Introduction Li & Fung is a listed company in Hong Kong‚ therefore it should comply with the relevant regulation‚ e.g. Listing Rules‚ HK Companies Ordinance and Hong Kong Financial Reporting Standards. Now we are going to discuss whether the information provided in its interim reports for the period ended 30 June 2010 is comply with the relevant regulation and sufficient to enable investors to make investment decisions. Management Discussion & Analysis In this aspect‚ basically the disclosure
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Question 1 What challenges confronted BAL in 1993? 1. Economic forces By the 1990s‚ the Indian economy was undergoing structural change‚ and imports were largely unregulated. Since 1990‚ consumers had felt the pinch of recession‚ inflation had averaged 13%‚ interest rates had shot up‚ and consumer purchasing power had dropped considerably. In 1993‚ demand for two-wheelers had declined substantially‚ the Indian two-wheeler vehicle industry suffered from chronic overcapacity due to the economic
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1. Background In order to build trust in the workplace by establishing a new level of credibility and strengthen relations between management and employees‚ Paul Simard‚ the new plant manager‚ ordered the removal of all time clocks from the plant. Although initially employees saw the gesture as a sign of positive change‚ within two months problems started to appear. About 5% of the employees began showing up late‚ leaving early‚ or took extended lunch breaks. Those employees who respected the
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manufacturer’s decision to internationalize. The central issue is about the choice of where to go‚ and the choice of the type of investment the company will pursue. This paper will analyze the options available for the company and recommend the best solution. 1. Electrosteel options As for the location‚ Electrosteel has two options: France and Vietnam. France is attractive because it could be used as a strategic base to access the entire European Union because a manufacturer located in any EU country is
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Problem/Issue: The MD of Nirmal Rayon has to decide whether to expand the capacity to 7500 tonnes. The MD wants to get reliable volume forecast for the next ten few years to make the decision. Situation Analysis: i) Textile Industry: The volume forecast has been calculated using chain ratio method. The estimates given by consultant have taken the following assumptions which seem valid: a) Per capita consumption – Keeping the past scenario in mind‚ the estimate of 14.5 meters seems pretty reasonable
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Dabur India - Working Capital and Cost Management Dr. Narender L. Ahuja‚ Institute for Integrated Learning in Management‚ New Delhi‚ India Ms. Sweta Agarwal‚ Institute for Integrated Learning in Management‚ New Delhi‚ India ABSTRACT After running as a family business for over 100 years‚ when in late 1990s the management of the Dabur was handed over to a team of professional managers‚ the new management faced a gigantic task of improving performance in several critical areas. In particular
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by Government of India and acts like an operating company. Incorporated on 24 January 1973‚ SAIL has more than 100‚000 employees. During 2010–11‚ the manpower of SAIL reached a level of 110794 (as on 31 March 2011) from 116950 (as on 1.4.2010) The company ’s current chairman is C.S Verma. With an annual production of 13.5 million metric tons‚ SAIL is the 14th largest steel producer in the world. Major plants owned by SAIL are located at Bhilai ‚ Bokaro‚ Durgapur‚ Burnpur and Salem. SAIL is investing Rs
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HUTCHISON WHAMPOA ’S FINANCING STRATEGY PRIOR TO JUNE 1997 A financing strategy is integral to an organization’s strategic plan. It sets out how the organization plans to finance its overall operations to meet its objectives now and in the future. Hutchison‚ like other large firms in Hong Kong‚ relied heavily on internally generated funds to fuel growth. Having reserves of 67‚994m (more than twiceof operating expenses in 1996)‚ it is stable enough to continue without external funding‚ indicating
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Zinc Tank Zinc Tank Filter Zinc Barrel Tank Water H2SO4 Water 7 color Heater Water H2SO4(Cu‚ Brass) Water Working table Water 7 color Store Administrative table DOOR DOOR Working manual for seven color section: 1. First of all the job which are going to be electroplated is sunk into an Acid container of H2SO4. The duration of sinking depends on the size shape and corrosion level of the job. Normally big sized and highly corroded jobs are sunk about 1hour and
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whether the contract is unconscionable‚ which includes the following: bargaining power of both parties‚ whether the consumer understood the terms in the contract‚ and whether undue influence or pressure was applied. In Commercial Bank of Australia v Amadio
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