Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ABC handlooms Ltd. set up a factory for manufacturing jute bags in a remote village so that the company is close to raw materials. The

image text in transcribed

ABC handlooms Ltd. set up a factory for manufacturing jute bags in a remote village so that the company is close to raw materials. The revenue earned by the company was sufficient to cover the costs and the risks involved. The demand of bags was increasing day by day, so the company decided to increase production to generate higher sales. For this they decided to employ people from the nearby villages, as very few job opportunities were available in that area. The company also decided to open schools and crches for the children of its employees. a. Using PESTEL to analyse this company discuss whether this company has the capacity to grow in the next five years. (15 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Logistics

Authors: Paul R. Murphy, Michael Knemeyer

11th edition

132953463, 2900132953466, 978-0132953467

More Books

Students also viewed these General Management questions