Reference No: BP0235(C)Pages: 29Published on: 19, February, 1996
Abstract: This case describes a situation faced by a multiproduct, multidivisional public sector company, ECIL. The company deals with a wide variety of electronic equipment, components and systems. The company is running into losses and needs to be turned around. The case presents an overall picture of the company at the ... More
Reference No: BP0235(A)Pages: 44Published on: 19, February, 1996
Abstract: Electronics Corporation of India Limited, a public sector undertaking under the Department of Atomic Energy, faces the problem of formulating productmarket strategy and evolving an overall corporate strategy. Consideration has to be given to the needs of the planned nuclear programme, cash generations, opportunities of growth, and the needs ... More
Reference No: BP0235(H)Pages: 8Published on: 19, February, 1996
Abstract: This case describes the situation faced by the Instruments Group (IG) of ECIL, a multiproduct, multidivisional company. IG deals with a variety of instruments, both nuclear and non-nuclear. Its main feature is that it deals with a very wide variety of products, and many of these are sold in very ... More
Reference No: BP0235(F)Pages: 9Published on: 19, February, 1996
Abstract: This case describes the situation faced by the Communication Systems Group (CNSG) of ECIL, a multiproduct, multidivisional company. This Group is one of ECIL's most important Groups in terms of turnover and in terms of the importance of the product. CNSG is in the business of communication equipment, including antennae, ... More
Reference No: BP0235(D)Pages: 12Published on: 19, February, 1996
Abstract: This case describes the situation faced by the Consumer Electronics Group (CEG) of ECIL, a multiproduct, multidivisional company. CEG is mainly in the business of manufacturing and marketing black and white and colour TVs. It was among the earliest manufacturers of TVs and had built a solid brand image in ... More
Reference No: BP0235(B)Pages: 22Published on: 19, February, 1996
Abstract: This case describes a situation faced by a multiproduct, multidivisional company when its environment underwent a considerable change. The Electronics Corporation of India (ECIL) was formed as a public sector undertaking to develop electronics products, mainly import substitutes. ECIL had a protected and supportive environment till 1976. In this environment, ECIL ... More
Reference No: BP0235(I)Pages: 11Published on: 19, February, 1996
Abstract: This case describes the situation faced by the Components and Special Products Group (CSPG) of ECIL, a multiproduct, multidivisional company. It deals with electronics components, active as well as passive, and sub assemblies including PCBs. The case turns around the question of what to do with a set of products ... More
Reference No: F&A0431TECPages: 8Published on: 8, February, 1996
Abstract: This note provides an overview of the concepts underlying project evaluation ?present value arithmetic, identification of project cash flows, criteria for investment decisions, the weighted average cost of capital, and the relationship between net present value (NPV) and the market value of equity. ... More
Reference No: F&A0428TECPages: 5Published on: 8, February, 1996
Abstract: This note discusses the Modigliani-Miller capital structure irrelevance propositions and highlights the underlying assumptions. The tax shield benefit and financial distress costs, including agency related costs, of debt financing are then discussed. The note concludes with some guidelines for an optimal capital structure. ... More
Reference No: F&A0429TECPages: 4 Published on: 8, February, 1996
Abstract: This note discusses the concepts of zero coupon bonds, yield to maturity, spot rates, forward rates and term structure. The implications of various theories of term structure for interest rate movements and the strategy of "riding the yield curve" are highlighted. The note concludes with a brief overview of methods ... More
Reference No: F&A0425TECPages: 4Published on: 8, February, 1996
Abstract: This note discusses the assumptions underlying the M-M dividend irrelevance proposition and the implications of the violations of these assumptions for optimal dividend policy. ... More
Reference No: F&A0423TECPages: 7Published on: 8, February, 1996
Abstract: This note discusses portfolio theory and the principles of diversification; the role of market model assumptions in simplifying the portfolio selection problem; and the Capital Asset Pricing Model (CAPM) as an equilibrium condition flowing from portfolio theory. ... More