________ | |External Examiner |________________________________ | |Principal ...
Words: 6519 - Pages: 27
...Abstract LPO (Legal Process Outsourcing) is currently one of the fastest growing industry as it provide low-cost and time saving services. This study aims to know about LPO, specifically its origin, the services it provide, its quality and satisfaction, its impact in the legal industry and its status nowadays. The theories related to the topic like Transaction Cost Theory and Value Chain Analysis are discussed in theoretical framework. In addition, this research uses descriptive type of design as a method. Finally, conclusions are formed based on the data collected from the instruments used relevant to the topic such as PDF’s, books, and articles from the internet. CHAPTER I Introduction Legal industry operates in a global market place, and both clients and firms are seeking to understand how global outsourcing can add to their business. Lawyers have always outsource work to other lawyers with specialist knowledge. Firms are using their offices in other jurisdictions to do their legal work and offering that services to other firms. (The Law Society, 2011). In the Philippines, Legal Process Outsourcing (LPO) is one of the fastest growing sector in Business Process Outsourcing (BPO) industry. Many LPO’s have out growth due to increasing demand for legal outsourcing and off shoring abroad. Various U.S law firms chooses Philippines because of its highly educated lawyers who are experts in their fields, high English proficiency, similar with the US legal systems, lower labour...
Words: 4556 - Pages: 19
...and support me throughout the project and sparing some of their valuable time. I would like to express my deep gratitude to my project guide Mr. Renuka Rathore (Sr. Relationship Manager -Sales & Marketing) for their expert guidance and support throughout the project. This project report could not have been completed without the guidance of Dr. Apporva Palkar(Director) and the project guide Lect . Mrs. Pooja Aparajita. I express my sincere thanks to the above stated person for their utmost support during my project. The immense scope of this project has helped me to understand many facts of marketing in Indian industry. (Nitin Rathore) LIST OF TABLES LIST OF TABLES Table No. Title of the Table Page No. Table No. 2.1 Transactional Handling 19 LIST OF FIGURES LIST OF FIGURES Figure No. Title of the Figure Page No. Figure No. 1.1 Objective of study 05 Figure No. 2.1 Mutual fund concept 09 Figure No. 2.2 Organization structure 13 Figure No. 2.3 Types of Mutual Fund Schemes 18 Chapter 1 1.1 Executive Summary India is one of the countries which is concentrating towards its share market & investment sector. Because a countries growth is totally dependent upon its educated people. So with the changing economical environment its effect can be easily being seen in this field also. The project “Market Research on Various Schemes of SBI Mutual Fund” analyses the future market and assists in understanding upcoming competition specifies about the future...
Words: 5504 - Pages: 23
...EXCEL International Journal of Multidisciplinary Management Studies Vol.2 Issue 1, January 2012, ISSN 2249 8834 Online available at http://zenithresearch.org.in/ AN OVERVIEW OF FOREIGN DIRECT INVESTMENT IN INDIA SYED AZHAR*; K.N.MARIMUTHU** *Research Scholars, School of Management Studies, University of Hyderabad, AndhraPradesh-500046. ABSTRACT This paper attempted to make an analysis of FDI in India and its impact on growth. It also focuses on the determinants and needs of FDI, year-wise analysis, sectoral analysis and sources of FDI and reasons. One of the economic aspects of globalization is the fact that increasing investments in the form of foreign direct investments. In the recent times due to the global recession most of the countries have not been able to pull investments. India has been able to attract better FDI’s than the developed countries even during the crisis period also. Especially in the recent years the FDI in India has been following a positive growth rate. Since 1991 the government has focused on liberalization of policies to welcome foreign direct investments. These investments have been a key driver for accelerating the economic growth through technology transfer, employment generation, and improved access to managerial expertise, global capital, product markets and distribution network. FDI in India has enabled to achieve a certain degree of financial stability; growth and development to sustain and compete in the global economy...
Words: 4713 - Pages: 19
...Revised Syllabus with Credit based Semester and Grading System For The Master of Management Studies (MMS) 2Years full-time Degree Course (Effective from the academic year 2012 – 2013) MMS New Course Structure (Effective July 2012 onwards) MMS First Year: Semester I Subject/Paper Maximum Number of Marks Sessions of 90 Minutes Core Papers 1.1 Perspective Management 1.2 Financial Accounting 1.3 Managerial Economics 1.4 Operations Management 1.5 Organisational Behaviour 1.6 Business Mathematics 1.7 Information Technology & Management 1.8 Communication Skills 1.9 Marketing Management 1.10 to 1.13 Elective 1 Elective 2 Total Electives (Students need to opt for any two electives) 1.10 Selling & Negotiation Skills 1.11 High Performance Leadership 1.12 Indian Ethos in Management 1.13 Corporate Social Responsibility Projects 50 100 100 100 100 100 50 100 100 100 100 1000 18 30 30 30 30 30 18 30 30 30 30 306 Note 1: All subjects/papers for semester I will be internally assessed by the institute. Note 2: All new electives proposed to be introduced by the institute, apart from electives listed in the new syllabus; need to inform University in writing outlining the details of the course with learning objectives, learning outcomes, detail syllabus, teaching learning plan and course evaluation procedures within the pattern prescribed at least one semester in advance. Master of Management Studies First Year Semester I Sl No Code Subject/Paper No of Periods per week...
Words: 9960 - Pages: 40
