Cyrus Mistry Defends Tata Record

Cyrus Mistry Defends Tata Record

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Heidi Mystery claims wrongful dismissal from Tata Group, highlighting financial challenges and corporate governance issues. He faced interference from Ratan Tata, affecting his ability to implement changes. Mystery attempted to address financial losses in various ventures, including the Nano car and telecom business, but faced significant obstacles. The ongoing power struggle reveals deeper issues within the company.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason for the $18 billion write-downs faced by the Tata Group?

Unprofitable businesses

Successful businesses

Increased market share

New investments

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the major challenges faced by Mystery during his tenure?

Support from Ratan Tata

High employee turnover

Lack of funding

Interference from Ratan Tata

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the financial outcome of the Nano project?

It was highly profitable

It broke even

It consistently lost money

It was sold to another company

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the financial implication of the telecom business with NTT Docomo?

No financial impact

A successful partnership

A payment of more than a billion dollars

A profit of $1 billion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What ongoing issue is highlighted in the final section?

A resolved conflict

A power struggle

A successful merger

A new business venture