Q.15 Ruchika Ltd. A reputed IT company in India want to tap the huge amount of resources
for its growth and expansion from U.S.A for long term needs. It also need money for a period
of less than 3 years to meet its medium as well as short-term needs. The company is following
the practice of educating and giving employment to underprivileged youth. 50% of its office
electricity is generated through solar power. (6)
(a) Which 2 sources of finance should be used by the company to meet its requirement?
Explain
(b) Explain any 2 values shown by the company in the above case.
Answers
Answer:
Bahrain’s market, although small, hosts a range of IT companies within the areas of IT services, IT distribution, IT consultancy, data management systems, software developers and customer support centres. Ranked the first in MENA for ICT readiness, Bahrain offers the most competitive and affordable ICT services in the region.
Having been the first country regionally to fully deregulate its telecommunications market, Bahrain continues to pioneer by becoming the first economy in the GCC to adopt a cloud-first policy. Bahrain’s government is committed to accelerating the transition to the cloud, enabling a more forward-thinking approach to data management as well as expanding business opportunities.
Bahrain offers information and communications technology companies various benefits including a business-friendly regulatory environment, great access to the regional market, a robust ICT infrastructure, a cost competitive location, powerful internet connectivity systems, availability of skilled human capital and various office setup options
Explanation:
Bahrain lies at the heart of the Arabian Gulf, providing fast and efficient access to a $1.5 trillion market. The regional route network and Bahrain’s central location allows easy access to large neighbouring economies like Saudi Arabia.
The total value of the ICT market in the Middle East is forecast to reach USD 200bn in 2017. As such, the region presents various information and communications technology opportunities in a range of different sectors including
Answer:
Ans a) The two source of finance can be
1. Public deposit
2. Retain earning