Indus Valley Telecom Ltd. (IVTL) wanted to set up an optical fibre cable plant at its subsidiary, Cosmic Equipment Company Ltd. The general manager of IVTL had hired an outside consulting agency that determined that the project was technically viable. Next, in January 2016, the general manager needed to conduct a comprehensive economic viability study of the project before presenting the proposal to IVTL management for approval. The decision of whether to proceed now depended on the outcome of the economic assessment.
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