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What is inception and feasibility in plan of work?

Purchasing Iron & steel scraps


What was the need of merger and acquisition of tata and corus?

The merger and acquisition of Tata Steel and Corus in 2007 was driven by Tata's strategic aim to enhance its global footprint and access new markets, particularly in Europe. By acquiring Corus, Tata Steel sought to diversify its product offerings and strengthen its position in the global steel industry, leveraging Corus's advanced technologies and established brand. Additionally, the acquisition allowed Tata Steel to benefit from synergies in operations and cost efficiencies, positioning the company for greater competitiveness in a rapidly evolving market.


What are the major industries in Argentina?

Motor vehicles and food processing are major industries in Argentina. Other major industries in Argentina are chemicals, petrochemicals, steel and textiles.


What two factors would a steel making firm consider important in choosing a location?

1. Availability of Resources like Raw Material,Labour,Power. Water etc. 2.Legal papers and its Cost must be within Company Budget. 3. Ease of land acquisition's and local community support.Local community often protect and such investment decision due to high investments are irreversible or result in Huge losses.Everyone is aware of recent TATA Nano shutdown of Singur Plant.These situation can arise in any firm.


How can managers and their roles be enhanced with a well integrated information system How can their roles be diminished with a poorly integrated information system with an Indian example?

A well-integrated information system enhances managers' roles by providing timely access to accurate data, enabling informed decision-making, improving communication, and fostering collaboration across departments. For instance, in a company like Tata Steel, an effective information system can streamline operations, allowing managers to quickly analyze production metrics and adjust resources as needed. Conversely, a poorly integrated system can lead to data silos, miscommunication, and inefficiencies, diminishing a manager's ability to respond swiftly to market changes, as seen in companies like BSNL, where outdated systems have hindered operational agility and customer service.