MaxPlus Cottons is closing its Chennai manufacturing plant amidst a slow economic
climate. Mahesh Kumar, Chief Operating Officer needs to be the bearer of bad news. The silver lining is that all employees will be redeployed to other plants, and there will be no job cuts. Considering the nature of the news, Mahesh has decided to use the indirect approach while writing the email. He is thinking of an effective buffer to use in the opening paragraph. What is a buffer? Explain any 5 types of buffers, illustrate with
examples.
Answers
Explanation:
Demand forecasting is not a speculative exercise into the unknown. It is essentially a reasonable judgement of future probabilities of the market events based on scientific background. Explain the statement by elaborating different qualitative and quantitative
methods of demand forecasting. (10 Marks) 3.a. Define elasticity of supply and find the price from the given statement: If Es of a good is 2 and a firm supplies 200 units at price of Rs 8 per unit, then at what price will the firm supply 250 units. (5 Marks) 3.b. Calculate the elasticity of supply if a 15 %increase in the price of soya bean oil increases its supply from 300 to 345 units NMIMS Global Access School for Continuing Education (NGA-SCE) Course: Financial Accounting & Analysis Internal Assignment Applicable for June 2021 Examination
Discuss and analyze the following transactions for X Ltd, using the concept of accounting equation (Assets, Liabilities and Equities).
Purchased Furniture for Rs675000
Capital Introduced by the business Owner by depositing 12 Lakhs in the bank account
Goods purchased on credit from Aman Enterprises for Rs105000
Goods sold on credit for Rs 400000. The cost of the goods sold was Rs 300000
Purchased goods from Sneha Enterprises for Rs 600000 and made the payment from the business’s bank account