Imagine yourself as an entrepreneur of ABC LTD. What kind of budgeting practice do you prefer for your company and why?

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Personal Reflection Question – Total Marks 20 (max word limit- 300)
1. Imagine yourself as an entrepreneur of ABC LTD. ABC Ltd is a new startup dealing with high-end -organic products ( FMCG). The firm has completed 5 successful years. Based on    the given scenario- answer the following questions
a)What kind of budgeting practice do you prefer for your company and why? (10 Marks, 150 Words)
b) You have the intention of investing in a new product line. Discuss your choice of any 2 Capital Budgeting Methods and provide justification for the same.(10 Marks, 150 Words)

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