Case
ASSOCIATED AGENCIES LIMITED (A)
INDUSTRY :AUTOMOBILE
AREA :BUSINESS GOVT/INTERNATIONAL ECONOMY
ORGANIZATION :-
LENGTH :28
LUMS No :16-006-87-1
PUBLICATION YEAR : 1987
DESCRIPTION
ABSTRACT:
This is the first of an interesting case series that reads more like a saga of bureaucratic confusion. Iqbal Ahmed, a Director of AAL, was faced with the dilemma of whether or not to make a £100,000 non-refundable deposit with Austin Rover Group as a prerequisite for their joint venture. Considering the repeated and prolonged delays in project sanctioning by the government, Ahmed knew the deposit was a calculated risk.