Learning Objectives|Case Study (When Tata Steel Acquired Corus)|Introduction|Meaning of Business Finance|Financial Management|Importance

Learning Objectives|Case Study|Introduction|e-Business|Scope of e-Business|Benefits of e-Commerce

Vikas is a well-known businessman in the field of publishing. He owes the success of his business to his own education in business management and his team of certified management consultants. Therefore, he decides to send both his children Parth and Pranav abroad to acquire a degree in business management in their individual area of expertise. He feels that all over the world there is marked growth in management as a discipline, but still it is not considered to be a full-fledged profession for certain reasons On the basis of the above case Critically examine the various reasons because of which management is not considered to be a full-fledged profession.

Study the following information carefully and answer the questions given below: An organisation wants to recruit Management Trainees. Following are the criteria for such recruitment. The candidate mustbe- (A) a graduate in any discipline with at least 65 percent marks. (B) above 24 years and not above 30 years of age as on 01.11.2004. (C) having a postgraduate degree/ diploma in Management or have completed ICWA/CA/CS with at least 55 percent marks. (D) having an experience of 0-2 years. (E) ready to be on probation for one year. If a candidate satisfies all the criteria EXCEPT- (i) at (C) above, but is an engineer with minimum 70 percent marks his/ her case is to be referred to AGM- PA. (ii) at (D) above, but has secured at least 70 percent marks in post graduation his/her case is to be referred to the GM-PA. Based on the above criteria and information provided below, make a decision in each case. You are not to assume anything. If the data given are not enough to take a decision mark your answer as 'data inadequate'. These cases are given to you as on 31.10.2004. Karan Ambani is a Science graduate with 70 percent marks. He completed his post graduation in Business Management with 60 percent marks in the year 2001 and has been working since then. He is ready to be on probation of one year.

A busines that doesn't grow dies, says Mr. Shah, the owner of Shah Marble Ltd. With glorious 36 months of its grand success having capital base of Rs 80 crore. Within a short span of time, the company could generate cash flow which not only covered fixed cash payment obligations but also create sufficient buffer. the company is on the gorwth path and new breed of consumers is eager to buy the Italian marble sold by Shah Marable Ltd. to meet the increasing demand, Mr.Shah decided to expand his business by acquiring a mine. this required an investment of Rs120 crore. to seek advice in this matter, he called his financial advisor Mr.Seth who advished him about the judicious mix of equity (40%) and Debt (60%) . Mr. Seth also suggested him to take loan from a financial institution as the cost of rasising funds form financial instituations is low. Though this will increase the financial risk but will also rasie the return to equity shareholders. He Also appraished him that issue of debt will not dilute the control of equity shareholders. at the same time, the interset on loan iws a tax deductible expense for computation of tax liability. After due deliberations with Mr. Seth, Mr.Shah decided to raise funds form a financial institution. (a) Identify and explain the concept of Financial Management as advished by Mr. Seth in the above situation. (b) State the four factors affecting the concept as identified in part (a) above which have been discussed between Mr. Shah and Mr. Seth.