1.R,M & S are the Production, marketing & Finance Managers respectively of ABC Crackers Ltd. They regularly observe and discuss the changes taking place in the business environment nationally & internationally. One day they discussed the present stand off between India and Pakistan after the Uri Terrorists attack on Indian Soldiers, which resulted in the loss of life for a score of Indian Soldiers and China’s support to Pakistan.
They observed that China is constantly supporting Pakistan because it wants to make the CPEC(China Pakistan Economic Corridor)operational, which will help China to reach Europe & Middle East through Pakistan and save its time and cost. China had blocked an Indian move in the UN Security Council. This also made the Indians to react against China. The Indians through social media started a campaign to boycott Chinese products. It got momentum and so many people started boycotting Chinese products and started using Indian products even though they are relatively costlier than their Chinese counter parts.
M,Suggested to others that this time there will be higher demand for crackers made in India during the festival season due to the voluntary boycott of Chinese products by the Indians. So they discussed the roadmap to increase the production and sale of fire crackers in the coming festival season.
On the basis of the above discussion, Identify the capital requirements of ABC Ltd. and explain any four factors affecting such requirements.
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