...Tata Motor’s -Company Background Tata Motors was established in 1945 and is formerly known as Tata Engineering and Locomotive Company. It is India's largest automobile company, and a fortune 500 company. Tata Motors acquired Jaguar and Land Rover, a premium car brand in UK, in 2013. The company always worked in line the Tata Values to contribute to Indian society. Tata Nano - Origin Ratan Tata’s thought about a people’s car was a social concern. He wanted to give a car to middle class of the society. Accordingly Ratan Tata, former Chairman, Tata Motor’s, shared his vision of making Rs. 1 lakh car at the Geneva Motor Show, in 2003. A team was then constituted to build a car with a target price of Rs. 1 lakh. Subsequently, the car was launched with a tag line “A promise is a promise”. Executive Summary TATA Nano is the cheapest car in the world. It is manufactured by TATA Motor Limited, the largest automobile company in India. Its chairman, Mr. Ratan Tata envisions that Tata Nano to become a “People’s car” which is affordable by almost everybody. Tata Nano is scheduled to first be launched in India on 1st April 2009 and expected to be in Indian market by July 2009. From the first moment that Tata Nano project was published, a huge buzz has been created all over India. It has already received 3000 bookings. What makes Tata Nano so cheap? Basically, by making things smaller, lighter, do away with superficial parts and change the materials wherever possible without compromising...
Words: 2541 - Pages: 11
...Helpsheet GOOD WRITING PLANNING & DRAFTING YOUR FIRST PAPER Use this sheet to help you: • understand the 5 main steps of writing • preparing and planning to write an essay or report 5 minute self test Consider the following questions before reading the helpsheet: • What are the five typical stages involved in completing an assignment or report? • What are directive words? Name three commonly used directive words used by lecturers in setting assignment questions? • How is “brainstorming” used in assignment preparation? • What’s the difference between a mind map, concept map and spider diagram and how can they be used in assignment preparation? • List some words and phrases commonly used in sequencing paragraphs in assignment writing? • How does one write an argument in an assignment? • What do you need to consider when editing an assignment? • What’s referencing? © The University of Melbourne 2010. These materials were produced by the Teaching and Learning Unit, University of Melbourne. The University of Sydney has reproduced these materials under licence from the University of Melbourne. Helpsheet GOOD WRITING Good writing is writing that effectively conveys to another person what is in a writer’s mind. In any profession, writing is very important, even in the professions that are not traditionally associated with writing, you will have to communicate with colleagues and clients. The value of writing is that putting something down on paper forces...
Words: 6070 - Pages: 25
...found out that the inhabitants in an island near Venezuela have already been practicing chewing dried leaves. In 1591, Mexico has already been growing tobacco at an increasing rate. It was believed that the tobacco was introduced by the Spaniards and Portuguese to mainland Europe, East Indies and Asia while they are on an expedition for searching for spices and spreading Christianity. Cigarette smoking became one of the highly sought after vice in the Philippines because of the affordable price of each stick ranging from seventy-five centavos to 2 pesos each, depending on its brand. The Philippine government came up with an idea of increasing the taxes imposed upon alcoholic beverages and cigarette sticks in order to minimize its harmful effects to human body. On 02 December 2012, President Benigno S. Aquino III signed into law Republic Act 10351, otherwise known as the “Sin Tax Law” which provides for additional tax on sin products such as alcohols and tobacco products. Prices of liquor and tobacco products increased from 100-200% immediately after the...
Words: 6218 - Pages: 25
...THE PERCEPTION OF TAXPAYERS TOWARD GOODS AND SERVICES TAX (GST) IMPLEMENTATION IN MALAYSIA CHAPTER ONE - INTRODUCTION 1.1 Backgroud of Study Malaysian taxation system is generally divided into two, which are direct taxes and indirect taxes. Indirect taxes are controlled by the Royal Malaysian Custom Department (RMCD) and it consists of four components such as excise duties, customs duty, sales tax and service tax. Direct taxes are under the control of the Inland Revenue Board of Malaysia (IRBM). The IRBM is responsible for all policies relating to direct taxes such as income tax of individual and business, petroleum income tax, real property expansions tax, and stamp duty. From the government perception, taxation is a vital economic tool because it can be employed to regulate the economy, to invigorate economic growth through the granting of fiscal incentives as a principal aim of implementing tax policies and to provide funds for development projects (JeyapalanKasipillai, 2005). The contribution of direct taxes and indirect taxes to government revenue in 2009 amounted to RM78.375 billion (49.4%) and RM28.129 billion (1 7.73%), respectively. This shows that taxation contributes more than 60% to the Malaysian government revenue. Recently, the Malaysian government established the implementation of goods and services tax (GST) to replace Sales Tax and Services Tax (SST). The GST plan was first raised in 1988 but at the time it was considered unnecessary because the sales...
Words: 15209 - Pages: 61
...What are the options? pricing and taxation policy reforms to redress excessive alcohol consumption and related harms in australia natacha Carragher & Jenny Chalmers1 nsW Bureau of Crime statistics and research 1 Natacha Carragher, Research Fellow, ATCL, BSc(Hons), PhD. Jenny Chalmers Senior Research Fellow, BEc(Hons), MEc, PhD. Drug Policy Modelling Program, National Drug and Alcohol Research Centre, University of New South Wales. Address for correspondence: Dr Natacha Carragher, National Drug and Alcohol Research Centre, University of New South Wales, Sydney, NSW 2052. Tel: 02 9385 0249. Fax: 02 9385 0222. Email: n.carragher@unsw.edu.au 2011 Published by the NSW Bureau of Crime Statistics and Research Attorney General’s Department Level 8 St James Centre 111 Elizabeth Street Sydney 2000 Australia Phone: +61 (2) 9231 9190 Fax: +61 (2) 9231 9187 Email: bcsr@agd.nsw.gov.au Website: www.bocsar.nsw.gov.au ISBN 978-1-921824-33-3 This report is available in pdf format on our website and may be provided in alternative formats. Please contact the Bureau on 02 9231 9190 or email us at bcsr@agd.nsw.gov.au © State of New South Wales through the Attorney General’s Department of NSW 2011. You may copy, distribute, display, download and otherwise freely deal with this work for any purpose, provided that you attribute the Attorney General’s Department of NSW as the owner. However, you must obtain permission if you wish to (a) charge others for access to the work (other than...
Words: 5827 - Pages: 24
...What are the options? pricing and taxation policy reforms to redress excessive alcohol consumption and related harms in australia natacha Carragher & Jenny Chalmers1 nsW Bureau of Crime statistics and research 1 Natacha Carragher, Research Fellow, ATCL, BSc(Hons), PhD. Jenny Chalmers Senior Research Fellow, BEc(Hons), MEc, PhD. Drug Policy Modelling Program, National Drug and Alcohol Research Centre, University of New South Wales. Address for correspondence: Dr Natacha Carragher, National Drug and Alcohol Research Centre, University of New South Wales, Sydney, NSW 2052. Tel: 02 9385 0249. Fax: 02 9385 0222. Email: n.carragher@unsw.edu.au 2011 Published by the NSW Bureau of Crime Statistics and Research Attorney General’s Department Level 8 St James Centre 111 Elizabeth Street Sydney 2000 Australia Phone: +61 (2) 9231 9190 Fax: +61 (2) 9231 9187 Email: bcsr@agd.nsw.gov.au Website: www.bocsar.nsw.gov.au ISBN 978-1-921824-33-3 This report is available in pdf format on our website and may be provided in alternative formats. Please contact the Bureau on 02 9231 9190 or email us at bcsr@agd.nsw.gov.au © State of New South Wales through the Attorney General’s Department of NSW 2011. You may copy, distribute, display, download and otherwise freely deal with this work for any purpose, provided that you attribute the Attorney General’s Department of NSW as the owner. However, you must obtain permission if you wish to (a) charge others for access to the work (other than...
Words: 5827 - Pages: 24
...Microeconomics Chapter 1 What is economics? Economic questions exist because everyone wants more than it can possibly get. We can't satisfy all our wants, this is called scarcity. General shortage of everything is scarcity. Because of scarcity we must make choices. These choices depend on the incentives we are faced with. Incentives are rewards that we would reap or a penalty we would face if we made a certain choice. Definition of economics- the social science that studies the choices that individuals, businesses, governments, and societies make as they cope with scarcity and incentives that influence and reconcile those choices. There are 2 branches of economics Microeconomics- the study of choices made by the individuals and businesses and the influence of government in those choices Macroeconomics- the study of the effects on the national and global economy of the choices that individuals, businesses and governments make There are 2 questions that essentially summarize the scope of economics 1. How do choices end up determining what, how, and for whom goods and services are produced? 2. How can choices made in the pursuit of self-interest also promote the social interest Question 1 Goods- the physical items which are produced for people Services- the actions performed which are rendered for the people Goods and services are the objects that people value and produce to satisfy needs. What?- What should we produce? What people produce changes over...
Words: 10796 - Pages: 44
...and Ian Irvine Edition 1.11 This edition is differentiated from the first edition solely by minor editorial adjustments. Content has not been altered. Microeconomics: Markets, Methods and Models About the Authors Doug Curtis is a specialist in macroeconomics. He is the author of twenty research papers on fiscal policy, monetary policy, and economic growth and structural change. He has also prepared research reports for Canadian industry and government agencies and authored numerous working papers. He completed his PhD at McGill University, and has held visiting appointments at the University of Cambridge and the University of York in the United Kingdom. His current research interests are monetary and fiscal policy rules, and the relationship between economic growth and structural change. He is Professor Emeritus of Economics at Trent University in Peterborough, Ontario, and Sessional Adjunct Professor at Queen’s University in Kingston, Ontario Ian Irvine is a specialist in microeconomics, public economics, economic inequality and health economics. He is the author of some thirty research papers in these fields. He completed his PhD at the University of Western Ontario, has been a visitor at the London School of Economics, the University of Sydney, the University of Colorado, University College Dublin and the Economic and Social Research Institute. His current research interests are in tobacco use and taxation, and...
Words: 118779 - Pages: 476
...Business communication Project On [pic] Submitted to Ms. Aastha dewan Prepared by:- Kaushal Dugar Ruchir Rahul Harsh Gupta Jitisha Malhotra INDEX |Serial no. |Topic |Page no. |Remarks | |1 |Acknowledgements | | | |2 |Introduction | | | |3 |Effects of inflation | | | |4 |Causes of inflation | | | |5 |Controlling inflation | | | |6 |Current situation of inflation in India | | | |7 |Extracts of the Reserve Bank of India’s document released on | | | | |July 28, 2008 ...
Words: 13670 - Pages: 55
...BEO2401: Risk Management and Insurance Major Assignment A historical analysis of health insurance in Australia Due Date: 22/5/13 Class: Wednesday 11pm tute Jeremy Fung 3897865 Kwin Trieu 3795138 Tamimuddin Saadzadah 3854247 Zaker Hussaini 3887002 Executive Summary The aim of this report is to analysis and review the Australian Health Care System, We have had a look at the history of the healthcare system in Australia and how it started out in 1901 after the formation of the commonwealth government and the Constitution and the power sharing of the responsibilities and control of the health sector between the federal and state government. The report also analyses the dual private and public health care system, which is the Medicare and the Private Health Insurance (PHI) options for Australian Citizen. The other are that we have reviewed is the legislations related to the health Insurance sector and why is the government so keen in keeping the Private Health Insurance capacity high and what are the benefits of the PHI for the government and the health industry finance. Table of Contents Introduction 1 Australian Health Care System 2 1.1Health Insurance (History) AND Recent Changes in Private Health Insurance 2 1.2 Medicare and the Decline of Private Health Insurance (PHI) Challenge for the Government 3 1.3The role of Private Health Insurance in Australian Healthcare...
Words: 4816 - Pages: 20
...Business Plan for Pet Creche Executive Summary ABC Pet Creche, unlike a typical creche, will provide a unique forum for pet care and entertainment through the medium of the Internet. ABC Pet Creche is the answer to an increasing demand. The public wants: (1) access to the methods of pet care and volumes of information now available on the Internet, and (2) access at a cost they can afford and in such a way that they aren't socially, economically, or politically isolated. ABC Pet Creche's goal is to provide the community with a social, educational, entertaining, atmosphere for worldwide pet care. This business plan is prepared to obtain financing in the amount of £24,000. The supplemental financing is required to begin work on site preparation and modifications, equipment purchases, and to cover expenses in the first year of operations. Additional financing has already been secured in the form of: (1) £24,000 from the London Economic Development Fund (2) £19,000 of personal savings from owner Cale Bruckner (3) £36,000 from three investors (4) and £9,290 in the form of short-term loans. ABC Pet Creche will be incorporated as an LLC corporation. This will shield the owner Cale Bruckner, and the three outside investors, Luke Walsh, Doug Wilson, and John Underwood, from issues of personal liability and double taxation. The investors will be treated as shareholders and therefore will not be liable for more than their individual personal investment of £12,000 each. The financing...
Words: 10856 - Pages: 44
...Indian Institute of Management, Lucknow ITC Ltd: A Strategic Analysis Submitted to: Prof. Arun K Jain In partial fulfillment of the requirements of the course Strategic Management I Submitted by Saurav Goswami (ABM08012) Anuj Saraf (PGP27204) Kaushal Mathur (PGP27219) Sudhanshu Chawla (PGP27255) Section “D” Group 1 Letter of Transmission TO: Prof. Arun K. Jain, Strategy Group Indian Institute of Management, Lucknow FROM: Group 1, Section D Strategic Management Class DATE: March 23, 2012 SUBJECT: Strategic Analysis of ITC Ltd. Dear Sir, You had entrusted us with a project to analyze the strategy of any company of our choice using the frameworks given in the prescribed textbook. We chose ITC Ltd. for this project as it is one of India’s oldest and most diversified companies. This report begins with analyzing the strategic direction of the company which emanates from its vision & mission statements. It then looks at the decisions that the company has taken to achieve its vision by analyzing the environment it operates, the value chain and the core competencies that it has developed over the years and the key factors instrumental in its success. We end by commenting on its future prospects based on our analysis. We are grateful to you for providing us this opportunity to learn the strategic issues in contemporary businesses and giving us the necessary guidance in completing the project. We would also like to thank the entire...
Words: 24299 - Pages: 98
...Elevation TrainingMask Global Initiative China & Germany Table of Contents | Executive Summary | 1 | Proposal NEI | 2 | Company Information | 4 | Product Information | 5 | Preliminary Indicators of Need | 6-11 | China | 6 | Germany | 10 | Industry Information | 11-18 | China | 11 | Germany | 14 | Competition Information | 18-22 | China | 18 | Germany | 19 | Target Audience | 22-24 | China | 22 | Germany | 23 | Ch 1: Globalization Imperative | 14-18 | Ch 2: Economic Environment | 18-21 | Ch 3: Political Environment | 22-23 | Ch 4: Legal/Regulatory Environment | 24 | Ch 5: Global Cultural Environment | 27 | Hofstede’s Analysis | 31 | Ch 6: Global Market Research | 33 | Ch 7: Products & Service for Consumers | 35 | Ch 8: International Marketing Channels | 37 | Ch9: Communication with the World Consumer | 39 | Ch 10: Pricing Decisions | 40 | Final Decisions | | Work Cited | | Appendix | ## | NEI PROPOSAL The United States currently has the world’s strongest economy and contains a labor force of 155.4 million as of 2013, including unemployment. When compared to the year 2010 we had 154.9 million people in the labor force, giving a pretty stagnant amount of labor over these years. Manufacturing as well as other fields of work such including transportation and extraction make up a large portion for labor (20.3%). Sectors with managerial and technical positions...
Words: 19565 - Pages: 79
...Lien Centre for Social Innovation Social Insight Research Series Inequality, Poverty and Unmet Social Needs in Singapore A Handbook on A Handbook on Inequality, Poverty and Unmet Social Needs in Singapore Lien Centre for Social Innovation CATHERINE J. SMITH (Additional research and writing by John Donaldson, Sanushka Mudaliar, Mumtaz Md Kadir and Yeoh Lam Keong) As this handbook is intended to provide an overview of the arguments of others, the role of the authors largely consisted of compiling, arranging, and contextualizing. Further, the ideas expressed herein, which are various and often contradictory, do not necessarily represent the views of the handbook’s authors, or of the staff and Board of the Lien Centre for Social Innovation. Copyright © March, 2015 by Lien Centre for Social Innovation. All rights reserved. Published by the Lien Centre for Social Innovation Singapore Management University, Administration Building, 81 Victoria Street, Singapore 188065 www.lcsi.smu.edu.sg No part nor entirety of this publication may be reproduced or transmitted in any form or by any means, or stored in any retrieval system of any nature without the prior written permission of the Lien Centre. Readers should be aware that internet websites offered as citations and/ or sources for further information may have changed or disappeared between the time this was written and when it was read. Limit of Liability/Disclaimer of Warranty: While the publisher and authors...
Words: 30222 - Pages: 121
...between increasing national wealth in progressive states and the rise in state activity and expenditure. This indicates that the causes of bureaucratic expansion are to be sought, not just in terms of political pressures, but the interplay between political considerations and the economic necessities, resulting from the emergence of new property rights. A simple illustrative model is developed to measure the effects of increasing national wealth and the growth of the public sector. This suggests that the patterns of economic development observed by Wagner in 19th century Europe are not unlike those observed in China today. Ó 2005 Elsevier Ltd. All rights reserved. Key words — Asia, China, economic growth, public sector 1. INTRODUCTION The relationship between economic growth and the size of the state sector has long been a topic of interest for public policy practitioners and academics alike. Throughout history, the role of the state has been critical in determining particular economic outcomes. Research in this area has in general focused on how economic policies impact upon economic growth. Keynesian theory, for example, indicates that given the existence of idle capacity and other resources, increased government expenditure will increase national income....
Words: 10633 - Pages: 43
