Term paper is a system by which we can familiarize ourselves with the practical situation. Moreover, we can bridge up the gap of the theoretical knowledge and practical situation. As an indispensable part of BBA program, I was placed in M.M. ISPAHANI Ltd. for completing my term paper. I was rotated in almost every desk of the organization and all over the factory.
Statement of the Problem:
The efficient management of working capital is very vital for a business survival. This is premised on the fact having too much working capital signifies inefficiency, whereas too little cash at hand signifies that the survival of business is shaky. Here I focus on working capital management practices in M. M. ISPAHANI Ltd. to evaluate the real condition that are existing.
Objectives of the study:
The main objective of the study is to gather practical knowledge about working capital management of M.M. ISPAHANI Ltd. My study covers the following areas: * To Study the working capital policies of the sample company. * To study the structure of working capital.
* To measure the utilization of working capital of the sample company. * To examine the impact of working capital on profitability. * To identity the problems facing the sample company.
* To suggest the recommendation of measuring working capital Management efficiency. Scope of the Study:
In my term paper the sample size was one and M.M. ISPAHANI Ltd. was selected as a sample and my topic was working capital management. For gathering more about my requirements I have scheduled my time in various departments, such as
Executive Officer| 07|
Finance & Accounts| 15|
Marketing & Sales| 05|
Import & Export| 05|
Methodology of the Study:
In order to accomplish the term paper report in the light of specific objectives of the study, both secondary and primary sources of information were used. The study is confined to one industrial unit i.e., M.M. ISPAHANI Ltd. and the topic was selected working capital management. I have discussed with the concerned officials to gather knowledge about the working capital. This term paper report prepared on the basis of those documents, records, data and information supplied by the enterprise and based on discussion with the concerned officials. In my study, I maintain the following methods: * Observation method
* Interview method
* Secondary data (Annual Reports)
* Questionnaire method etc.
Finally, the collected data were analyzed and interpreted for eliciting meaningful findings. These findings have been presented in this report. Limitations of the study:
In the context of our country, still now, term paper is not popular. Most of the personnel do not have particular idea about it. The major limitation to prepare the report is that the data has to be collected within a very short time. The base of the study was to visibility working capital management of M.M. ISPAHANI Ltd. It is not easy task to collect data about my requirement from the above areas. The study suffers from various limitations, some of these are mentioned below: * For a glorious term paper only three months is not sufficient. If I got more time for this program, it would convey a tremendous result for my practical life. * In the research areas, the authorities could not express accurate data easily for the reason of their confidentiality to me. They hesitate to given right answer or complain against their organization. * My research area is comparatively confidential, so I could not demonstrate a good report due to unavailability of data. For the presence of these limitations, I could not able to make the study and report up to the mark.
To be an executive of today, theoretical study is not enough. It should be supported by practical is necessary for the modern business world. In order to resolve the...