Mr. Mohan, Financial manager to ABC Ltd., has prepared the annual statement of proposed expenditure to be presented in the Annual General Meeting.
Identify the type of plan formulated by the financial manager.

Manav Ltd prepares budget in its Annual General Meeting for the year 20162017 What kind of plan is it?

A company wants to establish a new unit in which a machinery of worth Rs 10 lakh in involved. Identify the type of decision involved in financial management.

The Annual Financial Statement of the Government of India in respect of each financial year shall be presented to the House on such day as the

Mr. Kapoor, Finance manager of ABC Ltd. applied for leave to attend a family funstion in Amritsar. The director of the company requested him to cancel his leave as there is an important meeting scheduled on that date. Mr. Kapoor immediately agreed and cancelled his trip as he thought that attending the meeting was more important for company's benefit. Which principle of management is highlighted in this case ?

Mohan and Sohan are friends working in Surya Ltd. As production Manager and Sales Manager respectively. In an interdepartmental meeting, Sohan informed Mohan about a change in the marketing policy of the company. Identify the type of communication used in the above example.

Mr malhotra, Finance manager of ABC Ltd. Applied for leave to attend a family function in Amritsar. The directior of the company requested him to cancel his leave as there is an important meeting schedule on that date. Mr.Malhotra immediately agreed and cancelled his trip as he thought attending meeting is more important for company's benefit. Which pronciple of Fayol is applied by Mr. Malhotra ?

Tricom Ltd.' a computer hardware manufacturing company imported a new machinery for manufacturing latest technology based computer systems. The human resource manager determined that for operating the new macines, the company required the necessary workers through placement agency. After 3 months, it was reported by the production manager that the workers were not able to meet the target production. The General Manager got annoyed and ordered inquiry for the same. It was reported that the newly recuired workers possessed the necessary skills and abilities but lacked the willingness to do work. (i) Name the functions of management involved above. (ii) Name the relevent concept of functions identified in (i). (iii) Which concept of management will help the company in meeting the target production ?

JW Ltd. Was a company manufacturing geysers. As a part of its long-term goal for expansion, the company decided to identify the opportunity in rural areas. Initial plan was rolled out for Bhiwani village in Haryana. Since the village did not have regular supply of electricity, the company decided to manufacture solar geysers. The core team consisting of the Regional Manager, Accountant and the Marketing Manager was taken from the Head Office and the remaining employees were selected from the village and neighbourhood areas. At the time of preparation of financial statements, the accountant of the company fell stick and the company deputed a junior accountant temporarily from the village for two months. The Balance Sheet prepared by the junior accountant showed the following items against the Major Heads and Sub-heads mentioned which were not as per Schedule III of the Companies Act, 2013: Identify any two values that the company wants to communicate to the society. Also present the above items under the correct major heads and sub-heads as per Schedule III of the Companies Act, 2013.

The management of Tripura X Ltd has decided that all orders received from customers must be acknowledged on the same day. What type of plan it is? Discuss.