Q3. Bajaj Auto Ltd is a flagship of Bajaj Group, which is amongst the top 10 business houses in India. Bajaj Auto is the world's third-largest manufacturer of motorcycles and the second largest in India It is the world's largest three-wheeler manufacturer. Bajaj Auto came into existence on 29 November 1945 as M/s Bachraj Trading Corporation Private Limited It started off by selling imported two- and three-wheelers in India. In 1959, it obtained a license to manufacture two-wheelers and three-wheelers and it became a public limited company in 1960. In 1970, it rolled out its 100,000th vehicle. In 1977, it sold 100,000 vehicles in a financial year. In 1985, it started producing at Waluj near Aurangabad. It was founded by Jamnalal Bajaj in Rajasthan in the 1930s. It is based in Pune, Mumbai, with plants in Chakan (Pune), Waluj (near Aurangabad) and Pantnagar in Uttarakhand The oldest plant at Akurdi (Pune) now houses the R & D centre 'Ahead'. On 31 March 2013, its market capitalization was INR 520 billion (US$9.57 billion). making it India's 23rd largest publicly traded company by market value. With the launch of motorcycles in 1986, the company has changed its image from a scooter manufacturer to a two-wheeler manufacturer. A) Do you agree that Bajaj Auto investing and financing decisions are helpful to achieve the wealth maximization? Explain your answer with relevant examples. B) What type of working capital approach you suggest to Bajaj Auto Ltd and Why