M7 Explain the following objectives of setting up theLusaka Securities Exchange in detailsa)create a culture of good corporate governanceand good corporate citizenshipb)Facilitate a mechanism for the raising of relativelycheaper long-term capital for the private sector.

CORPORATE GOVERNANCE: Corporate governance refers to the process, system, and mechanism of…

Answered: Explain the following objectives of…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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QUESTION 2 Molitup Limited (ML) manufactures three products: Product MM, Product LL and Product TT. The contribution per unit of the respective products is as follows: Product MM Product LL Product TT Contribution per unit £600 £500 £800 Three processes are required for the manufacture of these products: Process Alpha, Process Beta and Process Gamma. The processing time (in hours) required for the manufacture of a unit of each product is as follows: Product MM Product LL Product TT Process Alpha Process Beta Process Gamma 20 30 40 80 60 20 50 90 60 The monthly availability of Process Alpha, Process Beta and Process Gamma are limited to 40,000 hours, 80,000 hours and 50,000 hours respectively. The objective of the company is to maximise contribution.
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Explain the following objectives of setting up the Lusaka Securities Exchange in details a)create a culture of good corporate governance and good corporate citizenship b)Facilitate a mechanism for the raising of relatively cheaper long-term capital for the private sector.