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Question 7 Not yet answered Marked out of 10.00 Hag question Amer is a successful businessman in the paper industry. During his recent visit to

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Question 7 Not yet answered Marked out of 10.00 Hag question Amer is a successful businessman in the paper industry. During his recent visit to his friend's place Muscat, he was fascinated by the exclusive variety of incense sticks available there. His friend tells him that Muscat region is known as a pioneer in the activity of incense sticks manufacturing because it has a natural reserve of forest products especially sandalwood to provide for the base material used in production. Moreover, the suppliers of other types of raw material needed for production follow a liberal credit policy and the time required to manufacture incense sticks is relatively less. Considering the various factors, Amer decides to venture into this line of business by setting up a manufacturing unit in Muscat In the context of the above case 1. Identify the issue in the above case (4 Marks) .. Identify the three factors mentioned in the paragraph, which are likely to affect the working capital requirements of his business (a marks for each factors)

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