case study development Tata TNC Flashcards

1
Q

When was it founded

A

1868

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2
Q

by who was it founded

A

Jamsetji Tata

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3
Q

what was it originally

A

a trading company

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4
Q

is it still family owned now

A

yes

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5
Q

where is the headquarters

A

in Mumbai India

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6
Q

how many companies are there within

A

over 100

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7
Q

what are the sectors (7)

A
  • communications and information tech
  • engineering materials
  • services
  • energy
  • consumer products
  • chemicals
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8
Q

operates in how many countries

A

over 80

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9
Q

how many people employed in North America

A

200,000

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10
Q

how many people employed in South America

A

8000

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11
Q

what businesses does it have in Africa

A

a chemical plant, hotels, wind farms, hydro-electric power plant, wind farms

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12
Q

what business does it have in north america

A

eight o’clock coffee

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13
Q

what business does it have in South America

A

the largest subsea cable network which has 25% of subsea networks worldwide

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14
Q

what were the three businesses bought by tata during the 2000s

A

tetley tea
jaguar and range rover
corus group

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15
Q

when was tetley bought, by who and for how much

A

2000, by Tata tea for 450 million

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16
Q

when was corus group bought, by who and for how much

A

2007, by Tata steel for 13 billion

17
Q

when was cjaguar and land rover bought, by who and for how much

A

2008, by Tata motors, for 2.5 billion

18
Q

what percentage of revenue comes from outside of India

19
Q

what was it awarded in 2007

A

Carnegie medal for philanthropie

20
Q

when did India start to emerge as a developing country

21
Q

why did India only start o emerge as a developing country in the 1990s (3)

A

important economic reforms began to open up the country to foreign investment and made it easier for Indian companies to forge international links and to operate abroad.

Policy changes have also contributed to the recent rapid growth of Indian FDI (foreign direct investment).

Investment in industrial growth

22
Q

how has its product range diversified over time

A

By expanding its product range from basic industries like steel and textiles into a wide variety of sectors over time. Meaning that they produce and offer many different types of goods and services across the world (from primary sector to secondary and tertiary sectors). (also make higher quality products)

23
Q

why is it important to diversify their product range

A

They diversify their products because it increases revenue but also counters risk, because then if in one sector, you are banned or restricted, at least you still earn for the others (safety strategy)

24
Q

how many people are employed worldwide by Tata

25
Q

how many people are employed by Tata in the UK