Free Essay

Budeget Summary Which Would Give

In: Social Issues

Submitted By csatish01
Words 1434
Pages 6
Highlights of Budget-Special Issue of Newsflash

(1) Banking Sector ▪ Requirement to infuse [pic]2,40,000 crore as equity by 2018 in our banks to be in line with Basel-III norms. ▪ Capital of banks to be raised by increasing the shareholding of the people in a phased manner ▪ Six new Debt Recovery Tribunals to be set up. ▪ For venture capital in the MSME sector, a [pic]10,000 crore fund to act as a catalyst to attract private Capital by way of providing equity , quasi equity, soft loans and other risk capital for start-up companies with suitable tax incentives to participating private funds to be established. ▪ RBI to create a framework for licensing small banks and other differentiated banks. ▪ Banks to be encouraged to extend long term loans to infrastructure sector with flexible structuring. Simplification of norms to facilitate education loans for higher studies.

(2) OTHER ECONOMIC AND FINANCIAL INITIATIVES ▪ The composite cap of foreign investment to be raised to 49 per cent with full Indian management and control through the FIPB route. ▪ Introduction of uniform KYC norms and inter-usability of the KYC records across the entire financial sector. ▪ Requirement of the built up area and capital conditions for FDI to be reduced from 50,000 square metres to 20,000 square metres and from USD 10 million to USD 5 million respectively for development of smart cities. ▪ The composite cap in the insurance sector to be increased up to 49 per cent from 26 per cent with full Indian management and control through the FIPB route. ▪ [pic]100 crore provided for setting up virtual classrooms as Communication Linked Interface for Cultivating Knowledge (CLICK) and online courses. ▪ PSU will invest through capital investment a total sum of [pic] 2,47,941 crores in the current financial year. ▪ A sum of [pic]4000 crores for NHB from the priority sector lending shortfall with a view to increase the flow of cheaper credit for affordable housing to the urban poor/EWS/LIG segment is provided. ▪ EPFO to launch the “Uniform Account Number” Service for contributing members . ▪ 15 Model Rural Health Research Centres to be set up for research on local health issues concerning rural population. ▪ “Long Term Rural Credit Fund” to set up for the purpose of providing refinance support to Cooperative Banks and Regional Rural Banks with an initial corpus of [pic]5,000 crore. ▪ Sum of [pic] 200 crore for NABARD’s Producers Development and Upliftment Corpus (PRODUCE) for building 2,000 producers organizations over the next two years. ▪ Amount of [pic]50,000 crore allocated for Short Term Cooperative Rural Credit .

(3) Deficit and Inflation ▪ 4.1 per cent fiscal deficit a daunting task in the backdrop of two years of low GDP growth, static industrial growth, moderate increase in indirect taxes, subsidy burden and not so encouraging tax buoyancy. ▪ Improvement in current account deficit from 4.7 % in 2012-13 to year end level of 1.7% mainly achieved through restriction on non-essential import and slow-down in overall aggregate demand. Need to keep watch on CAD. ▪ Decline in fiscal deficit from 5.7% in 2011-12 to 4.5% in 2013-14 mainly achieved by reduction in expenditure rather than by way of realization of higher revenue.

(4) Administrative Initiatives ▪ Legislative and administrative changes to sort out pending tax demands of more than [pic] 4 lakh crore under dispute and litigation. ▪ Convergance with International Financial Reporting Standard (IFRS) by Adoption of the new Indian Accounting Standards (2nd AS) by Indian Companies. ▪ Employment exchanges to be transformed into career centres. A sum of [pic] 100 crore provided .

(5) Budget Estimates ▪ Non-plan Expenditure of [pic] 12,19,892 crore with additional provision for fertilizer subsidy and Capital expenditure for Armed forces. ▪ [pic]5,75,000 crore Plan expenditure – increase of 26.9 per cent over actuals of 2013-14. ▪ Total expenditure of [pic] 17,94,892 crore estimated. ▪ Gross Tax receipts of [pic] 13,64,524 crore estimated. ▪ Net to centre of [pic] 9,77,258 crore estimated. ▪ Fiscal deficit of 4.1% of GDP and Revenue deficit of 2.9% estimated. ▪ Allocation of [pic] 50,548 crore under SCSP and [pic] 32,387 under TSP. ▪ Allocation for women at [pic] 98,030 crore and for children at [pic] 81,075 crore. ▪ New Statement to separately show plan allocation made for North Eastern Region. Allocation of [pic] 53,706 crore for North East Regions.

(6) Tax Proposals ▪ Personal Income-tax exemption limit raised by [pic]50,000/- that is, from [pic] 2 lakh to [pic]2.5 lakh in the case of individual taxpayers, below the age of 60 years. Exemption limit raised from [pic] 2.5 lakh to [pic]3 lakh in the case of senior citizens. ▪ Investment limit under section 80C of the Income-tax Act raised from [pic] 1 lakh to [pic] 1.5 lakh. ▪ Deduction limit on account of interest on loan in respect of self occupied house property raised from `[pic]1.5 lakh to [pic]2 lakh. ▪ To remove tax arbitrage, rate of tax on long term capital gains increased from 10 percent to 20 percent on transfer of units of Mutual Funds, other than equity oriented funds. ▪ Net Effect of the direct tax proposals to result in revenue loss of [pic].22,200 crore. ▪ Investment linked deduction extended to two new sectors, namely, slurry pipelines for the transportation of iron ore, and semi-conductor wafer fabrication manufacturing units. ▪ 10 year tax holiday extended to the undertakings which begin generation, distribution and transmission of power by 31.03.2017. ▪ 60 more Ayakar Seva Kendras to be opened during the current financial year to promote excellence in service delivery. ▪ Specific rates of excise duty increased on cigrettes in the range of 11 per cent to 72 per cent. ▪ To finance Clean Environment initiatives, Clean Energy Cess increased from [pic]0.50 per tonne to [pic]1.00 per tonne.

(7) Smart Cities – A sum of [pic] 7060 crore is provided in the current fiscal for the project of developing “one hundred Smart Cities’

(8) Irrigation- ▪ [pic]1000 crore provided for “Pradhan Mantri Krishi Sinchayee Yojna” for assured irrigation.

(9) Rural Development- ▪ Initial sum of [pic] 100 crore for “Start Up Village Entrepreneurship Programme” for encouraging rural youth to take up local entrepreneurship programs . ▪ Under Ajeevika, the provision of bank loan for women SHGs at 4% to be extended to another 100 districts. ▪ Allocation for National Housing Bank increased to [pic] 8000 crore to support Rural Housing. ▪ [pic] 500 crore for “Deen Dayal Upadhyaya Gram Jyoti Yojana” for feeder separation to augment power supply to the rural areas. ▪ New programme “Neeranchal” to give impetus to watershed development in the country with an initial outlay of [pic]2142 crores.

(10) MSME - ▪ Fund of Funds with a corpus of [pic]10,000 crore for providing equity through venture capital funds, quasi equity, soft loans and other risk capital specially to encourage new startups by youth to be set up. ▪ Corpus of [pic]200 crore to be set up to establish Technology Centre Network . (11) Agriculture – ▪ An amount of [pic]100 crores set aside for “Agri-tech Infrastructure Fund”. ▪ To meet the vagaries of climate change a “National Adaptation Fund” with an initial sum an amount of [pic] 100 crore will be set up. ▪ [pic] 200 crore provided to open Agriculture Universities in Andhra Pradesh and Rajasthan and Horticulture Universities in Telangana and Haryana. ▪ A sustainable growth of 4% in Agriculture will be achieved. ▪ To provide institutional finance to landless farmers, it is proposed to provide finance to 5 lakh joint farming groups of “Bhoomi Heen Kisan” through NABARD . ▪ A target of [pic] 8 lakh crore has been set for agriculture credit during 2014-15. ▪ Allocation of [pic]5,000 crore provided for the Warehouse Infrastructure Fund. ▪ Amount of [pic] 50,000 crore allocated for Short Term Cooperative Rural Credit . ▪ Sum of [pic] 200 crore for NABARD’s Producers Development and Upliftment Corpus (PRODUCE) for building 2,000 producers organizations over the next two years. ▪ “Long Term Rural Credit Fund” to set up for the purpose of providing refinance support to Cooperative Banks and Regional Rural Banks with an initial corpus of [pic]5,000 crore. ▪ Corpus of Rural Infrastructure Development Fund (RIDF) raised by an additional [pic] 5000 crores from the target given in the Interim Budget to [pic] 25000 crores . ▪ [pic] 100 crore is provided for Kisan TV, to disseminate real time information to the farmers on issues such as new farming techniques, water conservation, organic farming etc.

-----------------------

Baroda Academy, Ahmedabad [pic] बजट सारांश 2014-2015

Similar Documents

Premium Essay

What Are the Characteristics of a Population for Which a Mean/Median/Mode Would Be Appropriate? Inappropriate

...Editor’s Note: This Chapter is the continuation of an adaptation of a state plan for disaster preparation and response. In total, the original chapter comprises Chapters 1, 14, 16-18. Chapter Overview Many of you are reading this manual as part of your efforts to prepare as a spiritual care professional who will be ready to respond during times of disaster. Your main role will be to provide emotional and spiritual support to those affected by disaster, but it is also critical for you to understand the context in which you will be providing this support—the bigger picture, so to speak. Disaster relief operations are complex systems having more to them than just a response mechanism. They require a significant amount of pre-planning. Disaster experts have long known that waiting until a disaster strikes to test a community’s response procedures can be disastrous. How communities respond to disaster can even induce more stress on individuals and place them at risk for developing a variety of adverse reactions and psychological consequences. This section takes the first step towards introducing you to the key elements of disaster management and response at multiple levels. The focus of this chapter is on the framework of disaster planning, preparedness, and response. In the event of a disaster in your community, you may be asked and/or may want to help. It will help you to have an understanding of the structure of the overall response so that you know how your efforts will......

Words: 1593 - Pages: 7

Premium Essay

Why Is It Desirable for a Country to Have a Large Gdp? Give an Example of Something That Would Raise Gdp and Yet Be Undesirable

...Center has done a survey about how TownU College students spend their time. According to the survey, I find that students spend most of their time for academic use and socializing which use 23.3 hours (involve studying and attending class) and 12 hours per week respectively. However, their only use one hour to having sports and fitness. Undoubtedly, spending time on studying and socializing is essential for future and sociable development. Physical development is an indispensable element of yours. A balance development is better than too emphasizing on one or two parts. Based on the result of survey, I would like to give some solution to students. First, I think college should provide physical education lesson. Although you may think that should university students have discipline to do it themselves and college have provided enough facilitates to them, some of students may still not to do. Some students may not love doing sports, so they do not have any incentive to have exercises. A PE lesson is a good way to coerce doing sports. Second, I think student union can hold a sport fun fair. The fun fair can involve games, talk and exhibition etc. Games should regard to sport, such as, shooting basketball. Through the games, students realize the why doing sport is fun. For the talks, I would like to invite famous athlete and expert of health. Through the talk of athlete, student may attract by the sport star and then go to do exercise. And the talk of expert, student......

Words: 583 - Pages: 3

Free Essay

Give

...Give You give but little when you give of your possessions.  It is when you give of yourself that you truly give.  For what are your possessions but things you keep and guard for fear you may need them tomorrow?  And tomorrow, what shall tomorrow bring to the over prudent dog burying bones in the trackless sand as he follows the pilgrims to the holy city?  And what is fear of need but need itself?  Is not dread of thirst when your well is full, thirst that is unquenchable?  There are those who give little of the much which they have and they give it for recognition and their hidden desire makes their gifts unwholesome. And there are those who have little and give it all.  These are the believers in life and the bounty of life, and their coffer is never empty.  There are those who give with joy, and that joy is their reward.  And there are those who give with pain, and that pain is their baptism.  And there are those who give and know not pain in giving, nor do they seek joy, nor give with mindfulness of virtue;  They give as in yonder valley the myrtle breathes its fragrance into space.  Though the hands of such as these God speaks, and from behind their eyes He smiles upon the earth.  It is well to give when asked, but it is better to give unasked, through understanding;  And to the open-handed the search for one who shall receive is joy greater than giving  And is there aught you would......

Words: 511 - Pages: 3

Premium Essay

Give

...Give by Simon Armitage Subject Give is about homelessness and the way in which society reacts to beggars. The poet has adopted the persona of a homeless person to challenge the reader directly, although initially there is some ambiguity about the speaker: in the first stanza the word "dear" suggests an intimate connection between the speaker and audience. Later it becomes clear that the speaker is creating a "scene" by asking for money. Structure and language Form and Structure The poem is regular in form, divided into five stanzas, each of two or three lines, with a strict eight-syllable count to form a strong metre. The first stanza is a rhyming couplet, which accentuates the strong rhythm. Armitage also uses repeated structures in this poem: the third stanza, for example, has three parallel lines introduced by metals of increasing value. The drama of this parallelism peaks in the final stanza, which has four short sentences over two lines: You give me tea. That's big of you.I'm on my knees. I beg of you. The way the two lines mirror each other - to the extent that the last sentence of each is very nearly identical - juxtaposes the beggar and "you", letting the reader compare the two characters. This is also a rhyming couplet because the last words are the same. What could the structure be used for? Perhaps by following a strict structure and rhythm, Armitage is helping create a sense that the beggar is educated, possibly to surprise the reader. And is it significant that......

Words: 981 - Pages: 4

Premium Essay

A Car or a Truck, Which Would You Choose?

...Final Essay Solomon Sanders COM/170 10/15/2013 David Bennett A car or a truck, which will you choose? Most people love their automobiles. One can use a car or truck for a long list of different things. A hand full are, transport, haul, entertain, race, and service use. Uses go well beyond just this hand full. Automobiles get consumers from point A to Point B. Automobiles also can be for recreational use or for business use. Automobiles are used in sports like NASCAR and Formula 1 racing. Autos can be an investment or a nightmare. Autos make their passengers lives easier by transporting them quickly and safely provided the drive abides by local law and regulations. Cars and trucks have both similarities and differences, and that which is best depends on what an owners needs are. Hands down the most popular vehicles on the road today are cars and trucks. Passenger capacity is one important area where there are similarities and differences between cars and trucks. Both cars and trucks need an operator to move about the streets. The average car holds four adults or two adults and three children comfortably. The average truck, depending on the type of truck, holds two to eight passengers. Single cab pickup trucks are on the low side, carrying two, and the high side is a large sports utility vehicles holding eight passengers. Cars and......

Words: 1437 - Pages: 6

Premium Essay

Recommendations You Would Give to Companies When Planning a Change

...What recommendations would you give to companies when planning a change? The following are my recommendations for the people in the organization planning to make a change: 1. The change that is planned to be done in the company should be clearly expressed and evaluated properly. Understanding what change is going to be implemented and owning the responsibility of implementing this change is the first and foremost step. The changes should be made simple, easy to try and easy to measure as much as possible. 2. Once the decision for making the change is done, everything should be done in your power to make the selected change succeed. It is very critical that you give a hundred percent support to this change. 3. The resistance that will come from the change should be recognized upfront. There should be a constant effort from you to build a good relationship among the employees to bring about these changes. 4. The change should now be effectively communicated with the employees. This is the most crucial step. How the change is communicated and wholeheartedly explained is the main factor that determines the resistance the change gets. Why the change is needed and how it benefits the organization should be discussed. 5. Resistance from the employees is reduced if the employees understand the benefits from the change. The benefits should be stressed along with positive impact that the change will bring on the individual growth of the employees involved in change. Hence the......

Words: 353 - Pages: 2

Free Essay

Would vs Will

...difference between the uses of would and will. Knowing when to use the terms correctly is an important part of mastering the English language. Will and would are both types of auxiliary verbs that are known as modal verbs. Other modal verbs include: could, shall, might, may, can, ought to and must. Modal verbs don’t really have any meaning on their own, but act as helpers to give further meaning to other verbs. Will is a definite statement, which means that you use it when you are certain that the future action is going to take place. For example: ‘I will go and collect the mail in the morning’. When you use will you or the subject executing the future action is committed to it being carried out. The modal verb will can be used to talk about quick decisions, promises, offers and a likely prediction. For example: ‘I think I will take the bus instead of walking.’ instant decision; ‘I’ll get the dog washed tomorrow.’ promise; ‘I will help you with your homework after dinner.’ offers and ‘I’ll bet she spent a lot of money on that dress.’ likely predictions. Will is also used as a first conditional, which is used for cause and effect in situations that are not changeable. For example: ‘If it rains, you will get wet,’ or ‘If you are late to work, you will get in trouble.’ Would Would is an English modal verb and has many different uses, which include: invitations, requests, asking permission, talking about preferences and making arrangements. For example: ‘Would you like to......

Words: 482 - Pages: 2

Premium Essay

Expalin the Conditions Under Which the Public Sector Would Be Preffereed to the Private Sector in the Production of Public Services

...Discuss the conditions under which the public sector would be preferred to the private sector in the production of public services. INTRODUCTION Why does the public sector engage in some activities and not others? Why has the scope of its activities changed over the past hundred years, and why does it have different roles in different countries? Does it do it well what it attempts to do? Could it perform its economic role more efficiently? These are the central questions with which the economics of public sector is concerned. My main focus is addressing the conditions under which the public sector would be preferred to the private sector in the production of public services. The public sector is playing an ever growing, diversified and control role in the production of public services. My essay shows that there are good theoretical conditions for which the public sector is preferred in the production of public services. To map out this discussion, it is important I distinguish the ‘public sector’ and ‘public services’ although it is difficult to provide a sound definition. The public sector comprises the economic activities controlled by the government. Hence it is not subject to a competitive market and may lack incentives to control cost, provide good quality service and respond to customers’ needs. On the other hand, public services can be the set of services provided for a large numbers of citizens in which there are potentially significant market failures (broadly......

Words: 1162 - Pages: 5

Premium Essay

Briefly Compare the Political Regime Type in China and India. Which of the Two Would You Prefer to Do Business in and Why?

...POLI3001 Assignment No. 2 Briefly compare the political regime type in China and India. Which of the two would you prefer to do business in and why? India and China are two republics that have experienced very opposing political regimes throughout history. China has been fundamentally stable country with a lack of a distinct authority figure (Desai, 2003). Being a single party state China has been controlled by the Chinese Communist Party since the 5th National Congress held in 1927 (Wang, 2013). Correspondingly India, have always been a federal parliamentary democratic republic where the President of India elected is head of state and the Prime Minister elected is the head of government (U.S. Central Intelligence Agency, 2013). This essay will reflect on the political views of both China and India, and attempt to determine why it is more advantageous to do business in India. Government regulation is the process of dissemination, monitoring and enforcement of policy established by appropriate legislation. In, China regulation is central as particular industries are not accessible to foreign investors as the Communist Party aims to restrict external influences on its own population (Desai, 2003). An estimated 90 percent of companies listed on the Chinese exchanges are either partly or fully state-owned (Desai). Retaining a level competition base is significantly reduced, as the chances of competing against a government owned company is more than likely. A good......

Words: 1484 - Pages: 6

Free Essay

Which Jod Would You Not Take

...Harsha Pallempati Mrs. Vedula English 1101 19 March, 2015 A Job Offer I would Refuse to Take Getting a job placement is at all times a life-defining event. One’s career choice often determines the course of people’s lives. As such, choosing the correct career is of paramount significance to the future life arc of an individual, as well as that of their close family and friends. Society places value on certain jobs and shuns others, which results in young people being encouraged to select a career pathway that may not be necessarily of their liking. Therefore, may end up not achieving their real potential. The one career I would not go for is medicine, specifically being a doctor despite the high status associated with such a job. The primary reason for this is that I believe the remuneration is not commensurate with the amount and nature of the workload that individuals put into becoming a doctor. There is close to half a decade of work spent to attain qualification in some of the most grueling classes in academics. Then there is another three years spent training on the job as a resident. If one wants to be a specialist surgeon, then there is yet more time spent learning. The compensation does not tally with the workload. I believe that much effort and hard work ought to be rewarded with a better payment package. Once one is a fully-fledged doctor, the job does not get any easier, but it gets much harder. One has to work up to eighteen hours a day with little rest......

Words: 517 - Pages: 3

Premium Essay

Which of the Three Blueprint Versions Do You Feel Would Be Best for the Country?

...Constitutional Code would be a document sanctioned by Parliament, but without statutory authority, and which would set out the essential existing elements and principles of the constitution and the workings of government. Due to the fact that the document doesn't have statutory authority therefore it is not statute, and so it is not written down and has not been approved by a legislator. A Constitutional Consolidation Act: this would be a consolidation of existing laws of a constitutional nature in statute, the common law and parliamentary practice, together with a codification of essential constitutional conventions. As the constitution would be statute this means that it is an act of Parliament and if it were to contradict with a convention or common law, the Consolidation act would dominate. This blueprint would also involve constitutional rules which are based on common law. For example, the formal powers of the crown, royal prerogative, would be statute rather than common law. The third and final blueprint is a Written Constitution. This would be a document of basic law by which the United Kingdom would be governed, setting out the relationship between the state and its citizens, an amendment procedure and elements of reform. By having a written constitution, everyone would know what are the governing rules and institutions are, therefore decreasing confusion or discrepancies. Many documents including, acts of Parliament and European treaty obligations would be......

Words: 485 - Pages: 2

Premium Essay

“Describe Three Ways in Which Teamwork Can Be of Benefit to Organizations (Give Examples) and Give Two Benefits That Individuals Might Gain from Working in Teams”

... “Describe three ways in which teamwork can be of benefit to organizations (give examples) and give two benefits that individuals might gain from working in teams” Cohen and Bailey (1997:241) defined team work as: - “ A team is a collection of individuals who are independent in their tasks, who share responsibility for outcomes, who see themselves and who are seen by others as an intact social entity embedded in one or more larger systems” (cited in King and Lawley 2013). Teamwork is a vital part of running an organization, which is why most of the companies encourage employees to attend team building trainings. The collaborative work is considered to be beneficial for both organizations and individuals, who participate. Firstly, companies benefit from a larger generation of innovative ideas by encouraging collaboration working between employees. Stella Cotrell (2013) identifies that by encouraging people to work together, the group will benefit from different points of view that build up from dissimilar experiences and backgrounds. Steve Jobs and Steve Wozniak are one of the most wellknown examples of successful teamwork, where “the childlike inventor and the mercurial, product-crazy shark”(Strauss 2012) got together and built a revolutionary tech company, which is considered to be leading company amongst direct customer related businesses. Moreover, it is believed that encouragement of teamwork reduces labor turnover and at the end improved retention.......

Words: 1115 - Pages: 5

Premium Essay

Summary

...Manufacturing Bottlenecks Summary Team Operation Overload Sherry Davis Gualandi, Telechia Miller, Tejas Shah, Kara McRae OPS571-Organziational Management James Ziegler July 25, 2011 Riordan Manufacturing Bottlenecks Summary Through the learning team discussion, potential bottlenecks are identified and organized by department. This will provide insight for operations to focus efforts where the largest constraints can be minimized for the greatest return. Bottlenecks or constraints Bottleneck issues with excessive lead time from Chinese motor distributor 1. Build safety stock of fan motors 2. Possible cost breaks for larger orders Riordan initiative to lessen polymer safety stock 1. Determine manufacturing requirements 2. Less stock on-hand since provider is local Potential closing of Michigan location, or re-purposing plant for other plastics manufacturing 1. Michigan manufactures custom plastic parts for fans 2. China also manufactures custom plastic parts for fans on a global basis 3. Quality issues in the Michigan plant on medical supplies IT Department 1. New technology being used, learning curve 2. Potential for human error as a bottleneck Legal Department 1. Logistics of getting materials to Hangzhou location 2. Infrastructure from Hangzhou Bay to Shanghai Operations Department 1. Manual order forms, inventory process 2. Human error, employee reliability Personnel Adding line managers will give a steady presence at......

Words: 723 - Pages: 3

Premium Essay

Describe Which Brand Elements Would Be Most Useful for Differentiating Your Product/Service’s Brand from the Competition.

...making products as required by the client has won Toyota Company great brand name through the word of mouth which turns out to be a company’s great asset (Muffe & Criofers, 2004). The Toyota Company specializes in building the Stalwart and other reliable vehicles but the car that won it great fame was the Toyota Corolla. Most clients who have opted to buy new vehicles mentioned that they previously owned a Toyota Corolla once (Palm, 2001). They mention reasons such as few cases in which one had to change oil, a tidy and rodent free interior, comfortable, easy pay and efficient in fuel consumption (Palm, 2001). Toyota Corolla effectively competes with other brands from other companies. Some of these brands include FOCUS from the Ford Company and the JETTA brand. A good example of a case in which the Toyota company competes well above the FOCUS and the JETTA is the fuel consumption rate in which the Toyota Corolla consumes fuel at a rate of 68.9%.In contrast, the FOCUS consumes fuel at a rate of 74.2% while the JETTA at 70.5%.The consumption rate previously mentioned is measured in miles per gallon (MPG) (Palm, 2001). The three vehicle brands are equipped with 16’’Alloys in the wheels, but consumers prefer using Toyota Corolla since it is equipped with extra features as compared to the FOCUS and the JETTA. A Toyota Corolla has seven airbags as compared to the other two band which have six airbags (Toyota Company, 2002). It has a parking aid camera that helps the user see the......

Words: 674 - Pages: 3

Premium Essay

Summary

...Summary…………………………………………………3 Company Background………………………………………………3 Vision………………………………………………………………..4 Value Statements……………………………………………………5 Mission Statement…………………………………………………..7 Generic Strategy…………………………………………………….7 Grand Strategies…………………………………………………….7 Long Term Objectives………………………………………………8 Shot Term Objectives……………………………………………...10 Contingency Plans…………………………………………………10 Critical to Success Factors…………………………………………11 Environmental Scan and Summary………………………………..12 Internal Analysis…………………………………………………...13 External Analysis…………………………………………………..14 Value Chain Analysis……………………………………………...16 SWOT Analysis……………………………………………………20 Resource Based Analysis…………………………………………..21 PEST Analysis……………………………………………………..22 Conclusion…………………………………………………………25 List of Appendixes………………………………………………...26 References…………………………………………………………27 Executive Summary This paper examines the current state of the organization, Kudler Fine Foods (KFF) by considering its background, financial status, operations, original and future vision and mission statements as stated by the owner, Kathy Kudler. It expands upon the owner’s desire to continue growth by creating and suggesting a new vision for the organization that continues to build on the organization’s original set of values and mission. The internal and external environments are examines. A new generic strategy and new grand strategies are presented and supported by long and short term objectives, and contingency plans and critical......

Words: 4920 - Pages: 20