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GOALS:
As against the ongoing case briefed above, the Atlanta Traders
and Exporters was incorporated in 1996 with the following goals:
To offer the most efficient services for clearing and forwarding
the Nepal-made products from Nepal to any country in the rest
of the world
To explore the foreign markets for products exportable from
Nepal
To carry out all import procedures for importing all types of
goods not legally banned for importing; import-related area
has been a minor area with no activities carried out thus far.
CURRENT
STATE OF AFFAIRS:
The company over its relatively short period since inception
has made a headway to achieving its goals. The focus of the
business has been almost entirely on export side. The annual
mean volume of turnover has turned out to be Rs.75 lakhs.
The
aggregate turnover for the last business year was entirely composed
of the export-related segment of the company’s business. Export
of a range of Nepal-made products destined for foreign markets,
particularly France, U.K., Germany, Denmark, Italy and U.S.A.
has maintained a surpassing trend. Exports have been made out
both by the company itself and on behalf of other parties; however
imports will be made solely on behalf of other parties. The
breakdown of the composition of the exported commodities reveals
that exports of handmade paper products and pashminas (silk
fabrics) have taken on a growing trend to catch up with traditional
handicrafts, garments, and woolen carpets.
QUICKWAY
CARGO (P) LTD: A RECENT ADDITION
Quickway
Cargo (P) Ltd. has been recently incorporated as the exclusive
forwarding entity. With this company in operation, there is
no more any need for employing the services of a separate forwarding
agent to fill out the orders received from overseas. As both
Atlanta Traders and Exporters and Quickway Cargo (P) Ltd. are
supplemental to carrying out the pre-mentioned goals, both the
companies share same resources and the same location.
RESOURCES EMPLOYED
Resources mobilized to achieve the company’s goals are categorized
into two basic groups:
Capital
Resource:
As an upstart company the authorized capital employed totaled
Rs.Three Lakhs for Atlanta Traders Exporters and Rs.Ten Lakh
for Quickway Cargo (P) Ltd. The authorized capital is subject
to extension when needed. The aggregate capital put into the
company has reached Rs. Four Lakhs. No debt is leveraged to
the financial structure.
Human
Resource:
The company has, as its organizational layout, OPERATIONS and
ACCOUNTING sections headed by the Managing Director as the immediate
superior. The Managing Director is the final superior at the
top of the hierarchy. Operations Section includes three full-time
employees and Accounting Section consists of one full-time employee.
Arrangement of part-timers is made to handle the extra volume
of business as necessitated at times.
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