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Tata Steel
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Tata Steel

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Questions and Answers

Which Tata company became a reality during Jamsetji Nusserwanji Tata's lifetime?

  • The Taj Mahal Hotel (correct)
  • Tata Motors
  • Tata Consultancy Services
  • Tata Power

    • What were the four goals in Jamsetji Nusserwanji Tata's life?

  • Establishing a textile company, a global shipping business, a chain of restaurants, and an automobile manufacturing unit
  • Building a financial institution, a chain of supermarkets, an aviation company, and a pharmaceutical research center
  • Setting up an iron and steel company, a world-class learning institution, a unique hotel, and a hydro-electric plant (correct)
  • Creating a telecommunications company, a sports complex, an entertainment park, and a fashion design institute

    • What principle did Jamsetji Nusserwanji Tata believe in regarding workers?

  • Workers should be strictly controlled and monitored
  • Workers should not expect any benefits from the company
  • Workers should not be paid until the company makes a significant profit
  • Satisfied workers create satisfied workers (correct)

    • What was the cost of the Taj Mahal Hotel at the time of its inauguration?

    <p>11 million</p> Signup and view all the answers

    What was unique about the Taj Mahal Hotel at the time of its inauguration?

    <p>It was the only hotel in India to have electricity</p> Signup and view all the answers

    Study Notes

    Jamsetji Nusserwanji Tata's Achievements

    • The Taj Mahal Hotel became a reality during Jamsetji Nusserwanji Tata's lifetime.

    Jamsetji Nusserwanji Tata's Goals

    • His four goals in life were to establish an iron and steel company, a world-class learning institution, a unique hotel, and a hydroelectric project.

    Jamsetji Nusserwanji Tata's Principles

    • He believed in the principle of "looking upon the employees as 'associates'" and not just workers.

    Taj Mahal Hotel

    • The cost of the Taj Mahal Hotel at the time of its inauguration was ₹4 million.
    • What was unique about the Taj Mahal Hotel at the time of its inauguration was that it was the first hotel in India to have electricity.

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    Description

    Test your knowledge of the history and values of Tata Steel with this quiz. Explore the nature and significance of management at Tata Steel, and learn about the global business conglomerate's legacy, values, and entrepreneurial spirit.

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