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Entrepreneurship Development: Kamataka Law Society 'S Institute of Management Education and Research, Belgaum
Entrepreneurship Development: Kamataka Law Society 'S Institute of Management Education and Research, Belgaum
Entrepreneurship Development: Kamataka Law Society 'S Institute of Management Education and Research, Belgaum
Enterprises
Second Edition
Poornima M. Charantimath
Kamataka Law Society's Institute of
Management Education and Research, Belgaum
PEARSON
Chennai • Delhi
Contents
The Limited Liability Partnership Act, 2008 245 Financial Appraisal 275
The Indian Companies Act, 1956 245 Turnaround Strategy 275
The Negotiable Instruments Act, 1881 246 Winding Up of a Company 276
The Information Technology Act, 2000 247 Exit Strategy 278
Intellectual Property Rights 249 Initial Public Offering 278
The Patents Act, 1970 249 Summary 279
The Copyright Act, 1957 249 Key Terms 280
The Trade Marks Act, 1999 250
The New Designs Act, 2000 251 Case Study 281
The Consumer Protection Act, 1986 251 Discussion Questions 282
The Right to Information Act, 2005 252 Activity 282
The Competition Act, 2002 252 Project 282
The Foreign Exchange Management Act Endnotes 282
(FEMA), 1999 253
Summary 254 12 Financial Management in Enterprises 284
Key Terms 254 Introduction 285
Case Study 255 Functions of Financial Management 285
Discussion Questions 256 Accounting and Bookkeeping 286
Activity 257 Process of Accounting 287
Project 257 Types of Accounting 288
Generally Accepted Accounting Principles 288
Endnotes 258 Types of Books of Accounts 288
Financial Statements 289
Balance Sheet 290
PART 3: MANAGEMENT OF ENTERPRISES Profit and Loss Account 292
Cash Flow Statements 292
11 Preventing Sickness in Enterprises 260 Working Capital Management 294
Introduction 261 Calculation of Working Capital Cycle 295
Ratio Analysis for Working Capital
Specific Management Problems 262 Management 296
Management Deficiency 262 Sources of Working Capital 296
Finance 262
Manufacturing and Technical Problems 262 Break-even Analysis 298
Product Flanning 263 Financial Ratio Analysis 299
Selection of Equipment, Plant, and Liquidity Ratios 300
Machinery 263 Activity/Turnover Ratios 300
Human Resource Development 263 Debt/Solvency Ratios 301
Technical Know-how 263 Profi tability Ratios 301
Preparation of Project Report 263 Capital Market Ratios 302
Industrial Sickness 263 DuPont Analysis 303
Definition of Sickness 264 Summary 304
Definition of Sick Enterprises—Micro and Small Key Terms 305
Enterprises 264 Case Study 306
Sick Industrial Companies Act, 1985 265 Discussion Questions 309
National Company Law Tribunal (NCLT) 266 Activity 309
National Company Law Appellate Project 309
Tribunal (NCLAT) 266
Endnotes 310
Industrial Sickness in India 267
Sickness in Micro, Small, and Medium
Enterprises 267 13 Operations and Human Resource
Causes of Industrial Sickness 269 Management in Enterprises 312
Symptoms of Industrial Sickness 270 Introduction 313
Prediction of Sickness 271
Operations Management 313
Process of Industrial Sickness 272
Normal or Healthy 272 Operations Strategy 314
Tending Towards Sickness 273 Demand Forecasting 315
Incipient Sickness 273 Forecasting Models 315
Complete Sickness 273 Technology Management 316
Rehabilitation of Sick Units 274 Production Management 317
Technical Appraisal 274 Production Flanning and Control (PPC) 317
Commerciai Appraisal 274 Work Content and Capacity Determination 318
Management Appraisal 274 Supply Chain Management 319
CONTENTS