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Case Study: Tata Company

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institutions have to pay income tax, money that also chimes in to the national revenue kitty. It is in these ways that the governments of the host countries are able to improve the gross national product. One example of such a company whose impact on the Gross National Product in its country is Tata Company. Tata is an Indian conglomerate headquartered in Maharashtra in the capital Mumbai. It traces its origin back to 1874 when Jamsetji Tata started a textile mill. The company has always had the Tata family as a major driving force with members of the family occupying top management positions. Since its beginning, the company has been a standard setter in its human resource practices and its innovativeness. For instance, even today it is the country’s most respected employer. A culture of excellence pervades the organization and other organizations and the government in India look up to Tata for leadership. The conglomerate has grown in size to be one of the largest companies in India. Its business interests span seven commercial sectors covering materials, services, engineering, chemicals, consumer products, information systems, and communications. These interests were through about 100 subsidiaries …show more content…

The pricing measures that are taken before a Multinational Company enters a new market usually seeks to ensure that the pricing strategy that they employ does not upset the already thriving products in the host countries. In fact, the goal for most companies of this nature is to see their product challenge those in the market, both in quality and in pricing. The sole beneficiaries of such a business strategy are the locals in these countries. They can realise goods for lower prices at better qualities than those in the host countries. This is perhaps one of the most directly noted benefits that locals in host countries can realise

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