Lulu Mall is a renowned brand operating in Oman. Presently, it owns 20 mall in 8 cities in the country. Considering the fact that the there is a growing trend among the people to spend more of their disposable income on consumer good, two years back the company had decided to add more malls to its existing set up and increase facilities to enhance leisure, food chains etc. It had then floated an initial public offer of equity shares in order to raise the desired capital. The issue was fully subseribed and paid. Over the years, the sales and profits of the company have increased tremendously and it has been declaring higher dividend and the market price of its shares has increased manifolds. Based on the above case study You are required to answer the following question. a. Name the different kinds of financial decisions taken by the company by quoting lines from the paragraph. b. Do you think the financial management team of the company has been able to achieve its prime objective? Why or why not? Give a reason in support of your answer
Lulu Mall is a renowned brand operating in Oman. Presently, it owns 20 mall in 8 cities in the country. Considering the fact that the there is a growing trend among the people to spend more of their disposable income on consumer good, two years back the company had decided to add more malls to its existing set up and increase facilities to enhance leisure, food chains etc. It had then floated an initial public offer of equity shares in order to raise the desired capital. The issue was fully subseribed and paid. Over the years, the sales and profits of the company have increased tremendously and it has been declaring higher dividend and the market price of its shares has increased manifolds. Based on the above case study You are required to answer the following question. a. Name the different kinds of financial decisions taken by the company by quoting lines from the paragraph. b. Do you think the financial management team of the company has been able to achieve its prime objective? Why or why not? Give a reason in support of your answer
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Transcribed Image Text:Lulu Mall is a renowned brand operating in Oman.
Presently, it owns 20 mall in 8 cities in the country.
Considering the fact that the there is a growing trend
among the people to spend more of their disposable income
on consumer good, two years back the company had
decided to add more malls to its existing set up and
increase facilities to enhance leisure, food chains etc. It had
then floated an initial public offer of equity shares in order
to raise the desired capital. The issue was fully subscribed
and paid. Over the years, the sales and profits of the
company have increased tremendously and it has been
declaring higher dividend and the market price of its shares
has increased manifolds.
Based on the above case study You are required to answer
the following question.
a. Name the different kinds of financial decisions taken by
the company by quoting lines from the paragraph.
b. Do you think the financial management team of the
company has been able to achieve its prime objective?
Why or why not? Give a reason in support of your
answer
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