International business economics Essay Example | Topics and Well Written Essays - 2750 words

International business economics - Essay Example In this pursuit, an M&A team also had been setup to seek out prospective targets (Dutta and Chaturvedi, 2005). The main target of globalizing the company was in terms of boosting up exports substantially. Entering the Chinese market through joint ventures or transfers of technology was also on the cards. But these aspirations failed to materialize and instead when the opportunity to acquire Daewoo, a concern that had a market share of 22 percent even with large idle capacities, arrived, Tata Motors grabbed it (Dutta and Chaturvedi, 2005). The objective of the present endeavor is to look at the acquisition in detail to the extent allowed by the scope. In what follows we look at the strategic and economic rationale of Tata Motors that motivated acquisition, seek to explore aspects like the strengths of Daewoo Motors that made it potentially valuable for Tata Motors, the major challenges faced by Tata Motors in the process of acquiring Daewoo and the major potential synergies and their materialization. To perceive the rationale of the acquisition, it is first necessary to understand where Tata Motors stood just before this breakthrough phenomenon in the history of the Indian Automobile industry. Although Tata entered the sphere of manufacturing automotive vehicles way back in 1954 when it collaborated with Daimler-Benz, it spent the following two decades or so in enhancing its R&D base of operations through a multitude of collaborations and manufacturing mainly construction equipment (Dutta and Chaturvedi, 2005). The first commercial vehicle was manufactured in 1977 and by 1983, Telco, as Tata Motors was known until 2003, initiated its production of heavy commercial vehicles. ‘TATA 407’, the company’s first light commercial vehicle that was completely indigenous in design was launched in 1986. In 1991, the first passenger cars that were designed indigenously, the Tata sierra and the Tata estate,

ETHICAL CONSUMERS . myth or reality Essay Example | Topics and Well Written Essays - 1750 words

ETHICAL CONSUMERS . myth or reality - Essay Example The result was obvious and very predictable. It led to huge scale destruction and exploitation of resources of the planet earth, pollution, human and animal abuse and a long run destruction of everyone at this planet. That was the time when the experts and media people jumped on to the scene and started creating awareness amongst the public. The masses wanted to follow the ethical path and wanted to stop the companies from their unethical actions for making profits. They all agreed that it is the responsibility of all of them to stop this destruction and unethical actions, somehow or other. That was when; the consumers became conscious about their power, about the difference that they could make. They understood the fact that these companies depend of them and they can use this dependency to make these companies work their way. Consumers developed common platforms and came up with useful strategies. It started to work. By boycotting, the products of those companies involved in unethical means of production pressure grew on the companies to change their course of action. Moreover, the decreased profits made the companies to do it so as well. The process of acquiring products that are produced without violating ethical grounds and code of conduct can be termed as ethical consumerism and these consumers are called as ethical consumers (Wetherly, & Otter, pp.12-18, 2008). People were unaware of the term of ethical consumerism before the past three decades. This is after the early 70’s era that the masses became conscious about the violation of moral and ethical standards for more profits by companies. These actions were certainly crossing the limits of patience of the public, that is why the masses had to stand up by themselves for the sake of this planet, its eco-system and betterment of their coming generations and making sure that they leave a better world for their coming generations. Following are some of most notable