Read the extract and complete the activities given below:
"I don't believe in taking the right decisions. I take decisions, I take decisions and then make them right." One of them make them right. One of the right decisions taken by Ratan Tata. His inspiring words made me dream beyond shadows. I felt fortunate that I discovered him in the early stage of my life and now I am using his teachings to mould my future the way I want.
Even though Ratan Tata was born in a very posh family of India, he never took money and power for granted. He graduated from Riverdale country from New York, Ratan Tata returned to India in search of change that he could bring to India. He started as a fellow on the shop floor at Tata Steel. After working for almost 10 years he was appointed as the director-in-charge of the National Radio and Electronics Company Limited (NELCO) in order to help its struggling finances. He worked hard building a better consumer electronics division but the economic recession and union strikes prevented him from achieving success and this struck the Tata Group of companies. He started with a very basic job in his father's company and today he owns a billion dollar company.
The tag of greatness does not come without making any sacrifices and this tag on Ratan Tata suits to its best.
Tata group launched its passenger car Tata Indica in the year 1998 but Tata Indica was a failure in its first year and the experiment seemed to be failing. Many people started advising Ratan Tata that he should sell the passenger car business. Ratan Tata also agreed to sell his car business and approached Ford. They went to Detroit to discuss the sale. They treated him humiliatingly. The company is not doing well. So, Ford's representative arrogantly said that they were doing a favour by buying their business.
Ratan Tata decided to move back home. While travelling he was very tense as the feeling of being insulted was on his mind. After earlier failures, Tata Motors did very well with its business of passenger cars but in the same period, Ford did very bad. In 2008 when Ford was on its way of bankruptcy, Tata Group offered Ford to buy its luxury car brand Jaguar-Land Rover. Ford arrived in Mumbai for the meeting. In the meeting, Bill Ford said to Ratan Tata, "You are doing a big favour for us by buying Jaguar-Land Rover". Jaguar-Land Rover is now owned by Tata Group and is currently making profits.