That Tata Motors Should Stay in India and Export Its

question 26

Multiple Choice

That Tata Motors should stay in India and export its cars round the world shows that

• A)where a firm's competitive advantage is based on national resource advantages it should not move production abroad.
• B)if a firm's advantage is based on a strong local market it should keep production there.
• C)exporting is the optimal strategy for tata.
• D)most companies should follow the cost leader's example.

Understand the use of financial ratios and industry benchmarks for business analysis.

Grasp the importance of regular financial record keeping and its impact on decision-making.

Comprehend the necessity of cash budgeting and projections for effective financial planning.

Evaluate the effectiveness of management through financial metrics.

---

Definitions:

Emotional Intelligence

The ability to recognize, understand, manage, and use one's own emotions positively to communicate effectively, empathize with others, overcome challenges, and defuse conflict.

Tax-Preparation Service

A professional service that assists individuals or businesses in preparing and filing income tax returns.

Emotional Intelligence

The competence to be conscious of, govern, and express one’s feelings, coupled with the capacity to handle relations with others judiciously and with understanding.

Project Emotion

May refer to the outward expression or display of feelings that an individual projects onto a specific task or area of life, such as enthusiasm or frustration towards a work project.