What were the Fourteen Points, presented in January 1918?
The Fourteen points were -Woodrow Wilson's plan for building peace in the post-World War I world.
'S' Ltd. is manufacturing steel at its plant in India. It is enjoying a buoyant demand for its products as economic growth is at about 7-8% and the demand for steel is growing. It is planning to set-up a new steel plant to capitalise on the increased demand. It is estimated that it will require about Rs 5000 crores to set-up and about Rs 500 crores of working capital to start the new plant. Explain the importance of having a financial plan for this company. Give an imaginary plan to support your answer.