Bhaghwati Steel Centre: Backward or Forward?
商品編號：W29383
出版日期：2023/01/30
再版日期：
商品來源：
商品主題：Entrepreneurship; Finance
商品類型：Case (Field)
涵蓋議題：expansion;family run business;net present value;NPV;internal rate of return;IRR;scenario analysis;non-cash expenses;cash flow estimation;investment decisions;time value of money;leverage;free cash flow to the firm;FCFF;weighted average cost of capital;WACC;free cash flow to equity;FCFE;return on equity;ROE
難易度：4 - Undergraduate/MBA
內容長度：8 頁
地域：India
產業：Wholesale Trade
事件年度：2020
Bhagwati Steel Centre, a family-owned trading firm located in Ghaziabad, India, was facing a short-term decline in revenue from its core business, trading iron and steel components, during the COVID-19 pandemic. The company’s four partners felt that this was the right time to diversify and expand their business to establish more sources of revenue and income; they were considering diversifying and expanding their business using a business integration strategy and had to choose between two options: backward or forward integration. However, the partners had several financial factors to consider before making the final choice. What factors would influence and determine the better option for the company’s cash flow? What effect would a potential boom or bust in the market have on the two proposed expansion strategies and on cash flow? What financial techniques were available to evaluate the two proposals and which should be the preferred technique? Finally, should the company opt for backward or forward integration?
教學手冊：Bhaghwati Steel Centre: Backward or Forward? - Teaching Note
補充材料：