Compose a 2750 words assignment on international business economics. Needs to be plagiarism free!

In this pursuit, an M&A team also had been setup to seek out prospective targets (Dutta and Chaturvedi, 2005). The main target of globalizing the company was in terms of boosting up exports substantially. Entering the Chinese market through joint ventures or transfers of technology was also on the cards. But these aspirations failed to materialize and instead when the opportunity to acquire Daewoo, a concern that had a market share of 22 percent even with large idle capacities, arrived, Tata Motors grabbed it (Dutta and Chaturvedi, 2005).

The objective of the present endeavor is to look at the acquisition in detail to the extent allowed by the scope. In what follows we look at the strategic and economic rationale of Tata Motors that motivated acquisition, seek to explore aspects like the strengths of Daewoo Motors that made it potentially valuable for Tata Motors, the major challenges faced by Tata Motors in the process of acquiring Daewoo and the major potential synergies and their materialization.

To perceive the rationale of the acquisition, it is first necessary to understand where Tata Motors stood just before this breakthrough phenomenon in the history of the Indian Automobile industry.

Although Tata entered the sphere of manufacturing automotive vehicles way back in 1954 when it collaborated with Daimler-Benz, it spent the following two decades or so in enhancing its R&D base of operations through a multitude of collaborations and manufacturing mainly construction equipment (Dutta and Chaturvedi, 2005). The first commercial vehicle was manufactured in 1977 and by 1983, Telco, as Tata Motors was known until 2003, initiated its production of heavy commercial vehicles. ‘TATA 407’, the company’s first light commercial vehicle that was completely indigenous in design was launched in 1986.

Write 9 pages thesis on the topic islamic and conventional credit cards.

The increased demand is not only from clients need for differentiated products but also from corporations who want to carry out all financial dealings in conformity with Sharia laws. The increasing populations of Muslim countries will additionally propel the demand for Sharia – compliant financial services. Many Muslim nations have young populaces, with more than 60% of the citizens under the age of 21 years, in addition to annual population growth rates of more than 5%. Many conservative banks currently are also engaging in the Islamic Banking market due to its intrinsic feature of minimal exposure to operational risk.

Islamic banking, because of its strict Sharia submission norms, can help clients decrease the risks related to interest based debt bankrolling that plagued conservative banks especially during the recent financial crisis that hit the mortgage market (Alam (2013).

In terms of supply, the main underlying principle of development in Islamic banking is the swelling amount of financial services establishments giving Sharia compliant business solutions. Along with the new Islamic banking institutions that are being designed, there is a developing tendency among current conventional banking institutions to transform their processes to become compliant with Sharia laws.

With mounting business rivalries in their home markets, some Islamic banking institutions in the Middle East have begun to multiply globally, with a preliminary attention to Africa and Asia. This amplified rivalry was leading to fresh advanced products being availed to the markets, therefore, rendering Islamic banking more enticing.

The initial phases of growth in Islamic banking contend with the concept construction where Sharia specialists examined whether the interest those banks charged was similar to riba.

Before 1950s, Muslims were not officially engaging the banking services. so, they did not have any information about bank interest (Shaikh n.d).