NMO S4 SPRINT ONE | BUSINESS CASE SCENARIO - 04 | Airway Delivery: A New Business Opportunity
Submission BCS
Air Way Delivery
Submission Date & Time: 2022-01-10 11:50:42
Event Name: NMO S4 Sprint One - GIMS Greater Noida
Solution Submitted By: Akshit jaiswal
Assignment Taken
Financial accounting/ planningCase Understanding
In this case we understand that the main objective of this company is:- 1 To achieve Break-even point 2 Brand Establishment. 3 Innovation in Process.BCS Solution Summary
IN this case we give the solution of people hiring like we reduce the management's employee by 2 and this 2 employee we will hire from campus recruitment and the student must have have degree of B.Tech with M.B.A. 2 we reduce the staff service employee's by 2 and this 2 employee will also have same terms and condition.Solution
64880000
Financial Planning
Objectives:-
- To Achieve Break-even points.
- Marketing strategies.
- Innovation.
Total Budget= 10 Crore.
|
o. |
Particular |
Quantity |
Cost / per unit (INR) |
Remark |
TOTAL |
1 YEAR EXPENSE |
|
|
|
1 |
Short Range Drones |
4 |
1,25,000 |
150 Km range on full Charge, Max. Weight Bearing Capacity:10 KG |
500000 |
500000 |
|
|
|
2 |
Long Range Drone |
1 |
4,00,000 |
650 Km range on full Charge, Max. Weight Bearing Capacity:25 KG |
400000 |
400000 |
|
|
|
3 |
Qualified Drone Operators |
4 |
50,000 |
Per Person Per Month Salary |
200000 |
2400000 |
|
|
|
4 |
Management Team |
3 |
1,00,000 |
Average Salary Per Person Per Month |
300000 |
3600000 |
|
|
|
5 |
Software |
1 |
25,00,000 |
(end-to-end drone operations and management system) |
2500000 |
2500000 |
|
|
|
6 |
Software Development Team |
2 |
70,000 |
Average Salary Per Person Per Month |
200000 |
2400000 |
|
|
|
7 |
Support Staff |
2 |
20,000 |
Average Salary Per Person Per Month |
40000 |
480000 |
|
|
|
8 |
mis expenses |
- |
- |
|
|
360000 |
|
|
|
9 |
marketing expenses* |
|
|
|
|
10000000 |
||
|
10 |
training and development* |
|
|
|
|
8640000 |
||
|
11 |
Btech IT with M.B.A* |
4 |
80000 |
|
320000 |
3840000 |
||
|
|
TOTAL |
35120000 |
||||||
|
|
||||||||
|
|
||||||||
- *1= we reduce management’s employee by 2 and add this extra employee to B.Tech with M.B.A’s employee and add extra 2 added from support staff.
- We take 10000000 as marketing expenses.
- We outsource Hr specialist.
- We hire extra employee.
- We considered 30000 as per month.
Total Expense
Total Exp= 35120000.
Total budget= 10crore
Excess= 100000000-35120000.
We can use excess amount as upcoming capital and reserve for setting abnormal losses in future.
Conclusion
the main objective of the company is to achieve break even points market branding and innovation process so we add some extra charges like marketing charges In this we add branding charges, digital platforms charges, other advertisements charges we also give training and development to our employees.Attached File Details
View Attachment file (Financial Planning (1).docx)Comments
Article Type: Business Case Scenario, Case Study Solution Submission
Business Case Detail
Title: NMO S4 SPRINT ONE | BUSINESS CASE SCENARIO - 04 | Airway Delivery: A New Business Opportunity
Type: Case Study
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