A company should reliant & prefer to build the reserves internally used it for expansion or should prefer external financing Through Banks,Financiers, do you agree?

Sir It mainly depends on the type of industry and risk taking ability of the owner or the board of directors.

Internal resources are the safest bet but a proactive firm may take atvantage of bank LOANS NOT AVAILABLE TO ITS COMPETITORS because of its GOOD REPUTATION TO GO FOR HIGHER GROWTH.

Also when a co enters new market the local Govt may not allow full ownership or the co may not be in a position to bare the whole risk. It may go for shared capital of a local partner. An example would be ETIHAD entering the Indian aviation sector with with Indian Partner Jet Airways.

I agree ith answer given by Mr. Subhranshu Ganguly.