Question: What advantages does the Tata group gain from being a conglomerate? What are the disadvantages? 1 1 - 2 9 . What are institutional voids?

What advantages does the Tata group gain from being a conglomerate? What are the disadvantages?

11 - 29 .

What are institutional voids? Why might they encourage the conglomerate form of organization in emerging markets?

11 - 30 .

Many corporate takeovers involve the acquiring firm installing its own managers and slashing the payrolls of the acquired firm. Why has Tata chosen to retain the existing management teams of the foreign companies it has taken over?

11 - 31 .

The Tata group has a strong commitment to high ethical standards and corporate social responsibility. Does it gain any competitive advantages in the marketplace because of this commitment?

11 - 32 .

What advice would you give to Natarajan Chandrasekaran, the newly installed chairman of Tata Sons? What are the primary challenges that he faces? What changes, if any, would you recommend him to make to the Tata group

s policies and procedures?

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