Pestle Analysis of TATA Steel

Many firms are learning that being environmentally friendly and sustainable has numerous benefits. (O.C Ferrell, Fraedrich, Ferrell, 2015). This could enable them to increase goodwill from various stakeholders and also save money in the long term. This will mean that they are being more efficient and less wasteful of resources, which will enable them to be more competitive by satisfying stakeholders. The CEO of

I believe that the steel market is a very attractive market for the players that are already competing. I would not recommend new companies to try to integrate themselves in this market without substantial capital and very advanced technology. Globally steel demand is rising every year and companies are still vigorously competing for the extra market share. All firms are continuing to expand evolve and grow which means that profit are also very high in the steel market. The do have some protection issues even in

Firms have responsibilities to society at large by not harming the environment (polluting the air or water); producing safe products and providing a safe work environment for it’s employees and the surrounding residents.

Moreover, Canada should know their environmental responsibilities as companies need space for land and lots of water for dumping waste. This increases risks for injuries to occur as employees enter harsh environments. Workers end up exposed to coal dust and silica for long periods which causes serious health problems. In areas of mining companies exists pollution at an increased rate that makes the soil and water enriched with heavy metals and livestock. Globally, businesses corporate social responsibilities that are essential as they consist of four strategies: the shareholder strategy, the alustric strategy, the reciprocal strategy, and the citizen strategy. The shareholder strategy is where the corporate social responsibility is looking for an overall profit and the same to reach threshold. Secondly, the alustric strategy is where the company declares themselves unaccountable for society and allows for responsibility to fall towards the person leading the firm - the manager. Next, the reciprocal strategy has an individual who looks for the flaws in both economic and social perspectives. Lastly, the citizen strategy is where there is a business analysis that includes individuals who have different expectations and interests for continuing the company’s goals. NGOs also pressure companies to fix remedies to help the victims of the violations.

„« Competition - as stated earlier, competition is fierce and foreign competitors are dumping steel.

There are many political views concerning abortion in the UK, Downing Street has said there are no plans to change the legal limit on abortions after the health secretary Jeremy Hunt said that he would support a reduction form 24 weeks to 12 weeks. The department of health said that 91% of abortions are performed under 13 weeks which is what Hunt wanted. David Cameron argued that he would personally favour a modest reduction form 24, he believed that there is a medical argument for that, he said “I don't agree with the 12-week limit and that's not the government's policy”. The conservative party said that Jeremy Hunt has not used his position to bring that about, accepting that such change is a matter for private members, not government legislation.

The typical consumer for my cereal will be kids (ages 7-12). It won’t be aimed towards any specific gender it's just more of a preference thing. This cereal will be good for kids that love cereal for the morning because the cereal will include some sugar so it will be taste good to the children and it will also include some nutrients so that the children can have a sweet and healthy breakfast. Also including nutrients will also have the parents leading towards buying this cereal for their children in the morning because it's health. In terms of ethnicity and culture it won't really be aimed at and ethnicity and or culture in specirfic. Children that will be consuming this will not have an income and will still be living at home with their parents

When considering the brainstorming session, we are able to understand the prior knowledge about the lesson that the students have and based on this, the teacher is able to assess them accordingly. However, the limitation of this assessment is that not all students would answer the questions posed at them during this session thereby causing an inconvenience to the teacher as she/he is not able to assess them. Another issue that may crop up is the reluctance to share the chocolate among the peers, causing minor fights.

Everyone can have a temper at work and the main cause of it is if someone tells you that you are not doing it correct or you are not doing it their way. A manager or an employer is at their position because they have worked there long enough to know how it is done and also because they can take constructive criticism. No one wants to be told that they are doing the wrong thing or they are going too slow. When someone tells you that you need to do it a certain way it is because they are trying to help you succeed in the business. Few people realize this when it is said and others have to sleep on it and when they go to work the next time they try it their way and it usually helps them. The best advice I can give is always try to stay in a calm

“In the 20 years to 2000, the world’s 40 largest steel companies made cumulative losses before tax of US$10 billion, in spite of investing around US$75 billion in new capital equipment. In the following five years, profitability increased but the return on capital was still low (…)”.

If under any case the harmful situation arises the workforce of the company is always willing to tackle it and do not walk by under any circumstances. The other objective of the company is to protect the environment, the basic vision of the companies for this is to operate in such a way that the environment get least affected due to the operations of the company. The company tries to prevent pollution during the construction activities and improvement in the field by any means. In case the company needs to be defined in one word Lafarge Tarmac will be known as the sustainable and sustainability is what they operate for as per the objectives of the company (lafargetarmac.com, 2014).

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

In 2002, the Indian government formulated an “Auto Policy” which aims at promoting integrated, phased, and self-sustained growth of the Indian automobile industry.

Economic With business practices all over the world , Tata Motors concentrates on global economies while focusing on individual markets within countries. In recent years Tata Motors has experienced high growth since 2004. They have created joint ventures with 5 countries across the

Since its establishment, Tata has shown a strategy of incremental change. Arguably, that point was important because so the group might vary within the current market. In the nineteenth – century steel was seen as an unprofitable section. Even more than 50 independent steel producers went into bankruptcy in the USA (Business Monitor International Ltd, 2010: 54).