InterviewSolution
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Board of Directors of ‘’Bio Pure water Ltd.’’ decides to set up its first unit in the hilly area of Himachal Pradesh. Company requires Rs. 3 crores for set up and Rs. 50 Lakhs for working capital. The company has earned marked 15% of its profit for Educational and Health needs of its employees and their family members. (a) The above company comes under which category as per MSMED Act 2006. (b) Write any one commercial reason for setting up of unit in the hilly region. (c) According to you, what are the options available to the company for meeting its long term and short term needs? (d) What are the values promoted by the company? |
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Answer» Board of Directors of ‘’Bio Pure water Ltd.’’ decides to set up its first unit in the hilly area of Himachal Pradesh. Company requires Rs. 3 crores for set up and Rs. 50 Lakhs for working capital. The company has earned marked 15% of its profit for Educational and Health needs of its employees and their family members. (a) The above company comes under which category as per MSMED Act 2006. (b) Write any one commercial reason for setting up of unit in the hilly region. (c) According to you, what are the options available to the company for meeting its long term and short term needs? (d) What are the values promoted by the company? |
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