Questions 1. How has the value of the Indian rupee changed compared to China's yuan and the US dollar in the last six months? How does this impact Tata? 2. In the About Us section of the company's website, go to the corporate governance section and click on the values and purpose link. Evaluate Tata's vision and mission statement mentioned in this section. Discuss the potential implications of Tata's vision and mission on the firm's com- petitive advantages. Source: Based on company documents

The Indian rupee get stronger.

Explanation:

Positive change occur in the value of the Indian rupee as compared to China's yuan and the US dollar in the last six months because in the last six months the dollar rate was 76 Indian rupee while in this month the dollar rate is equal to 73 Indian rupee which means that Indian rupee gain positive change as compared to China's yuan and the US dollar. This decrease in the dollar rate also has positive impact on Tata because it can purchase raw material in a lower rate from the international market.

absolutism the political belief that one ruler should hold all of the power within the boundaries of a country.