CASE STUDY:
S.C. Computers has been mismanaged by its promoter. The
Company has over 50,000 employees with software expertise.
It has clients over the last 15 years in 50 countries. The
mismanagement has led to a severe cash crunch with no cash
to meet even salary requirements. While the internal
situation is one of financial and employee morale crisis,
externally it enjoys the confidence of its clientele. The
Government wants such a valuable institution, built over
several years, to be saved so that it can continue to
contribute to national wealth creation, but at the same
time does not wish to extend direct financial assistance,
lest it amounts to encouraging or subsidizing
mismanagement. In one page, suggest the broad elements of a
Business Continuity Plan covering all aspects (not just
financial alone) specifically applicable to this situation.
Name some negotiable instruments.
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