XYZ power Ltd. set up a factory for manufacturing solar lanterns in a remote village as there was no reliable supply of electricity in rural areas. The revenueearned by the company was sufficient to cover the costs and the risks .the demand of lanterns was increasing day by day,so the company decided to increaseproduction to generate higher sales. For this they decided to employ people from the nearby village as very few job opportunities were available in that area.The company also decided to open schools and crèches for the children of its employees.i. Identity and explain the objectives of management discussed above.ii. State and two values which the company wanted to communicate to the society.

In the given scenario, XYZ Power Ltd. has built a factory in a remote village to make solar lanterns…

Answered: XYZ power Ltd. set up a factory for…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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