Tata Nano: The World’s First RS. 1 Lakh Car Ratan Tata had an idea‚ after a personal experience‚ to produce a car which is cheaper than 1 Lakh. They realized very fast that they can’t build a car by benchmarking against existing cars‚ so they took only the important systems which are also available in a two-wheel scooter. It was brought down by dispensing with most nonessential features‚ reducing the amount of steel used in its construction‚ and relying on low cost Indian labor. The car was an unmitigated
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CHAPTER 1: INTRODUCTION About Tata Croma Figure 1.1: Croma TATA Croma is the nation ’s first large format specialist retail chain for consumer electronics and durables with successful expansion into Croma Zip stores‚ Croma Kiosks and latest online vertical. Croma has been launched by Infiniti Retail Limited‚ a 100% subsidiary of Tata Sons. It efficiently and successfully runs Croma ’s retail operations in India. Tata Croma offer customers over 6000 products across eight categories in a
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To: Ravi Kant (Managing Director‚ TML) From: Subject: Nano Tata-logy: The People’s Car Date: 17 the September‚ 2011 Situation Overview TML is currently posed with a tricky question of how to go about the Tata-Nano (the much-hyped “People’s Car”) business strategy‚ given its commitment to release it on time with the promised cost and the spectrum of issues and recent developments that pose potential hurdles. Issues Operations 1. Political problems at Singur Plant which will certainly
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Assignment 1 Module Code: PICS01C Student Number: 7305-272-8 Due Date: 15 March 2011 [pic] a) Five-forces diagram for analysis of the retail car industry in the greater Johannesburg area 1. Competitive Rivalry Competitive rivalry exists between companies with the same or similar products/services and similar markets. Factors to be considered include: • The number and size of competitors • The rate of industry growth • Differentiation and switching costs • Fixed costs or
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FIVE COMPETITIVE FORCES OF INDUSTRY Michael Porter has postulated that the intensity of competition in an industry is determined by its underlying economic structure1. And he further contends as we saw above‚ that the industry structure is shaped by five basic competitive forces: the threat of new entrances into the industry‚ the bargaining power of suppliers to the industry‚ the threat of substitute products or services‚ the bargaining power of customers or buyers‚ and the Rivalry among Existing
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Five Forces of Competition on Energy Drinks Industry Rivalry Among Competing Sellers Increasing Market Size There are already many brands in the energy drinks industry. Simultaneously‚ existing beverage producers are coming up different products to capture increasing the size of the market for alternative beverages by extending existing product lines and developing altogether new products. Increasing marketing strategies The competition among producers becomes more and more fierce. Because
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responses. These factors were also known as Porter’s Five Forces Model is a useful strategic tool to evaluate the opportunities and threats for the oil and gas industry which includes the threat of new entrants‚ bargaining power of suppliers‚ bargaining power of buyers‚ threat of substitute products and intensity of rivalry among competitors. Threat of New Entrants (Low) The British Petroleum (BP) enters Russian oil market and become top five oil and gas companies based on the market value in
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The campaign‚ created by Draftfcb Ulka‚ consists of 23 TVCs in which Kapoor plays a stand-up comedian where he presents the different products and services offered by Tata Docomo. Each TVC starts by illustrating a complexity in the category and presents the service as a means of simplifying things. Commenting on the campaign‚ KS Chakravarthy (Chax)‚ national creative director‚ Draftfcb Ulka‚ said‚ "There were many tricky challenges going into this campaign. First was the need to consolidate
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-problems faced by Tata to build world’s cheapest car: =battle sky rocketing costs =huge engineering hurdles =bad press (car caught fire). Some of the early nanos caught fire on the streets. Local and intl experts were brought in to investigate the problem but nothing was found wrong with the design of the car. In response the nano design team of the car decided to take further safety measures in order to make a more robust nano. Additional protection was provided on exhaust system. In electrical
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Five competitive forces of effective leadership and innovation Charles McMillan Charles McMillan is Professor of Strategic Management at York University‚ Toronto‚ Canada. Introduction How do organizations innovate? Are the main drivers the external environment impacting the organization‚ or a set of practices and processes within the organization? The unprecedented change in the global environment affects both organizational survival and management’s capacity to innovate. Climate
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