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.
Answer Posted / palash mondal
case study
Is This Answer Correct ? | 4 Yes | 6 No |
Post New Answer View All Answers
How to get registered through e-application?
Do you know anything about Electronic Development Fund?
When Extra Shares Applications Are Refunded, What Entry Will Be Passed?
What are dated securities?
What is credit guarantee funds for ssis and its features?
What are the loan products of State bank of India?
What do you mean by demand deposit?
Difference between clerk and PO?
what is the difference between cash memo or credit memo vs invoice any legal action can be taken against cash or credit memo.
Define the term GDP? What is the current GDP of the country?
What are Non Performing Assets? How can they be reduced?
AMONG LIFE INSURANCE, GENERAL INSURANCE & RISK MANAGEMENT, WHY DID YOU SPECIFICALLY CHOSE RISK MANAGEMENT/GENERAL INSURANCE/LIFE INSURANCE?
What are the functions of SEBI?
profit centres
What do you mean by 'foreign draft'?