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Lira Ltd. Is a company manufacturing designer socks. While making its plan, the company takes into consideration the business environment. It constantly adapts itself to changes in envirnoment by making changes in its plan. However, it becomes difficult for the managers of the company to accurately foresee future trends in the environment. Competition in the market upsets its finacial plans, then sales targets have to be revised and, accordingly cash budgets also need to be modified since they are based on sales figures. States the limitations of planning highlighted in the above lines.

Format Of Short Story

Saqib Ltd, is a large credit worthy company operating in the Kashmir Valley. It is an export oriented unit, dealing in exclusive embroidered shawls. The floods in the Valley have created many problems for the company. Many craftsmen and workers have been dislocated and raw material has been destroyed. The firm, is therefore, unable to get an uninterrupted supply of raw material, and the duration of the production cycle has also increased. To add to the problems of the organisation, the suppliers of raw material who were earlier selling on credit are asking the company, for advance payment or cash payment on delivery. The company is facing a liquidity crisis. The CEO of the company feels that taking a bank loan is the only option with the company to meet its short term shortage of cash. As a finance manager of the company name and explain the alternative to bank borrowing that the company can use to resolve the crisis.

Saqib Ltd. is a large creditwothy company operating in the Kashmir Valley. It is an export oriented unit, dealing in exclusive embroidered shawals. The floods in the Valley have created many problems for the company. Many craftsamen and workers have been dislocated and raw material has been destroyed. The firm is therefore, unable to get an uninterrupted supply of raw mateial, and the duration of the production cycle has also increased. To add to the problems of the organisation, the suppliers of raw material who were earlier. The company is facing a liquidity crisis. The CEO of the company feels that taking a bank loan is the only option with the company to meet its short term shortage of cash. As a finance manager of the company name and explain the alternative to bank borrowing that the company can use to resolve the crisis.

Introduction To Short Story

Bhuvan Ltd. Is a garment manufacturing company. The company regularly scans business environment and constantly adapsts itself to the changes in environment. With all these efforts also it become difficult for company to foresee future trends. Competition in the market effects the financial plan of the company, sales targets have to be revised which in turn effect the cash budget. (i) Planning may not work in dynamic environment. (ii) Plans: (a) Strategy (b) Budget

Astra Builders has to deliver the flats to its buyers on time. Due to this there is a sudden rush of work. Therefore, the company needs to arrange workers to work at the sites at a short notice. The source of recruitment which may be used by the company to tap the casual vacancy is : a. Direct recruitment, b. Advertisement, c. Recommendation of employees, d. Employment Exchange.