Friday, October 18, 2019
Tata Consultancy Services Limited Assignment Example | Topics and Well Written Essays - 1000 words
Tata Consultancy Services Limited - Assignment Example Tata Consultancy Services Limited The Tata code of conduct says that any employee of Tata should not engage himself/herself in any relationship, business or any such activity that might cause conflict of interest in the company or in Tata group. A situation of conflict of interest can arise directly or indirectly if an employee of the company engages in relationship, activity or business with a party who is transacting with Tata Company or if an employee is taking undue advantage of his position by influences decisions in the company or an independent decision or judgement that cannot best for the group or the company. Interaction of TCS with Financial Market Equity share capital of TCS is traded on BSE and NSE. The company has 1957220996 equity shares with value of 195.72crores traded in the exchange. The company publishes its annual report every year which helps the public and financial market participants to know about the companyââ¬â¢s financial and profitability position. It also publishes any news regarding the companyââ¬â¢s business operation or any legal changes in the company. The CSR program of TCS includes education, environment and health around the world. It has developed many innovative solutions to solve various societal problems by utilizing their IT competencies. It also provides support for natural disaster relief as their corporate social responsibility. It also engages itself in various community development programs organized by its clients. In 2011-12 year it had engaged itself 58362 hours for corporate social responsibilities and provides help to 5790604 beneficiaries. ... How does TCS view its social obligations and manage its image in society The CSR program of TCS includes education, environment and health around the world. It has developed many innovative solutions to solve various societal problems by utilizing their IT competencies. It also provides support for natural disaster relief as their corporate social responsibility. It also engages itself in various community development programs organized by its clients. In 2011-12 year it had engaged itself 58362 hours for corporate social responsibilities and provides help to 5790604 beneficiaries. The participants of TCS Summit 2013 attended for build a bike for local charity. They participated in the race to build the ultimate bicycle which is human powered and needs no gasoline in Hilton. It was done to help those who are in need of it. Risk Analysis Risk profile of TCS and the amount of overall risk The company operates in large size global market with comparatively low level of penetration gives it significant room for growth in future. They key risks that are faced by TCS are as follows- risks due to global economic situation, redundancy in business model, integration risk in merger and acquisition, risk in supply side, volatility in currency, risk due to protectionism, Anti bribery and compliance and risk due to pressures of cost. Where is this risk coming from and how is the risk profile changing The risks that are faced by TCS mainly come from global market and currency volatility. It also faces some internal risk like risk due to cost pressure of increasing salaries and operating expenses. It also faces challenges which include cultural, technological and financial risks from other firms after
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.