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.Use Porters Five Forcemodelto analyze the competitive situation in the Japanese IT services industry.Clearly specify the magnitude of each forceas low or mediumor high, and justify your answerswith case facts. (2.5%)2.Is the competitive situation favourableor unfavourable for Tata Consultancy ServicesLimiteds(TCS1)operationin the Japanese marketfrom the perspectives of thecompany (TCS),Japanese customer, and competition in Japan, respectively?For example, if you determinethatthe competitive situation for TCSis favourable/unfavourablefromthe2perspectiveofthe Japanese customer,clearly specify your answer and justify itwith case facts)3.What differences between theinstitutions(e.g., economy, geographicallocation,and culture)inIndia and Japan were potentially detrimental to TCSin the Japanese market?For instance, if you think that the economicdistance between India and Japan is low or medium or high, clearly specify your answer and justify it with appropriate information. Externaland reliableinformationsuch as Hofstedes value dimension scores for the two countries can be used for this question.4.Modes of Entryand VRIO Framework:a.Why was TCS initial entry in the Japanese market through the wholly owned subsidiaryin 1987 unsuccessful? (1%)b.Why did TCSgive up its full ownership and control in 2014 to enter into the joint venture(JV) with Mitsubishi Corp. (MC)?c.From the perspective of TCS, identify the three most importantresources and/or capabilities that MCbrought to theJV. Be clear on what each one is and explain why you think they are the three most important. Apply the VRIO framework to each of these three resources and /or capabilitiesd.To penetrate the Japanese IT services market and compete with local giants, should TCShave acquired another medium-sized Japanesecompany instead of joint venturing with MC?Why or why not?e.Should TCScollaboratewith other Japanese companies through non-equitymode instead?Why or why not? 5.Recommendations:
3a.What would be your short-term recommendations for TCSJapan2s operationin theJapanese market? Briefly justify your decision(s). What would be your long-term recommendations for TCSsfuture in the Japanese market?Briefly justify your decision(s
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