NextQ140

Ashok was an entrepreneur. He prepared a plan for manufacturing a car with some unique features.He decided to set-up the manufacturing unit in a reputed industrial area of Gujarat where labour and the facilities for their training were available at a cheap rate. The plan also discussed about issues of long-term social welfare like arrangement for dumping and disposing of waste or emissions. He also decided that some components of the car would be imported from France. The above information describes an important component of a business plan.(a) Identify the component. (b) State three elements other than those discussed in the above para to be covered under this component.

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Question 139

An organisation will have to look into three situations while framing the production plan. Explain these three situations.

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