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Lusaka Foodies Ltd is not performing too well. New agricultural policies have seriouslyaffected the net turnover. According to the numbers, however, there is a viable
Lusaka Foodies Ltd is not performing too well. New agricultural policies have seriouslyaffected the net turnover. According to the numbers, however, there is a viable chancefor it to be revived but there is much pressure from stakeholders to wrap up business.REQUIRED:A Would business administration apply in this scenario? Explain why or why not. MARKSB If compulsory winding up were to take place, what is the procedure? MARKSC Distinguish II above from voluntary winding up procedures. MARKSD In terms of the Zambian laws, what is the major problem as regards liquidationproceedings? MARKSTOTAL: MARKS
Lusaka Foodies Ltd is not performing too well. New agricultural policies have seriouslyaffected the net turnover. According to the numbers, however, there is a viable chancefor it to be revived but there is much pressure from stakeholders to wrap up business.REQUIRED:A Would business administration apply in this scenario? Explain why or why not. MARKSB If compulsory winding up were to take place, what is the procedure? MARKSC Distinguish II above from voluntary winding up procedures. MARKSD In terms of the Zambian laws, what is the major problem as regards liquidationproceedings? MARKSTOTAL: MARKS
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