Management Answers

Mr. Prakash wants to start up his venture. He has no idea about the investment stages, which forms the building block for the start-up business and hence seeks help from his financial advisor Mr. Sharma. Discuss the three stages of venture capital financing to Mr. Prakash.

Is corporate responsibility something that can be ignored ‐ by big businesses such as Lonmin in the pursuit of making profits for shareholders, if it makes a substantial contribution to government revenue? (This is a theoretical perspective)

Which of the following describes the purpose of an income statement?

(Note: More than one option may be correct.)

1.To determine the financial position (in terms of assets and liabilities) of a firm at a particular point in time

2.To study the year-on-year comparison 

3.To study and identify business trends 

4.To evaluate overall profitability margins

Do big businesses such as Lonmin disregard corporate responsibility in the pursuit of making profits?

 EarthMovers Ltd are into providing heavy vehicle services. They have various heavy 

vehicles like tractors, cranes, bull dozers, mixer trucks, etc. They have been growing 

increasingly and have employed a total staff of 1200. They have divided their business in 

a Divisional structure. Based on this information, answer the following questions. 

a. Discuss the features of divisional structure of organization and infer the divisions that 

EarthMovers may have employed.

Intelligent Services, your employer, prides itself on hiring minorities. One candidate

fully fits the job requirements for an open position in your division. However, your boss

is concerned that some of your customers will not understand the candidate’s limited

command of the English language. You are the manager to whom this candidate will

report, if selected.

Which two programs and/or processes will you introduce in your division to be able to

successfully deploy many more such candidates in future?

Using the 3S model as a framework explain how Kodak could have used the three (3) levels(Strategic; Systemic and Situational) to turn its business fortunes and sustainability around

I. Is corporate responsibility something that can be ignored ‐ by big businesses such as Lonmin in the pursuit of making profits for shareholders, if it makes a substantial contribution to government revenue? (This is a theoretical perspective). II. Based on the Lonmin case and your additional reading, what are the factors that big businesses should build into their decision making when they formulate their strategic plans? (This is a practical perspective that takes into account your answer to part A).

Is corporate responsibility something that can be ignored ‐ by big businesses such as Lonmin in the pursuit of making profits for shareholders, if it makes a substantial contribution to government revenue? (This is a theoretical perspective).

Lisa, a commerce graduate, has been working in the field of Finance for the last 3 years.

She now decides to do her post-graduation in management from a reputed college. As a

part of her documents, Lisa requires a recommendation letter from her former professor.

Imagining yourself to be Lisa, write a letter to your former professor requesting him to

write a recommendation letter for you. Take care to refresh the professor’s memory

because you had passed out three years ago. Creatively assume any other details that you

need for writing the request letter.