GLC (2009) Hyundai Motor Company Ltd: Proxy Paper. Web.
Hitt
it has large and experienced workforce internationally to accomplish the project efficiently. The R&D experts and most modern technologies will further ensure the projects success.
Acceptability
The implementation of this project would gratify and reconcile the stakeholders altering demands making it quite acceptable to everyone.
Implementation and Control
The board of directors of Hyundai would have close observance over the successful accomplishment of the project by 2013. The ultimate control and management powers of the project would rest with the board of directors. They will oversee every single step before the organization of the project to ensure if proper quality criteria have maintained.
Financial Plan to establish Tire Manufacturing Plant
This purpose of this plan to gather an idea about total cost and profit to expand in the global market and it would consider the following factors
Projected Profit and Loss
This report would provide three Years Income Statement for Tire Manufacturing Plant to measure its prospect
Figure 17: Income Statement of this project from 2013 to 2015. Source: Self-generated.
Projected Balance Sheet
The financial management team also provides a pro- forma balance sheet of XYZ New Store for the year 2011 to 2013.
Figure 18: Balance Sheet of this project from 2013 to 2015. Source: Self-generated.
Pro-forma Cash Flow
Figure 19: Cash Flow Statement of this project from 2013 to 2015. Source: Self-generated.
Gantt chart
The subsequent Gantt chart shows the milestone plan for next 5 years
Table 6: Gantt chart to establish Tyre Manufacturing Plant. Source: Self Generated.