Suryodaya Ltd appointed a team of five efficient managers to plan for its new project of building a residential colony For this, they are paid a huge amount of remuneration also
Explain, giving reasons, incurring such huge expenditure on planning is justified for the company

Suryodaya Ltd appointed a team of five efficient managers to plan for its new project of building a residential colony For this, they are paid a huge amount of remuneration also Explain the process that would be followed by the team

ABC Ltd. Has a plan of increasing profits by 20% . It has devoted a lot of time and money to this plan. But the competition starts increasing, so it could not changes its plan to beat its competitors because huge amount of money had already been devoted to the pre-decided plan. It caused losses to the company. Explain any two limitations of planning highlighted in the above case. Also, quote the lines from it.

Ganga Ltd. Is a popular company manufacturing water coolers . Its product is very much liked by people in the market . The traders are in a race to become the company 's distributors . The company had been earning huge profits for many years . However , in the year 2018 , the company 's half yearsly report shows a great decline in the company 's profit . The top management is worried about this . A team of specialists from outside is appointed to solve this serious problem . After a thorough examination , the specialists presented the following reasons for the decline in the profits of the company. (i) Increase in competition and change in taste of the consumers. (ii) Theft of cash and goods by the employees. Identify and explain the two causes of decline in profits.

Alpha Ltd. has a plan of increasing profit by 20%. The company spent a lot of time and money to frame and implement this plan. The competition increased, so it could not change its plan to beat its competitors because huge amount of money is already spent. The plan failed and company suffered huge loss. State any two limitations of planning.

XYZ Ltd., took a loan of ₹ 50 lakh from a bank for its growth and expansion plans . The company was unable to repay the loan amount because of heavy losses incurred in the business on a continuous basis . The management of the company asked its shareholders to contribute towards repayment of the loan . But the shareholders refused as they had already paid the full amount due on their shares . The bank filled a case against XYZ Ltd. in the court . The court held that the shareholders of the company were not liable to repay the loan as they had not unpaid amount on shares . (a) Is the court's decision justified ? Give reason in support of your answer . (b) Which characteristic of the company form of organisation protected the shareholders ? Explain .

Diksha Ltd. Was marketing diswashers which were very popular due to their quality and after-sale services provided to the customers. The company was a leading company in the market and earing huge profits. Because of huge profits the company ignored its after- sale services. As a result its relations with the customers got spoiled and the image of the company was damaged in the eyes of the public. Top management became concerned when the profits for the current quarter fell steeply. On analysis it was revealed that ignoring after-sale services was its reason. Therefore, the company took all possible measures to protect and promote its image. As a result the goodwill of the company improved in the society. Also explain role of the tool as identified in part (i).