Rehman Cotton

CHAPTER 1:

INTRODUCTION TO THE REPORT

1. BACK GROUND OF THE STUDY:

MBA requires to undergo an internship of two months in a private or a public sector organization. The purpose of this internship is to acquaint the students with the practical knowledge of administration.

This internship report is about Rahman Cotton Mills Limited, Takht–Bhai, Mardan (NWFP).

In 1950’s late Khan Abdul Rahman Khan established a spinning unit at Takht-I-Bhai (Mardan). The name of this unit was Yousaf sai Industry. In late sixties this sick unit was purchased by one of the well-known industrialist of North West Frontier Province late. Lt. Gen (Retd) Habibullah Khan Khattak. Later on the name of this mill was changed and it has been known as Rahman Cotton Mills.

In 1961 this unit was incorporated as a private limited company, but in 1977 it was converted into public limited. It has always been engaged in manufacturing and sale of cotton blended yarn.

1.2 PURPOSE OF THE STUDY:

Rahman Cotton mills is a well known organization of the textile industry in order to set knowledge of this organization for the student of Master of Business Administration specially for finance students it is important to know all the financial activities.

1.3 METHODOLOGY OF THE STUDY:

During internship the most important task was to collect more quality information about the organization. For this purpose a number of techniques were adopted to collect the require material and conduct the report.

Methodology is based on both primary and secondary data.

The primary data consist of discussions, interviews and personal observation.

The source of secondary data was manuals, relevant books, monthly economic reports and annual reports.

1.4 SCOPE OF STUDY:

This internship report has been completed in Rahman Cotton Mills, a textile mill. Being a student of finance, my focus was mainly on the finance department and accounts department. The focus of the report was to learn how they...