TATA STEEL REORGANISES STRUCTURE Indias Tata Steel has reorganized its management structure to…

TATA STEEL REORGANISES STRUCTURE Indias Tata Steel has reorganized its management structure to realize its corporate goal of becoming a leading player in the global steel industry. The company has formed a centralized body to create common strategies across the whole group, which has steelworks in the UK, Thailand and the Netherlands as well as India. The functions that will be centralized will be technology, finance, corporate strategy and corporate communications. Source: http://uk.biz/yahoo.com 10 marks, 20 minutes 1. Define the term centralized decision-making structure. [2] 2.
TATA STEEL REORGANISES STRUCTURE Indias Tata Steel has reorganized its management structure to realize its corporate goal of becoming a leading player in the global steel industry. The company has formed a centralized body to create common strategies across the whole group, which has steelworks in the UK, Thailand and the Netherlands as well as India. The functions that will be centralized will be technology, finance, corporate strategy and corporate communications. Source: http://uk.biz/yahoo.com 10 marks, 20 minutes 1. Define the term centralized decision-making structure. [2] 2. Outline the difference between centralized and decentralized decision-making structures in an organization like Tata. [4] 3. Explain two reasons why Tata has maintained centralized control over finance and corporate strategy. [4]

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