Saurabh Jain set up a telecom
business in Nasik, named as
"Ketone', with an ambitious target
of reaching out of 90% of the
Indian population within one year.
He choose this business on the
belief that the demand for data
services will increase 4 times
within the next 2-3 years. To fulfill
such as ambitious target, he had
to either acquire an existing
telecom business or collaborate
or go independently and
aggressively in the light of tough
competition.
He assessed the proposals of
different companies vis-à-vis
earnings per share, tax liabilities,
dividends paid, etc. and their
future projections, knowing fully
well that the projections may
change if the country's economic
policies get modified.
The above paragraph discussed
some of the steps of the one of
the functions of management. By
quoting the lines from the above
paragraph, explain these steps in
chronological order.
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