Question

what could be the main reason for Tata motors entering the global ultra-low-cost car market?

what could be the main reason for Tata motors entering the global ultra-low-cost car market?

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

The Tata Motors is very confident about its future sales and it will get approximately 16 million car sales all over the world by 2020. The reason for this is to entering in to global ultra-low-cost car market. Tata Motors also found that India is main focus of this Ultra-low-cost car market. Because population has increased and people are able to buy cars and they will attract with low-cost strategy, which means no discounts but product is very fair and we can observe that like other countries (China and Russia), income levels of people also increased. So population and growth rate of income levels are main reason to attract people and to entering into global ultra-low cost market

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1. If i am entering into a perfectly competitive market, what would be my main decision?...
1. If i am entering into a perfectly competitive market, what would be my main decision? a. None of the above b. Both Price and quantity decision for profit maximization c. How much price to charge for Profit Maximization. d. How much quantity to produce to maximize my Profit . 2. Allocative efficiency in perfect competition refers to a. Maximum producer surplus b. Maximum consumer surplus c. Maximum output per input d. Maximum consumer and producer surplus .
Could differences in the sticker prices of the luxury-car market be used as a proxy for...
Could differences in the sticker prices of the luxury-car market be used as a proxy for measuring the strength of Toyota’s best-cost strategy?
Case Study 11.1 – TATA’S HANDLING OF THE MUMBAI TERRORIST ATTACKS Tata, a global group of...
Case Study 11.1 – TATA’S HANDLING OF THE MUMBAI TERRORIST ATTACKS Tata, a global group of companies headquartered in India, operates in seven busi­ness sectors: communications and information technology, engineering, materials, services, energy, consumer products and chemicals. The group operates in more than 80 countries across six continents, with 58 per cent of its revenues coming from business outside of India. Well-known companies within the group include Tata Steel, Tata Motors, Tata Consultancy services, Tata Tea and Taj Hotels. Whilst...
Q1: Global warming is considered to be an important example of market failure because: (a) Oil...
Q1: Global warming is considered to be an important example of market failure because: (a) Oil firms act as an oligopoly, coordinating their output and pricing decisions. (b)The private cost of global warming exceeds the social cost of producing goods. (c) Consumers desire for publicly owned resources to be transferred to private ownership. (d) The social cost of global warming exceeds the private cost of producing goods. Q2: Tradable Pollution Permits (TPP) are used to: (a) Reduce SO2 emissions by...
From the income statement below, what could be a reason for "Net Income" to increase if...
From the income statement below, what could be a reason for "Net Income" to increase if everything else remains the same? Income Statement $15,000 Net Sales $  4,500 Cost of Goods Sold $10,500 Gross Profit $ 3,500 Operating Expense $ 7,000   Net Income Before Tax $ X,XXX   Income Tax @ 25% $ X,XXX  Net Income (Loss) Increase in income tax Decrease in gross profit Decrease in operating expense Increase in cost of goods sold (COGS)
Entering the Indian Market Gotta Go Freight Forwarding is looking to develop a logistics agency network...
Entering the Indian Market Gotta Go Freight Forwarding is looking to develop a logistics agency network offering all modes of transportation inclusive of warehousing and distribution in India. Your marketing department has submitted their first report of findings. Confidential Report of Findings - India The overall logistics market in India which currently stands at about Rs 3,50,000 (exchange rate 1USD = 51.4100 Rs) crore (10 million) is likely to go up to Rs 7,00,000 crore in the next five years...
In a market for flat screen televisions, what affects on the market would the restriction of...
In a market for flat screen televisions, what affects on the market would the restriction of low cost flat screens from China have (in a supply and demand graph perspective)? I am at a loss, as one could say supply would be affected as now there are less sellers in the market making TVs more expensive? On another note, one could also say demand would be impacted as low income individuals will have limited options to purchase TVs due to...
Little Kona is a small coffee company that is considering entering a market dominated by Big...
Little Kona is a small coffee company that is considering entering a market dominated by Big Brew. Each company’s profit depends on whether Little Kona enters and whether Big Brew sets a high price or a low price: Big Brew High Price Low Price Little Kona Enter $2 million, $3 million -$2 million, $1 million Don’t Enter $0, $8 million $0, $3 million True or False: Only Big Brew has a dominant strategy of maintaining a high price in this...
Assume a competitive market for oil. Low-cost producers can produce 2 million barrels at $20 per...
Assume a competitive market for oil. Low-cost producers can produce 2 million barrels at $20 per barrel. Medium-cost producers can produce 10 million barrels at $30 per barrel. High-cost producers can produce 10 million barrels at $40 per barrel. If demand is perfectly inelastic at 5 million barrels, what is the equilibrium price of oil? a) $40 b) $30 c) $25 d) $24 e) $20
“Today” is late March. Your company, Mesquite Bush Refining Inc., produces 42,000,000 gallons of ultra low...
“Today” is late March. Your company, Mesquite Bush Refining Inc., produces 42,000,000 gallons of ultra low sulfur diesel (ULSD) fuel at the end of each month. You have the following market data. Spot price of ULSD diesel fuel: S0 = $1.79/gal. Futures price of June NYMEX New York Harbor ULSD futures: F0 = $2.10/gal. Size of the underlying for this futures contract: 42,000 gallons Trading in a NYMEX New York Harbor ULSD contract ceases shortly before the contract month begins....
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT