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IIBM – Principles and Practices of Management Answer sheet papers

IIBM – Principles and Practices of Management Answer sheet papers

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  1. Management as a Science defines…..Tick the correct one. (1)
  2. a) Perfection through practice
  3. b) Practical Knowledge
  4. c) Creativity
  5. d) Test of Validity & Predictability
  1. Indirect Reward involves: (1)
  2. Wages
  3. Provident Fund
  4. Praise& Rewards
  5. Incentives

III. This is the part of the management process that allows the organization members to work efficiently and effectively for the attainment of organizational objectives. Which management function describes this?

  1. a) Planning
  2. b) Organizing
  3. c) Staffing
  4. d) Directing
  5. e) Controlling
  1. It is the function of manning the organization structure and keeping it manned. The main purpose is to put the right man on the right job i.e. square pegs in square holes and round pegs in round holes.
  2. Manpower Planning
  3. Recruitment
  4. Performance Appraisal
  5. Staffing
  6. Training & Development
  1. This type of Organization flows “Flat Hierarchy”. (1)
  2. Traditional
  3. Modern
  4. None of them
  5. All of them
  1. It is deciding in advance – what to do, when to do it & how to do it. It bridges the gap between where we are & where we want to be. (1)
  2. Staffing
  3. Organizing
  4. Planning
  5. Directing
  6. None of them

VII. Decentralization may lead to the problem of coordination at the level of an enterprise as the decision-making authority is not concentrated.

  1. True
  2. False

VIII. “Understanding” is the essence of communication. This only happens when there is an intention of not understanding and not being understood by those involved in a communication situation.

  1. True
  2. False
  1. Here delegation is not entrusted with the work nor he is given the responsibility and authority formally. It does not create any obligation. (1)
  2. Formal Delegation
  3. Informal Delegation
  4. None of them
  5. All of them
  1. The organization must have a supreme authority and a clear line of authority should run from that person (or group) down through the hierarchy, e.g., from the Chairman—to the Managing Director—Plant Manager— Production  Manager— Foreman-rank and file of employees.
  2. Principle of Delegation
  3. Principle of Balance
  4. Scalar Principle
  5. Principle of change

Part B:

  1. Define Administration. In which respect it is different from Management? (5)
  2. What do you understand by the term “Level of Management”? Briefly describe the different levels of Management. (5)
  3. Factors involved in Decentralization of Authority. (5)
  4. Write a short note on the Principles of Unity of Command. (5)

Caselet1

Rajiv Gupta, President of the Universal Food Products Company, was tired of being the only one in his company responsible for profits. While he had good vice-presidents in charge of advertising, sales, finance, purchasing, production, and product research, he realized that he could not hold any of them responsible for company profits, as much as he would like to. He often found it difficult even to hold them responsible for the contribution from their respective areas to company profits. The sales vice-president, for instance, had rather reasonably complained that he could not be fully responsible for sales when the advertising was ineffective, or in a situation when the products customers wanted were not readily available from the manufacturing department, or when he did not have the new products he needed to meet market competition. Likewise, the manufacturing vice president had some justification when he made the point that he could not hold down costs and still be able to produce short runs to fill orders on short notice; moreover, financial controls would not allow the company to carry a large inventory of everything. Mr. Rajiv had considered breaking his company down into six or seven segments by setting up product divisions with a manager over each with profit responsibility. However, he found that this would not be feasible or economical since many of the company\’s branded food products were produced using the same equipment and the same raw materials, and a salesperson calling on a store or supermarket could far more economically handle several related products ….than one or a few. Consequently, Mr. Rajiv concluded that the best thing for him to do was to set up six product managers reporting to a product marketing manager. Each product manager would be given responsibility for one or a few products and would oversee for each product, all aspects of product research, manufacturing, advertising, and sales, thereby the person becoming responsible for the performance and profits of the products under his/her portfolio. Mr. Rajiv realized that he could not give these product managers an actual line of authority over the various operating departments of the company since that would cause each vice president and his or her department to report to six product managers and the product marketing manager, as well as the president. He was concerned with this problem. But, he knew that some of the most successful larger companies in the world had used the product manager system. Mr. Rajiv resolved to put in the product manager system as outlined and hoped for the best. But he wondered how he could avoid the problem of confusion in  reporting relationship

Questions

  1. Do you agree with Mr. Rajiv\’s program? If it were you, would you have done it differently? Explain. (10)

2. Exactly what is your suggestion that may help to avoid any confusion in this organizational structure? (10) 

Caselet2

As Ms. Mansi began to devote all of her time to managing The Arbor, she was dismayed by finding the anomalies in what she believed to be a fairly haphazard management system. While the developer of the retail complex was an astute entrepreneur, she began to feel that he had not paid enough attention to detail in the course of day-to-day operating procedures.  She and Mr. Das had learned a lot about management from their experience with SLS. Mr. Das, for example, had found that the most effective way of running the business involved buying only from reputable suppliers, keeping all plants well fertilized and pruned while they were in inventory, and checking with customers after landscape jobs had been completed to ensure that they were satisfied.  When she bought The Arbor, Ms. Mansi talked with a friend who managed a store at the regional shopping mall in town. Her friend explained how the mall development company had elaborate rules and procedures for its tenants. These rules and procedures dictated store hours, appearance standards,  lease terms, promotional and advertising policies, and just about everything imaginable.  The Arbor, however, was a different story. There were no written policies for tenants. As a result,  there was considerable variation in how they were managed. Some stores opened on Sunday or in the evening, for example, while others did not; some tenants had long-term leases while others had no current lease at all. To address these and other issues, Ms. Mansi called a meeting of all the tenants and expressed her  concerns. To her surprise, she found that they already were aware of each of her issues, as well as some others that she had not yet had time to consider. They argued, however, that the current system was the best for The Arbor. As a small operation, each tenant knew all the others,  and they worked together to keep things in good order. They thought it was fine that they kept different hours — few customers came to The Arbor just to walk around and shop. Customers usually came to visit specific stores and were aware of the store\’s hours. The tenants even expressed their opinion about the lease situation as a fine condition. Some wanted the security afforded by a lease, while others preferred the flexibility of no lease.

Questions

  1. What are the different control examples illustrated in this situation? (10)
  2. What kind of control systems might be the most useful for retailers? (10)

Section C: Applied Theory (30 marks)

  1. Define Management & its functions. (15)
  2. Explain the various concepts of Management. (15)

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At Global Study Solutions, we take immense pride in our ability to offer specialized support to students pursuing various programs at IIBM Institute (IIBM Institute of Business Management). Our dedicated team comprises experienced professionals who excel in crafting precise and well-researched solutions for assignments and case studies across different disciplines and courses.

Our commitment to aiding students in achieving academic success aligns perfectly with the educational standards upheld by IIBM Institute (IIBM Institute of Business Management). We understand the importance of delivering high-quality, customized solutions that meet the unique requirements of assignments and case studies within the institute\’s curriculum.

Whether in MBA, EMBA, GMS, DMS, or any other programs offered at IIBM Institute (IIBM Institute of Business Management), our team is equipped to provide expert guidance and meticulously crafted solutions. We prioritize accuracy, originality, and timely delivery; ensuring students receive the necessary assistance to excel academically.

We are dedicated to fostering an environment of academic excellence and providing dependable support to the esteemed students of IIBM Institute.

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Need expert guidance for your IIBM Institute assessments? Our service offers comprehensive solutions for students seeking assistance.

Our academic writing services ensure precise and high-quality answers for IIBM Institute assignments, aiding students in their educational journey.

Academic writing professionals play a crucial role in assisting students with their university assignments, striving to achieve several key goals:

Quality Assurance: Their primary aim is to deliver high-quality content that meets academic standards and fulfills the requirements of the university assignments. This involves thorough research, proper structuring, and adherence to guidelines provided by the educational institution.

Originality and Plagiarism-Free Content: Professionals in this field emphasize originality by creating authentic content free from plagiarism. To maintain academic integrity, they ensure that all information is appropriately cited and referenced.

Meeting Deadlines: Timely submission is a significant goal for academic writing professionals. They work within specified deadlines to provide students with completed assignments, enabling them to submit their work punctually.

Clear and Coherent Communication: Professionals strive to convey complex ideas in a clear, coherent, and academically appropriate manner. They focus on effective communication to ensure the content is easily understandable to the target audience.

Supporting Learning and Comprehension: Beyond completing assignments, academic writing professionals aim to support students\’ learning by providing explanations, analysis, and additional resources that help students grasp the subject matter more comprehensively.

Customization and Client Satisfaction: They tailor their services to individual student needs, providing personalized assistance and ensuring client satisfaction by addressing specific requirements and preferences.

Continuous Improvement: Academic writing professionals continuously update their knowledge base, research techniques, and writing skills to adapt to evolving academic standards and deliver the best possible support to students.

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IIBM – Principles and Practice of Management Answer sheet

IIBM – Principles and Practice of Management Answer sheet

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Q1. A plan is a trap laid to capture the ________.

  1. a) Future
  2. b) Past
  3. c) Policy
  4. d) Procedure

Q2. It is the function of employing suitable person for the enterprise

  1. a) Organizing
  2. b) Staffing
  3. c) Directing
  4. d) Controlling

Q3. ___________ means “ group of activities & employees into departments”

  1. a) Orientation
  2. b) Standardization
  3. c) Process
  4. d) Departmentation

Q4. This theory states that authority is the power that is accepted by others

  1. a) Acceptance theory
  2. b) Competence theory
  3. c) Formal authority theory
  4. d) Informal authority theory

Q5. It means dispersal of decision-making power to the lower levels of the organization

  1. a) Decentralization
  2. b) Centralization
  3. c) Dispersion
  4. d) Delegation

Q6. This chart is the basic document of the organizational structure

  1. a) Functional chart
  2. b) Posts chart
  3. c) Master chart
  4. d) Departmental chart

Q7. Communication which flows from superiors to subordinates with the help of a scalar chain is known as

  1. a) Informal communication
  2. b) Downward communication
  3. c) Upward communication
  4. d) Oral communication

Q8. Needs for belongingness, friendship, love, affection, attention & social acceptance are

  1. a) Physiological needs
  2. b) Safety needs
  3. c) Ego needs
  4. d) Social needs

Q9. A management function that ensures “jobs to be filled with the right people, with the right knowledge, skill & attitude”

  1. a) Staffing defined
  2. b) Job analysis
  3. c) Manpower planning
  4. d) Recruitment

Q10. It is a process that enables a person to sort out issues and reach to decisions affecting their life

  1. a) Selection
  2. b) Raining
  3. c) Reward
  4. d) Counseling

Part Two:

Q1. Differentiate between ‘Administration’ and ‘Management’.

Q2. What were the common drawbacks in classical and neo-classical theories of management?

Q3. Write a short note on “Line Organization.”

Q4. Write a short note on ‘Acceptance theory’.

Case let 1

 

Q1. Critically analyze Mr. Vincent’s reasoning.

Q2. If you were the professor and you knew what was going through Vincent’s mind, what would you say to Vincent?

Case let 2

 

Q1. Diagnose the problem and enumerate the reasons for the failure of D’Cuhna.

Q2. What could D’Cuhna have done to avoid the situation in which he found himself?

Section C: Applied Theory (30 marks)

Q1. What is Training? Explain the different methods of training.

Q2. Explain the Decision-Making process of an organization.

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IIBM Meerut

IIBM Patna

IIBM Guwahati

IIBM Pune

IIBM Bangalore

At Global Study Solutions, we take immense pride in our ability to offer specialized support to students pursuing various programs at IIBM Institute (IIBM Institute of Business Management). Our dedicated team comprises experienced professionals who excel in crafting precise and well-researched solutions for assignments and case studies across different disciplines and courses.

Our commitment to aiding students in achieving academic success aligns perfectly with the educational standards upheld by IIBM Institute (IIBM Institute of Business Management). We understand the importance of delivering high-quality, customized solutions that meet the unique requirements of assignments and case studies within the institute\’s curriculum.

Whether in MBA, EMBA, GMS, DMS, or any other programs offered at IIBM Institute (IIBM Institute of Business Management), our team is equipped to provide expert guidance and meticulously crafted solutions. We prioritize accuracy, originality, and timely delivery; ensuring students receive the necessary assistance to excel academically.

We are dedicated to fostering an environment of academic excellence and providing dependable support to the esteemed students of IIBM Institute.

IIBM Answer Sheets

Customized Answer Solutions

MBA Assignment Solutions

EMBA Case Study Solutions

GMS Answer Sheets

DMS Assignment Help

Professional Writing Assistance

Tailored Academic Solutions

Comprehensive Answer Sheets

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IIBM Master Program in Lean Six Sigma Management answer sheets

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IIBM Master Program in Accounting and Finance Management answer sheets

IIBM Master Program in Digital Marketing and Sales answer sheets

Get expert assistance with your IIBM Institute (IIBM Institute of Business Management). Assignments and answer sheets from our professional academic writing services.

Our team specializes in supporting students with IIBM Institute coursework, ensuring top-notch answer sheets and comprehensive solutions.

Ace, with our tailored assistance, your IIBM Institute exams, offering precise guidance and accurate answer sheet preparation.

Seeking reliable help for your IIBM Institute studies? Trust our academic writing services for meticulously crafted answer sheets and exceptional support.

Score high in your IIBM Institute (IIBM Institute of Business Management).  Assessments by availing our expert aid in preparing comprehensive and well-structured answer sheets.

Project Report Writing Services

Customized Project Reports

IIBM Institute Project Support

Professional Project Report Assistance

Tailored Solutions for Project Reports

Quality Project Documentation

Expert Project Report Writers

Comprehensive Project Analysis

Structured Project Report Services

Detailed Project Documentation

IIBM Project Evaluation Support

Custom Project Report Formats

Project Research and Analysis

MBA/EMBA/GMS/DMS Project Reports

IIBM Institute (IIBM Institute of Business Management).  Assignments, solved papers, and study materials are available through our academic writing services.

Seeking assistance with IIBM Institute coursework? Our professional team delivers accurate and timely solutions for all your academic needs.

Our specialized academic writing support simplifies access to IIBM Institute question papers and model answers.

Need expert guidance for your IIBM Institute assessments? Our service offers comprehensive solutions for students seeking assistance.

Our academic writing services ensure precise and high-quality answers for IIBM Institute assignments, aiding students in their educational journey.

Academic writing professionals play a crucial role in assisting students with their university assignments, striving to achieve several key goals:

Quality Assurance: Their primary aim is to deliver high-quality content that meets academic standards and fulfills the requirements of the university assignments. This involves thorough research, proper structuring, and adherence to guidelines provided by the educational institution.

Originality and Plagiarism-Free Content: Professionals in this field emphasize originality by creating authentic content free from plagiarism. To maintain academic integrity, they ensure that all information is appropriately cited and referenced.

Meeting Deadlines: Timely submission is a significant goal for academic writing professionals. They work within specified deadlines to provide students with completed assignments, enabling them to submit their work punctually.

Clear and Coherent Communication: Professionals strive to convey complex ideas in a clear, coherent, and academically appropriate manner. They focus on effective communication to ensure the content is easily understandable to the target audience.

Supporting Learning and Comprehension: Beyond completing assignments, academic writing professionals aim to support students\’ learning by providing explanations, analysis, and additional resources that help students grasp the subject matter more comprehensively.

Customization and Client Satisfaction: They tailor their services to individual student needs, providing personalized assistance and ensuring client satisfaction by addressing specific requirements and preferences.

Continuous Improvement: Academic writing professionals continuously update their knowledge base, research techniques, and writing skills to adapt to evolving academic standards and deliver the best possible support to students.

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IIBM – Principles & Practices of Banking Answer sheet

IIBM – Principles & Practices of Banking Answer sheet

\"\"

 Multiple Choices:

  1. The frequency of First Tranche Returns is:
  2. Weekly
  3. Monthly
  4. Monthly/quarterly
  5. Monthly/quarterly/half-yearly
  1. An order for winding up a banking company can be issued by___________
  2. The High Court
  3. The RBI
  4. The Central Government
  5. The Supreme court
  1. Who shall be a natural guardian in case of a married minor girl?
  2. Father
  3. Brother in law
  4. Father-in-law
  5. Husband
  1. X a partner in the firm XYZ Co. wants to open a Bank account in the firm‟s name. It will require signatures of:
  2. All partners
  3. Any one of the partner
  4. Managing partner only
  5. A sleeping partner not required
  1. Public limited companies should have minimum shareholders, before Opening a Bank account.
  2. 11
  3. 7
  4. 5
  5. 15
  1. If the beneficiary is the government then the Expiry of the guarantee is governed by the „law of limitation‟ ranging from 3 years to
  2. 15 years
  3. 30 years
  4. 20 years
  5. 10 years
  1. The charge created on the LIC Policy is
  2. Lien
  3. Hypothecation
  4. Pledge
  5. Assignment
  1. The device that combines the parallel input data into a single serial output data is known as
  2. Switcher
  3. Multiplexer
  4. Encoder
  5. Front end processor
  1. In-market skimming pricing strategy:
  2. Initially, price is lower and then it is increased
  3. The initial price is high and is maintained high
  4. The initial price is low and is maintained low
  5. Initially price is higher and then it is reduced
  1. The marketing personnel need information _________intervals.
  1. At yearly
  2. At quarterly
  3. At monthly
  4. Continuously and regular
\"\"

 Part Two:

  1. Discuss the role of RBI in the Indian Banking sector.
  2. Write short notes on:
  1. Write short notes on:
  2. Repo Rate
  3. Reverse Repo Rate.
  4. Bank Lien
  5. Right of set-off
  1. What does cash credit mean?

Section B: Case lets (40 marks)

Case let 1

Questions:

  1. How does the winner in such an auction become the loser due to the „winner curse‟?
  2. Explain the role of primary dealers in the money market.

Case let 2

Questions:

  1. Discuss the mechanism of forfeiting and the role played by banks in forfeiting transactions.
  2. How does forfeiting differ from factoring?

Section C: Applied Theory (30 marks)

  1. What are the various approaches to capital adequacy? Explain Basel II norms and minimum capital requirements in Basel II norms.
  1. What do you mean by non-performing assets (NPA)? How have NPAs affected the financial health of Indian commercial banks?

IIBM Institute

IIBM Answer sheets, academic support

 IIBM assignment help, student assistance

IIBM Institute solutions

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IIBM MBA case study answers

IIBM case study answers

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IIBM emba case study papers

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IIBM gms case study papers

IIBM advance diploma answer sheets

IIBM advance diploma case study answer sheets

IIBM DMS case study answers

IIBM DMS case study papers

IIBM Meerut

IIBM Patna

IIBM Guwahati

IIBM Pune

IIBM Bangalore

At Global Study Solutions, we take immense pride in our ability to offer specialized support to students pursuing various programs at IIBM Institute (IIBM Institute of Business Management). Our dedicated team comprises experienced professionals who excel in crafting precise and well-researched solutions for assignments and case studies across different disciplines and courses.

Our commitment to aiding students in achieving academic success aligns perfectly with the educational standards upheld by IIBM Institute (IIBM Institute of Business Management). We understand the importance of delivering high-quality, customized solutions that meet the unique requirements of assignments and case studies within the institute\’s curriculum.

Whether in MBA, EMBA, GMS, DMS, or any other programs offered at IIBM Institute (IIBM Institute of Business Management), our team is equipped to provide expert guidance and meticulously crafted solutions. We prioritize accuracy, originality, and timely delivery; ensuring students receive the necessary assistance to excel academically.

We are dedicated to fostering an environment of academic excellence and providing dependable support to the esteemed students of IIBM Institute.

IIBM Answer Sheets

Customized Answer Solutions

MBA Assignment Solutions

EMBA Case Study Solutions

GMS Answer Sheets

DMS Assignment Help

Professional Writing Assistance

Tailored Academic Solutions

Comprehensive Answer Sheets

Specialized IIBM Support

Academic Writing Services

Reliable IIBM Assistance

IIBM MBA case lets answer sheets

IIBM MBA answer sheets

IIBM MBA answer papers

IIBM EMBA answer sheets

IIBM EMBA case lets answer sheets

IIBM EMBA case studies

IIBM EMBA answer papers

IIBM Master Program in Lean Six Sigma Management answer sheets

IIBM Master Program in Total Quality Management answer sheets

IIBM Master Program in Accounting and Finance Management answer sheets

IIBM Master Program in Digital Marketing and Sales answer sheets

Get expert assistance with your IIBM Institute (IIBM Institute of Business Management). Assignments and answer sheets from our professional academic writing services.

Our team specializes in supporting students with IIBM Institute coursework, ensuring top-notch answer sheets and comprehensive solutions.

Ace, with our tailored assistance, your IIBM Institute exams, offering precise guidance and accurate answer sheet preparation.

Seeking reliable help for your IIBM Institute studies? Trust our academic writing services for meticulously crafted answer sheets and exceptional support.

Score high in your IIBM Institute (IIBM Institute of Business Management).  Assessments by availing our expert aid in preparing comprehensive and well-structured answer sheets.

Project Report Writing Services

Customized Project Reports

IIBM Institute Project Support

Professional Project Report Assistance

Tailored Solutions for Project Reports

Quality Project Documentation

Expert Project Report Writers

Comprehensive Project Analysis

Structured Project Report Services

Detailed Project Documentation

IIBM Project Evaluation Support

Custom Project Report Formats

Project Research and Analysis

MBA/EMBA/GMS/DMS Project Reports

IIBM Institute (IIBM Institute of Business Management).  Assignments, solved papers, and study materials are available through our academic writing services.

Seeking assistance with IIBM Institute coursework? Our professional team delivers accurate and timely solutions for all your academic needs.

Our specialized academic writing support simplifies access to IIBM Institute question papers and model answers.

Need expert guidance for your IIBM Institute assessments? Our service offers comprehensive solutions for students seeking assistance.

Our academic writing services ensure precise and high-quality answers for IIBM Institute assignments, aiding students in their educational journey.

Academic writing professionals play a crucial role in assisting students with their university assignments, striving to achieve several key goals:

Quality Assurance: Their primary aim is to deliver high-quality content that meets academic standards and fulfills the requirements of the university assignments. This involves thorough research, proper structuring, and adherence to guidelines provided by the educational institution.

Originality and Plagiarism-Free Content: Professionals in this field emphasize originality by creating authentic content free from plagiarism. To maintain academic integrity, they ensure that all information is appropriately cited and referenced.

Meeting Deadlines: Timely submission is a significant goal for academic writing professionals. They work within specified deadlines to provide students with completed assignments, enabling them to submit their work punctually.

Clear and Coherent Communication: Professionals strive to convey complex ideas in a clear, coherent, and academically appropriate manner. They focus on effective communication to ensure the content is easily understandable to the target audience.

Supporting Learning and Comprehension: Beyond completing assignments, academic writing professionals aim to support students\’ learning by providing explanations, analysis, and additional resources that help students grasp the subject matter more comprehensively.

Customization and Client Satisfaction: They tailor their services to individual student needs, providing personalized assistance and ensuring client satisfaction by addressing specific requirements and preferences.

Continuous Improvement: Academic writing professionals continuously update their knowledge base, research techniques, and writing skills to adapt to evolving academic standards and deliver the best possible support to students.

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IIBM – Power Sector Reforms Answer sheet

IIBM – Power Sector Reforms Answer sheet

\"\"

Q1. It is the largest electricity company and operates in 13 Countries in total

  1. The Spanish Multinationals
  2. Endesa
  3. Iberdrola
  4. Union Fenosa

Q2. This indicates to what extent a particular reform is accelerating (or possibility retarding) access to electricity

  1. Electrification levels
  2. Electrification rate
  3. Electricity consumption
  4. None

Q3. The ___________ tariff order has fixed charges for wheeling power from a 220 KV feeder of a substation to say 132 KV or 33 KV destination

  1. Agriculture tariff
  2. ERR
  3. APERC
  4. OECD

Q4. This represents the contribution of a consumer category towards the peak demand on the system

  1. Demand
  2. Energy consumption
  3. Consumer
  4. None

Q5. In Argentina, ___________ agreements covering the whole of the electricity sector were ended & replaced by separate negotiations with each company

  1. Outsourcing
  2. Privatization
  3. Liberalization
  4. Collective Bargaining

Q6. The per capita consumption of electricity increasing at a compounded Annual Growth Rate is ________

a.04 percent

b.04 percent

c.04 percent

d.04 percent

Q7. VVNL stands for _____________________.

Q8. CAGR stands for _____________________.

Q9. CMNAP stands for ___________________.

Q10. ERC stands for ______________________.

\"\"

Part Two:

Q1. What is the impact of Power Sector Reforms on the poor in Orissa?

Q2. State the objectives of the National Electricity Policy.

Q3. What are the objectives of the Phase III of Reform?

Q4. What is Rural Electrification?

Q5. Based on the above case comment on the Recent Scenario of Power Sector Reform.

Q6. Give the highlights of the concerned report.

Q7. What organizational structure would you recommend for the marketing and sales operations of M/s? Watts and Volts Ltd?

Q8. Who in your opinion is responsible for sales? Justify your opinion, in the light of this case.

Q9. Several issues would be sorted out in creating a separate organization for supplying power to agriculture. What are those issues? Explain

Q10. Describe the process of IRP and give the schematic representation of the IRP process.

 

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IIBM – Power Sector Reforms Answer sheet Read More »

The sale of goods on the Internet – The sale of consumer goods on the Internet (particularly those between European member states) raises a number of legal issues.

Case 5: The sale of goods on the Internet
The sale of goods on the Internet

The sale of consumer goods on the Internet (particularly those between European member states) raises a number of legal issues. First, there is the issue of trust, with out which the consumer will not buy; they will need assurance that the seller is genuine, and that they will get the goods that they believe they have ordered. Second, there is the issue of consumer rights with respect to the goods in question: what rights exist and do they vary across Europe? Last, the issue of enforcement: what happens should anything go wrong?

Information and trust

Europe recognises the problems of doing business across the Internet or telephoneand it has attempted to address the main stumbling blocks via Directives. The Consumer Protection (Distance Selling) Regulations 2000 attempts to address the issues of trust in cross-border consumer sales, which may take place over the Internet (or telephone). In short, the consumer needs to know quite a bit of infor- mation, which they may otherwise have easy access to if they were buying face to face. Regulation 7 requires inter alia for the seller to identify themselves and an address must be provided if the goods are to be paid for in advance. Moreover, a full description of the goods and the final price (inclusive of any taxes) must also be provided. The seller must also inform the buyer of the right of cancellation available under Regulations 10-12, where the buyer has a right to cancel the contract for seven days starting on the day after the consumer receives the goods or services. Failure to inform the consumer of this right automatically extends the period to three months. The cost of returning goods is to be borne by the buyer, and the seller is entitled to deduct the costs directly flowing from recovery as a restocking fee. All of this places a considerable obligation on the seller; however, such data should stem many misunderstandings and so greatly assist consumer faith and confidence in non-face-to-face sales.

Another concern for the consumer is fraud. The consumer who has paid by credit card will be protected by section 83 of the Consumer Credit Act 1974, under which a consumer/purchaser is not liable for the debt incurred, if it has been run up by a third party not acting as the agent of the buyer. The Distance Selling Regulations extend this to debit cards, and remove the ability of the card issuer to charge the consumer for the first £50 of loss (Regulation 21). Moreover, section 75 of the Consumer Credit Act 1974 also gives the consumer/buyer a like claim against the credit card company for any misrepresentation or breach of contract by the seller. This is extremely important in a distance selling transaction, where the seller may disappear.

What quality and what rights?

The next issue relates to the quality that may be expected from goods bought over the Internet. Clearly, if goods have been bought from abroad, the levels of quality required in other jurisdictions may vary. It is for this reason that Europe has attempted to standardise the issue of quality and consumer rights, with the Consumer Guarantees Directive (1999/44/EC), thus continuing the push to encour-age cross-border consumer purchases. The implementing Sale and Supply of Goods to Consumer Regulations 2002 came into force in 2003, which not only lays down minimum quality standards, but also provides a series of consumer remedies which will be common across Europe. The Regulations further amend the Sale of Goods Act 1979. The DTI, whose job it was to incorporate the Directive into domestic law (by way of delegated legislation) ensured that the pre-existing consumer rights were maintained, so as not to reduce the overall level of protection available to con- sumers. The Directive requires goods to be of ‘normal’ quality, or fit for any purpose made known by the seller. This has been taken to be the same as our pre- existing ‘reasonable quality’ and ‘fitness for purpose’ obligations owed under sections 14(2) and 14(3) of the Sale of Goods Act 1979. Moreover, the pre-existing remedy of the short-term right to reject is also retained. This right provides the buyer a short period of time to discover whether the goods are in conformity with the contract. In practice, it is usually a matter of weeks at most. After that time has elapsed, the consumer now has four new remedies that did not exist before, which are provided in two pairs. These are repair or replacement, or price reduction or rescission. The pre-existing law only gave the consumer a right to damages, which would rarely be exercised in practice. (However, the Small Claims Court would ensure a speedy and cheap means of redress for almost all claims brought.) Now there is a right to a repair or a replacement, so that the consumer is not left with an impractical action for damages over defective goods. The seller must also bear the cost of return of the goods for repair. So such costs must now be factored into any business sales plan. If neither of these remedies is suitable or auctioned within a ‘reasonable period of time’ then the consumer may rely on the second pair of  remedies. Price reduction permits the consumer to claim back a segment of the pur- chase price if the goods are still useable. It is effectively a discount for defective goods. Rescission permits the consumer to reject the goods, but does not get a full refund, as they would under the short-term right to reject. Here money is knocked off for ‘beneficial use’. This is akin to the pre-existing treatment for breaches of durability, where goods have not lasted as longas goods of that type ought reasonably be expected to last. The level of compensation would take account of the use that the consumer has (if any) been able to put the goods to and a deduction made  off the return of the purchase price. However, the issue that must be addressed is as  to the length of time that goods may be expected to last. A supplier may state the length of the guarantee period, so a £500 television set guaranteed for one year would have a life expectancy of one year. On the other hand, a consumer may expect a television set to last ten years. Clearly, if the set went wrong after six months, the consumer would only get £250 back if the retailer’s figure was used, but would receive £475 if their own figure was used. It remains to be seen how this provision will work in practice. One problem with distance sales has been that of liability for goods which arrive damaged. The pre-existing domestic law stated that risk would pass to the buyer once the goods were handed over to a third-party carrier. This had the major problem in  practice of who would actually be liable for the damage. Carriers would blame the supplier and vice versa. The consumer would be able to sue for the loss, if they were able to determine which party was responsible. In practice, consumers usually went uncompensated and such a worry has put many consumers off buying goods over the Internet. The Sale and Supply of Goods to Consumer Regulations also modify the transfer of risk, so that now the risk remains with the seller until actual delivery. This will clearly lead to a slight increase in the supply of goods to consumers, with the goods usually now being sent by insured delivery. However, this will avoid the problem of who is actually liable and should help to boost confidence.

Enforcement

Enforcement for domestic sales is relatively straightforward. Small-scale consumer claims can be dealt with expeditiously and cheaply under the Small Claims Court. Here claims under £5000 for contract-based claims are brought in a special court intended to keep costs down by keeping the lawyers’ out of the court room, as a victorious party cannot claim for their lawyers’ expenses. The judge will conduct the case in a more ‘informal’ manner, and will seek to discover the legal issues by questioning both parties, so no formal knowledge of the law is required. The total cost of such a case, even if it is lost, is the cost of issuing the proceedings (approximately 10 per cent of the value claimed) and the other side’s ‘reasonable expenses’. Expenses must be kept down, and a judge will not award value which has been deliberately run up, such first-class rail travel and stays in five star hotels. Residents of Northampton have hosted a trial of an online claims procedure, so that claims may now be made  via the Internet. (www.courtservice.gov.uk outlines the procedure for MCOL, or Money Claims Online.) Cases will normally be held in the defendant’s court, unless the complainant is a consumer and the defendant a business.

Enforcement is the weak point in the European legislation, for there is, as yet, no European-wide Small Claims Court dealing with transnational European transac-tions. The consumer is thus forced to contemplate expensive civil action abroad in a foreign language, perhaps where no such small claims system exists – a pointless measure for all but the most expensive of consumer purchases. The only redress lies in EEJ-Net, the European Extra-Judicial Network, which puts the complainant in touch with any applicable professional or trade body in the supplier’s home member state. It does require the existence of such a body, which is unlikely if the transaction is for electrical goods, which is one of the most popular types of Internet purchase. Therefore, until Europe provides a Euro Small Claims Court, the consumer cross-border buyer may have many rights, but no effective means of enforcement. Until then it would appear that section 75 of the Consumer Credit Act 1974, which gives the buyer the same remedies against their credit card company as against the seller, is the only effective means of redress.

Case study questions

  1. Consider the checklist of data which a distance seller must provide to a consumer Is this putting too heavy a burden on sellers?
  2. Is a consumer distance buyer any better off after the European legislation?
  3. Are there any remaining issues that must be tackled to increase European cross border consumer trade?

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The sale of goods on the Internet – The sale of consumer goods on the Internet (particularly those between European member states) raises a number of legal issues. Read More »

IIBM – Portfolio Management Answer sheet

IIBM – Portfolio Management Answer sheet

\"\"

Multiple Choices:

  1. _________ is the market for the issue of new securities.
  2. Secondary Market
  3. Consumer Market
  4. Primary Market
  5. Stock Market
  1. Inflation is measured in terms of either wholesale price or_______.
  2. Face Value
  3. Retail Prices
  4. MRP Value
  5. Tax Value
  1. _______ is a channel through which the savings of investors are made available to

corporations for investment.

  1. Consumer Market
  2. Stock Market
  3. Retail Market
  4. Wholesale Market
  1. The share premium reserve is the amount paid by the ______ more than the par value of the shares.
  2. Shareholders
  3. Stakeholders
  4. Taxpayers
  5. Employees
  1. _______ measures the return on sales and assets of the firm.
  2. Liquidity Ratios
  3. Turnover Ratios
  4. Common Stock Ratios
  5. Profitability Ratios
  1. In which of the following chart, the closing price for each period is plotted as a point?
  2. Line Chart
  3. Bar Chart
  4. Point and Figure Chart
  5. R- Chart
  1. Capital gains or losses arise when the investor sells his securities at a price____.
  2. Similar to the Cost
  3. Different from the Cost
  4. Different from the Profit
  5. Similar to the Loss.
  1. A steep rise in price, followed by wide uniform fluctuations around an average price leads to the formulation of a ______.
  2. Channel
  3. Triangle
  4. Flag
  5. Wedge
  1. CML stands for______.
  2. Capital Market Life
  3. Cost Market Line
  4. Capital Market Line
  5. Capital Measurement Line.
  1. The security return on any day is defined as:-
  2. Today’s Return = Today’s Price + Yesterday’s Price

Yesterday’s Price

  1. Today’s Return = Today’s Cost―yesterday’s Cost

Yesterday’s Price

  1. Today’s Return = Today’s Price + Today’s Cost

Yesterday’s Price

  1. Today’s Return = Today’s Price ― yesterday’s Price

Yesterday’s Price

\"\"

Part Two:

  1. Discuss the characteristics of the Stock Exchange in India.
  2. Describe the Dow Theory.
  3. Write a short note on Capital Market Line.
  4. Mr. X has put Rs. 9000 in a five–year fixed deposit account with a bank. If the bank pays interest at the rate of 15% per annum how much money would Mr. X receive on maturity of the deposit?
  5. Mr. Robert bought 90 shares of ICA Fertilizers Ltd. at Rs. 59 each on 1/1/2008. On 1/6/2008, the company issued bonus shares in the ratio of 1:2. On 1/1/2010 Robert sold 35 of the bonus shares for Rs. 78. What is the capital gain made by him ignoring indexation?
  1. Analyze the characteristics of companies that have a small asset base and a low ratio of Market to book Value.
  2. The market capitalization of a company is a product of several outstanding shares and the current market price. Since the current market price (CMP) of the stock does not remain constant, is investing for the long-term in a company looking at its present market value a good guiding principle? Explain.
  1. Why is the government reluctant to provide concession or remove tax on dividends declared by dedicated gilt funds?
  2. How can dedicated gilt funds be used to develop a retail segment for government securities?
  3. If dedicated gilt funds are exempted from income tax for individuals, what will be the implications of such measures on the retail gilt market?
  1. Discuss the concept of Portfolio Insurance.
  2. Discuss the fundamental notions of modern portfolio theory.
  3. Consider a Rs. 50 crores of mutual funds floated on 1-1-2003 with a life of 8 years. The fund estimates that its annual outflow on account of dividend, operating, and management costs would amount to Rs.15.5 crores. Suppose that the rate of interest is 16%. What is the target duration for this mutual fund?

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IIBM – Portfolio Management Answer sheet Read More »

IIBM – Pharmaceuticals Industrial Management Answer sheet

IIBM – Pharmaceuticals Industrial Management Answer sheet

\"\"

 Multiple Choices:

  1. Which of the following is not the principle of co-„ ordination?
  2. Principle of early beginning
  3. Principle of continuity
  4. Principle of time
  5. Principle of reciprocity
  1. Oral communication includes__________
  1. Enthusiasm, cooperation, tact, and skillful handling come under:
  1. Which of the following is the demerit of formal communication?
  1. Arrange the following into decision making process__________
  2. Lecture
  3. Poster
  4. Union publication
  5. Complaint procedure
  6. Intellectual quality
  7. Character quality
  8. Psychological quality
  9. Physical quality
  10. a) Decay inaccuracy
  11. b) Time-consuming
  12. c) It is temporary
  13. d) Fairly unsuitable
  1. Conception
  2. Investigation

iii. Perception

  1. Selection
  2. a) iv,i,iii, ii
  3. b) ii,iv iii,i
  4. c) iv,i,iii,ii
  5. d) iii,i,ii, iv
  1. FIFO stands for _______________.
  1. Record of all items of material and goods in the store is recorded in which document?
  2. a) Store ledger
  3. b) Bin card
  4. c) Both a & b
  5. d) None of these
  1. VED stands for ______________.
  1. In the EOQ formula „C‟ stands for-
  2. a) Annual consumption
  3. b) Cost of per unit of material
  4. c) Cost per order
  5. d) Storage
  6. WTO stands for ________________.
\"\"

 Part Two:

  1. What is a questionnaire? Explain rules or guidelines for designing a good questionnaire.
  2. Define drug store management. „Discuss the arrangements of drugs in drug stores.
  3. Name the various steps in the selection of a pharmacist.
  4. What are the purposes of training given to a pharmacist?

 

Case let 1

Questions:

  1. Briefly explain the concept of CRM & SFA systems.
  2. State the features of a Good SFA system.
  3. Write down some CRM/SFA systems that are available in the market for the Pharmaceutical Industry.
  4. What are the benefits of a CRM system?

Case let 2

  1. Define „Pharmaceutical marketing. Explain the objectives and importance of pharmaceutical marketing.
  2. Define „Advertising‟? What are the advantages and disadvantages of advertising in pharmaceutical marketing?

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At Global Study Solutions, we take immense pride in our ability to offer specialized support to students pursuing various programs at IIBM Institute (IIBM Institute of Business Management). Our dedicated team comprises experienced professionals who excel in crafting precise and well-researched solutions for assignments and case studies across different disciplines and courses.

Our commitment to aiding students in achieving academic success aligns perfectly with the educational standards upheld by IIBM Institute (IIBM Institute of Business Management). We understand the importance of delivering high-quality, customized solutions that meet the unique requirements of assignments and case studies within the institute\’s curriculum.

Whether in MBA, EMBA, GMS, DMS, or any other programs offered at IIBM Institute (IIBM Institute of Business Management), our team is equipped to provide expert guidance and meticulously crafted solutions. We prioritize accuracy, originality, and timely delivery; ensuring students receive the necessary assistance to excel academically.

We are dedicated to fostering an environment of academic excellence and providing dependable support to the esteemed students of IIBM Institute.

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MBA/EMBA/GMS/DMS Project Reports

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Need expert guidance for your IIBM Institute assessments? Our service offers comprehensive solutions for students seeking assistance.

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Academic writing professionals play a crucial role in assisting students with their university assignments, striving to achieve several key goals:

Quality Assurance: Their primary aim is to deliver high-quality content that meets academic standards and fulfills the requirements of the university assignments. This involves thorough research, proper structuring, and adherence to guidelines provided by the educational institution.

Originality and Plagiarism-Free Content: Professionals in this field emphasize originality by creating authentic content free from plagiarism. To maintain academic integrity, they ensure that all information is appropriately cited and referenced.

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IIBM – Pharmaceutical Marketing Answer sheet

IIBM – Pharmaceutical Marketing Answer sheet

\"\"

Multiple Choices:

  1. What is the full form of „IPR‟?
  1. Intellectual property rights
  1. Intellectual patent rights
  1. Intellectual process rights
  1. International patent rights
  1. The environment that poses tremendous opportunities for new products and services to alert marketers is an _________ environment.
  1. Ecological
  1. Social
  1. Technological
  1. Competitive
  1. Arrange these market opportunities analysis step by step:
  1. Evaluate new opportunities in new segments
  1. Build on your strengths

iii. Explore new market opportunities

  1. Analyze your existing markets
  1. i, ii,iii,iv
  1. ii,iv,i,iii
  1. iv,ii,iii,i
  1. i,iii,iv,ii
  1. Marketing virtually the same product with two or more brand names is a strategy of_______
  1. Family brand strategy
  1. Multiple brand strategy
  1. Individual brand
  1. Private brand
  1. The pricing that deals with the judgmental or subjective elements of pricing is a_______
  1. Cost-based pricing
  1. Petition based pricing
  1. Market-based pricing
  1. Demand-based pricing
  1. Which of the following is not a member of the distribution channel?
  1. The Physician
  1. Manufacturer
  1. The consumer
  1. The transporter
  1. Arrange the communication process in order:
  1. Medium
  1. Feedback

iii. Sender

  1. Receiver
  1. Message
  1. a) ii,iv,v,i,iii
  1. b) iii,v,i,iv,ii
  1. c) iv,i,iii,v,ii
  1. d) iii,ii,iv,i,v
  1. The strategy used to create a demand for a product within a channel of distribution by appealing directly to the consumer is a________
  1. Pull strategy
  1. Push strategy
  1. Combination strategy
  1. Competitive strategy
  1. Toward off a competitive threat or to create an entry barrier, some companies from different  power blocks may temporarily form a cartel it is termed as_______
  1. Franchise power
  1. Integration power
  1. Niche power
  1. Coalition power
  1. Which of the following „R‟ is not a part of good management principles?
  1. Resources
  1. Recognition
  1. Responsibility
  1. Reward 
\"\"

 Part Two:

  1. Define the term “Marketing Communication”.
  1. Differentiate between „Product Item‟ and „Product Mix‟.
  1. Differentiate between „Cost Based Pricing‟ and „Demand Based Pricing‟.
  1. Describe “Boston Matrix”.

Case let 1

  1. If you were in the position of Swami, what would have been your decision? Justify keeping  qualitative aspects in mind.
  1. Discuss the various other factors, which should be considered while making capital investment  decision.

Case let 2

  1. Explain the terms in the context of the “Pharmaceutical Marketing” :
  1. Brand
  1. Trademarks
  1. Product line
  1. Explain the important point that should be considered, while packaging Also list the various dimensions of the pharmaceutical market.

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Continuous Improvement: Academic writing professionals continuously update their knowledge base, research techniques, and writing skills to adapt to evolving academic standards and deliver the best possible support to students.

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The end of the block exemption – As we have seen in the chapter, governments frequently use laws and regulations to promote competition within the marketplace

Case 4 : As we have seen in the chapter, the end of the block exemption has significant implications.

The end of the block exemption

As we have seen in the chapter, governments frequently use laws and regulations to promote competition within the marketplace in the belief that this has significant benefits for the consumer and for the economy generally. Such interventions occur not only at national level, but also in situations where governments work together to provide mutual benefits, as in the European Union’s attempts to set up a ‘Single Market’ across the member states of the EU.

While few would deny that competitive markets have many benefits, the search for increased competition at national level and beyond can sometimes be restrained by the political realities of the situation, a point underlined by a previous decision of the EU authorities to allow a block exemption from the normal rules of competition in the EU car market. Under this system, motor manufacturers operating within the EU were permitted to create networks of selective and exclusive dealerships and to engage in certain other activities normally outlawed under the competition provisions of the single market. It was argued that the system of selective and exclusive distribution (SED) benefited consumers by providing them with a cradle-to-grave service, alongside what was said to be a highly competitive supply situation within the heavily branded global car market.

Introduced in 1995, and extended until the end of September 2002, the block exemption was highly criticised for its impact on the operation of the car market in Europe. Following a critical report by the UK competition authorities in April 2000, the EU published a review (in November 2000) of the workings of the existing arrangement for distributing and servicing cars, highlighting its adverse consequences for both consumers and retailers and signalling the need for change. Despite intensive lobbying by the major car manufacturers, and by some national governments, to maintain the current rules largely intact, the European Commission announced its intention of replacing the block exemption regulation when it expired in September, subject of course to consultation with interested parties.

In essence the Commission’s proposals aimed to give dealers far more independence from suppliers by allowing them to solicit for business anywhere in the EU and to open showrooms wherever they want; they would also be able to sell cars supplied by different manufacturers under the same roof. The plan also sought to open up the after sales market by breaking the tie which existed between sales and servicing. The proposal was that independent repairers would in future be able toget greater access to the necessary spare parts and technology, thereby encouraging new entrants to join the market with reduced initial investment costs.

While these proposals were broadly welcomed by groups representing consumers (e.g. the Consumer Association in the UK), some observers felt that the planned reforms did not go far enough to weaken the power of the suppliers over the market (see e.g. the editorial in the Financial Times, 11 January 2002). For instance it appeared to be the case that while manufacturers would be able to supply cars to supermarkets and other new retailers, they would not be required by law to do so, suggesting that a market free-for-all was highly unlikely to emerge in the foreseeable future. Equally the Commission’s plans appeared to do little to protect dealers from threats to terminate their franchises should there be a dispute with the supplier.

In the event the old block exemption scheme expired at the end of September 2002 and the new rules began the next day. However, the majority of the provisions under the EC rules did not come into effect until the following October (2003) and the ban on ‘location clauses’ – which limit the geographical scope of dealer operations – only came into effect two years later. Since October 2005 dealers have been
free to set up secondary sales outlets in other areas of the EU, as well as their own countries. This is expected to stengthen competition between dealers across the Single Market to the advantage of consumers (e.g. greater choice and reduced prices).

Case study questions

  1. Can you suggest any reasons why the European Commission was willing to grant the block exemption in the first place given that it ran counter to its proposals for a Single Market?
  2. Why might the new reforms make cars cheaper for European consumers?

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IIBM – Organizational Behaviour Answer sheet

The IIBM – Organizational Behaviour Answer sheet

\"\"
  1. The Scientific Management approach is developed by
  2. a) Elton Mayo
  3. b) Henry Fayol
  4. c) F.W. Taylor
  5. d) A. Maslow
  1. What sort of goals does Management by Objectives (MBO) emphasize? (1)
  2. a) Tangible, verifiable, and measurable
  3. b) Achievable, controllable, and profitable
  4. c) Challenging, emotional, and constructive
  5. d) Hierarchical, attainable, and effective

III. What is the most relevant application of perception concepts to OB? (1)

  1. The perceptions people form about each other
  2. The perceptions people form about their employer
  3. The perceptions people form about their culture
  4. The perceptions people form about society
  1. Goal setting theory is pioneered by
  2. Stacy Adams
  3. Charms
  4. Edwin Locke
  5. F. W. Taylor
  1. Which of the following is/are not organizational factors causing stress? (1)
  1. Task demand
  2. Role demand
  3. Role conflict
  4. Satisfaction
  1. In which stage of the conflict process does conflict become visible? (1)
  2. Illumination
  3. Intentions
  4. Behavior
  5. Cognition

VII. In ————–leadership, there is a  complete centralization of authority in the  leader

  1. Democratic
  2. Autocratic
  3. Free rein
  4. Bureaucratic

VIII. Which of the following is not a  contingency theory of leadership?

  1. LPC theory
  2. Path-Goal theory
  3. Vroom-Yetton-Jago theory
  4. Job centered Leadership
  1. A technique to bring changes in the entire organization, rather than focusing attention on individuals to bring changes  easily. (1)
  2. Organizational development
  3. Organizational change
  4. Organizational culture
  5. Organizational conflicts
  1. Which one is not a Process Based Theory of motivation? (1)
  2. a) Porter Lawler Theory
  3. b) Mcclelland’s Theory
  4. c) Stacy Adams Theory
  5. d) Vroom’s Theory
\"\"

Part B:

  1. Define Scientific Management. (5)
  2. Explain Management by Objectives (MBO). (5)
  3. Explain the Five-Stage Model of group development. (5)
  4. Write a short note on Trait Theory. (5)

Caselet1

Ms. Priyanka is a store manager of one of the fourteen Hàppy Home Furniture outlets that are located at all the major cities in the country. Her staff consists of twelve salespersons and support personnel. Each salesperson. is paid commission based on sales. All the salespersons are expected to do other tasks, such as assisting the merchandise manager, arranging the displays, and handling customer complaints. These tasks, and a few others, are to be shared equally among the sales persons.  The store\’s sales target is established at the headquarters of the furniture chain. This target is divided by the number of salespersons and each is expected to meet his or her target  Mr. Ranjan, is the top salesperson at the outlet. When he misses his sales goal, which seldom happens, the store\’s target is usually not met. Ranjan, however, often does not help in doing the common tasks, much to the frustration of the other eleven salespeople, who feel that if they do not handle the common tasks, they will be fired. Recently, Ms. Priyanka noticed that one of her salespeople, Mr. Manish„ made careless errors,  neglected clients, and did not do his share of the common tasks. When confronted by the store manager, he complained about Mr. Ranjan., who, in his opinion, got away with doing almost nothing. After this discussion, Ms. Priyanka began to observe the salespersons more closely and noticed that most of them neglected their work and were not cooperative.  The store manager felt that something had to be done. A talk with Mr. Ranjan had little effect.  Yet, the store needed Ranjan because of his excellent sales record. On the other hand, the morale of the other salespersons had begun to deteriorate.

Questions:

  1. What https://mbacasestudyanswers.com/Should Ms. Priyanka do? (10)
  2. What are the standards of performance? Should they be changed? If so, in what ways?

Caselet2

  1. Ketan Parekh had worked his way up through the technical arm of ANC Company to become chief Engineer and the General Manager of the Avionics Division. He was an important inventor and innovator, in basic frequency-modulated continuous wave (FM-CW) Doppler radar technology. This Fm-cw technology gave Avionics a world leadership position in Doppler radar equipment design and production, All Avionics equipment designs were state of the art at the time of their design, a result of the importance of research and development engineering for the department\’s future.  As the division grew and Avionics\’s success with Doppler systems brought large increases in sales, Mr. Ketan\’s preoccupations became considerably more managerial than technical. He began to reassess some of his thinking about organizations. The organization appeared too weak, both structurally and managerially, to cope with the increasing complexity of his division\’s activities. Mr. Ketan was finding it impossible to cope with the number of major decisions that had to be made. Six major programs and several minor ones were in different stages of design and/or production. All had different customers, sometimes in different countries. Every program\’s product although they were all Doppler radar systems, was significantly different from every other one, particularly in its technology. Nevertheless, the programs had to share manufacturing facilities, major items of capital equipment, and specialized functions. Mr. Ketan felt he had to find some way to force the whole decision process down to some level below his own.

Question:

  1. What is the principal problem with ANC\’s existing organizational Structure?
  2. How can the matrix form of organization assist Mr. Ketan?

Section C: Applied Theory (30 marks)

  1. What are the components of attitude? How does attitude determine the behavior of an individual? (15)
  2. Explain the factors that affect an organizational climate. What are the determinants of job satisfaction of employees inside the organization? (15)

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IIBM – Organizational Behaviour Answer sheet Read More »

XIBMS – EMPLOYMENT INTERVIEW OF R P SINHA

XIBMS – EMPLOYMENT INTERVIEW OF R P SINHA

\"XIBMS

XIBMS – EMPLOYMENT INTERVIEW OF R P SINHA

            Mr. R P Sinha is a MBA.  He is being interviewed for the position of Management Trainee at a reputed company.  The selection committee’s is chaired by a lady Vice – President.  Mr. Sinha’s interview was as follows :

Committee : Good morning !

Mr. Sinha : Good morning to Sirs and Madam !

Chairperson : Please, sit down.

Mr. Sinha : Thank you (sits down at the edge of the chair, keeps his portfolio on the table)

  1. Chairperson : You are Mr. R. P. Sinha

A Sinha : Yes, Madam.  This is how I am called.

  1. Chairperson : You have passed MBA with 1st Division.
  2. Sinha : Yes, Madam.
  3. Chairperson : Why do you want to work in our organization ?

A Sinha : It is just like that.  Also, because it has good reputation.

  1. Member A : This job is considered to be quite stressful. Do you think you can manage the stress involved.
  2. Sinha : I think there is too much talk about stress these days. Sir, would you tell clearly what you mean by stress ? I am very strong for any stress.
  3. Member B : What are your strengths ?
  4. Sinha : Sir, who am I talk boastfully about my strengths. You should tell me my strengths.
  5. Member C : What are your weaknesses ?
  6. Sinha : I become angry very fast.
  7. Member A : Do you want to ask us any questions ?

A Sinha : Yes Sir !  What are the future chances for one who starts as a management trainee ?

            The member tells M. Sinha the typical career path for those starting as Management Trainee.  The Chairperson thanks Mr. Sinha.  Mr. Sinha promptly says in reply, “you are welcome,” and comes out.

Questions :

  1. Do you find Mr. Sinha’s responses to various questions effective ?  Give reasons for your view on each answer given by Mr. Sinha.
  2. Rewrite the responses that you consider most effective to the above questions in a job interview.
  3. Mr. Sinha has observed the norm of respectful behaviour and polite conversation.  But, do you think there is something      gone wrong in his case ?  Account for your general  impression of  Mr. Sinha’s performance at the interview.
\"XIBMS\"

XIBMS – EMPLOYMENT INTERVIEW OF R P SINHA

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XIBMS – EMPLOYMENT INTERVIEW OF R P SINHA Read More »

Government and business – friend or foe? – As we have seen, governments intervene in the day-to-day working of the economy  in a variety of ways in the hope of improving the environment in which industrial

Case 3 :

Government and business – friend or foe?

As we have seen, governments intervene in the day-to-day working of the economy  in a variety of ways in the hope of improving the environment in which industrial  and commercial activity takes place. How far they are successful in achieving this goal is open to question. Businesses, for example, frequently complain of over- interference  by  governments  and  of  the  burdens  imposed  upon  them  by government legislation and regulation. Ministers, in contrast, tend to stress how they have helped to create an environment conducive to entrepreneurial activity through the different policy initiatives and through a supportive legal and fiscal regime. Who is right?

While there is no simple answer to this question, it is instructive to examine the different surveys which are regularly undertaken of business attitudes and condi- tions in different countries. One such survey by the European Commission – and reported by Andrew Osborn in the Guardian on 20 November 2001 – claimed that whereas countries such as Finland, Luxembourg, Portugal and the Netherlands tended to be regarded as business-friendly, the United Kingdom was perceived as the most difficult and complicated country to do business with in the whole of Europe. Foreign firms evidently claimed that the UK was harder to trade with than other countries owing to its bureaucratic procedures and its tendency to rigidly  enforce business regulations. EU officials singled out Britain’s complex tax formali- ties, employment regulations and product conformity rules as particular problems for foreign companies – criticisms which echo those of the CBI and other represen- tative bodies who have been complaining of the cost of over-regulation to UK firms  over a considerable number of years.

The news, however, is not all bad. The Competitive Alternatives study (2002) by KPMG of costs in various cities in the G7 countries, Austria and the Netherlands indicated that Britain is the second cheapest place in which to do business in the nine industrial countries (see www.competitivealternatives.com). The survey, which looked at a range of business costs – especially labour costs and taxation -, placed the UK second behind Canada world-wide and in first place within Europe. The country’s strong showing largely reflected its competitive labour costs, with manufacturing costs estimated to be 12.5 per cent lower than in Germany and 20 per cent lower than many other countries in continental Europe. Since firms frequently use this survey to identify the best places to locate their business, the data on relative costs are likely to provide the UK with a competitive advantage in the battle for
foreign inward investment (see Mini case, above).

Case study questions

  1. How would you account for the difference in perspective between firms who often complain of government over-interference in business matters and ministers who claim that they have the interests of business at heart when taking decisions?
  2. To what extent do you think that relative costs are the critical factor in determining inward investment decisions?

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Government and business – friend or foe? – As we have seen, governments intervene in the day-to-day working of the economy  in a variety of ways in the hope of improving the environment in which industrial Read More »

IIBM – Organizational Behavior Answer sheet

IIBM – Organizational Behavior Answer sheet

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Multiple choices:

 

Q1. It is the degree to which a person identifies with a particular organization and its goals, & wishes to maintain membership in the organization

  1. a) Job Involvement
  2. b) Terminal value
  3. c) Attitude
  4. d) Value

 

Q2. _________ means moving information from the hidden area to the open area

  1. a) blind area
  2. b) unknown area
  3. c) public area
  4. d) self-disclosure

 

Q3. An approach in which the goals of one party are in direct conflict with the goals of the other party

  1. a) Negotiation
  2. b) Distributive bargaining
  3. c) Stress
  4. d) None

 

Q4. The measure of a person’s ability to operate within business organizations through social communication & interactions

  1. a) Transactional analysis
  2. b) Interpersonal skill
  3. c) Life position
  4. d) Johari window

 

Q5. Where the source of power is in a person’s control over rewarding outcomes, that power is called

  1. a) Coercive power
  2. b) Referent power
  3. c) Legitimate power
  4. d) Reward power

 

Q6. It means melting resistance to change; the people who will be affected by the change come to accept the need for it

  1. a) Organization
  2. b) Unfreezing
  3. c) Changing
  4. d) Refreezing

 

Q7. This training is also known as laboratory training, encounter groups & T-groups

  1. a) Sensitivity
  2. b) Survey
  3. c) Process
  4. d) Team building

 

Q8. They are the things that come together to define a culture & reveal that the culture is about to those who pay attention to them

  1. a) Culture
  2. b) Espoused value
  3. c) Artifacts
  4. d) Organizational culture

 

Q9. This stage encompasses all the learning that occurs before a new member joins the organizations

  1. a) Socialization
  2. b) The Pre-arrival stage
  3. c) Encounter stage
  4. d) Metamorphosis stage

 

Q10. It refers to the behavior pattern adopted by a leader to influence the behavior of his subordinate for attaining the organizational goal

 

  1. a) Leadership
  2. b) Traits of leadership
  3. c) Leadership grid
  4. d) Leadership style
\"\"

Part Two:

Q1. Define Informal groups.

Q2. What do you understand by the term ‘Emotion’?

Q3. Write a note on ‘Reinforcement theory’.

Q4. Explain the terms ‘Attitudes and Values’.

 

Section B: Case lets (40 marks)

 

Case let 1

 

Q1. How would you examine if there is any merit in the remarks of various functional managers?

Q2. What, in your opinion, could be the reasons for different Managerial thinking in this case?

Q3. How would you design a system of getting correct information about job status to identify delays quickly?

Q4. What would you suggest to promote co-ordinate interaction of various people to meet the scheduled dates?

 

Case let 2

 

Q1. Who do you think Rajender will eat with? Why?

Q2. If you were one of the other foremen, what could you do to make Rajinder’s transition easier?

 

Section C: Applied Theory (30 marks)

 

Q1. A large unit manufacturing electrical goods which has been known for its liberal personnel policies and fringe benefits is facing the problem of low productivity and high absenteeism. How should the management improve the organizational climate?

Q2. The leader is expected to play many roles & therefore he must be qualified to guide others to organizational achievement. Based on this explain the leadership skills & leadership traits.

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XIBMS – COMPANY ACCEPTING A CONTRACT

XIBMS – COMPANY ACCEPTING A CONTRACT

\"XIBMS

XIBMS – COMPANY ACCEPTING A CONTRACT

A computer company was negotiating a very large order with a large size corporation.  They had a very good track record with this client.

In this corporation, five different departments had pooled their requirements and budgets.  A committee was formed which had representation from all the departments.  The corporation wanted the equipment on a long lease and not outright purchase.  Further, they wanted all the hardware and software form one supplier.  This meant that there should be bought – out items from many suppliers since no one supplier could meet all the requirements of supply from its range of products.

The corporation provided an exhaustive list of very difficult terms and conditions and pressurized the vendors to accept.  The computer company who was finally awarded the contract had agreed to overall terms that were fine as far as their own products were concerned but had also accepted the same terms for the brought – out items.  In this case, the bought – out items were to be imported through a letter of credit. The percentage of the bought – out items versus their own manufacture was also very high.  One of the terms accepted was that the “system” would be accepted over a period of 10 days after all the hardware had been linked up and software loaded.

The computer company started facing trouble immediately on supply.  There were over 100 computers over a distance connected with one another with software on it.  For the acceptance tests, it had been agreed that the computer company would demonstrate as a pre-requisite the features they had claimed during technical discussions.

Now, as you are aware, if a Hero Honda motorcycle claims 80 km to a litre of petrol, it is under ideal test conditions and if a motorcycle from the showroom were to be tried for this test before being accepted, it would never pass the test.  In corporation’s case, due to internal politics, the corporation persons from one department – who insisted on going exactly by the contract – did not sign acceptance since the “ system” could not meet the ideal test conditions.

Further, in a classic case of, “ for want of a horse – shoe, payment for the horse was held up”, the computer company tried to get the system accepted and payment released.  The system was so large that at any point of time over a period of 10 days something small or the other always gave problems.  But the corporation took the stand that as far as they were concerned the contract clearly were concerned the contract clearly mentioned that the “system” had to be tested as a whole and not module by module.

 

Questions :

  1. Comment on the terms and conditions placed by the corporation.
  2. What factors influenced the computer company’s decision to accept the contract ?
  3. Was it a win – win agreement ? Discuss ?
\"XIBMS

XIBMS – COMPANY ACCEPTING A CONTRACT

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IIBM – Media and Advertising Management Answer sheet

IIBM – Media and Advertising Management Answer sheet

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Multiple Choices:

 

Q1. Which of the following is not the spectrum of advertising?

  1. Sales organization
  2. Communication with consumer
  3. Distribution channel
  4. Advertising for media

Q2. AIDA stands for__________

Q3. Which of the following is the indirect role of advertising?

  1. Lowering of price
  2. Advertising & competition
  1. Guide to the prospective buyer
  2. Both a & b

Q4. Lack of clarity in setting advertising objectives may arise due to thea.

  1. The problem in stating objectives in quantifiable terms
  2. Inability to identify the largest audience
  3. Inadequate information
  4. All of the above

Q5. Which of the following is not a criticism of advertising?

  1. Advertising creates insecurity
  2. Barriers to entry
  3. Product proliferation
  4. Inefficient manufacturers stay in business

Q6. A part of the amount per unit of the item sold is assigned as the advertising appropriation is known as

  1. Percentage of sales
  2. Unit of sales
  3. Competitive parity
  4. Return on investment method

Q7. POP stands for __________

Q8. Which of the following is the strategy of segmentation

  1. Strategy of concentration
  2. Strategy of differentiation
  3. Both a & b
  4. None

Q9. Various types of advertising material can be used in shops and stores to draw the attention of the prospects such as dispensers, hanging signs, danglers and streamers is known as

  1. Outdoor promotional media
  2. Point of purchase material
  3. Direct announcement
  4. Advertising specialties and gifts

Q10. What are the common themes, commonly used by a copywriter in creating “Industrial advertisement”?

  1. Old and with long experience
  2. Research and development
  3. Technical breakthrough
  4. All of the above
\"\"

Part Two:

Q1. State the role of Advertising.

Q2. What are the differences between industrial & consumer advertising?

Q3. Explain the” Roger’s innovation model” of advertising.

Q4. Describe the situation in which advertising may be acquired.

Q5. DTH remains the primary digital pay-TV platform in India. Comment?

Q6. Give the advantages of the  Cable’s.

Q7.What type of data will be reported in the Final Study?

Q8. Explain, by Market Researcher select the Boulder Colorado?

Q9. Define  “Advertising”.  Explain the  Benefits of  “Advertising”?

Q10. What is  “Industrial  Advertising”?  Explain the objective of  “Industrial advertising”?

 

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Meeting Deadlines: Timely submission is a significant goal for academic writing professionals. They work within specified deadlines to provide students with completed assignments, enabling them to submit their work punctually.

Clear and Coherent Communication: Professionals strive to convey complex ideas in a clear, coherent, and academically appropriate manner. They focus on effective communication to ensure the content is easily understandable to the target audience.

Supporting Learning and Comprehension: Beyond completing assignments, academic writing professionals aim to support students\’ learning by providing explanations, analysis, and additional resources that help students grasp the subject matter more comprehensively.

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Continuous Improvement: Academic writing professionals continuously update their knowledge base, research techniques, and writing skills to adapt to evolving academic standards and deliver the best possible support to students.

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XIBMS – ARVIND PANDEY CAUGHT IN BUSINESS WEB

XIBMS – ARVIND PANDEY CAUGHT IN BUSINESS WEB

\"XIBMS

XIBMS – ARVIND PANDEY CAUGHT IN BUSINESS WEB

  Arvind Pandey is a project manager at Al Saba Construction Company in Muscat.   It s a flourishing company with several construction projects in Muscat and abroad.  It is known for completing projects on time and with high quantity construction.  The company’s Chairman is a rich and a highly educated Omani.  A German engineer is Arvind’s Vice – President for urban and foreign construction projects.

Three months ago, Al Saba had submitted a tender for a major construction project in Kuwait.  Its quotation was for $ 25 million.  In Kuwait the project was sponsored and announced by a US – based construction company called Fuma.  According to Al Saba, their bid of $ 25 million was modest but had included a high margin of profit.

On 25 April, Arvind was asked to go to Kuwait to find out from the Fuma project manager the status of their construction proposal.  Arvind was delighted to know that Fuma had decided to give his company.  (Al Saba) the construction project work.  The project meant a lot of effort and money in planning the proposed construction in Kuwait.

But before Arvind could tank the Fuma project manager, he was told that their bird should be raised to $ 28 million.  Arvind was surprised. He tried to convince the Fuma project manager that his (Arvind company had the bast reputation for doing construction work in a cost effective way .  However, he could always raise the bid by $ 3 million. But he wanted to know why he was required to do so.

The Fuma manager’s reply was, “That’s the way we do our business in this part of the world, $ 1 million will go to our Managing Director in the US, I shall get $ 1 million, you, Mr. Pandey, will get $ 1 million in a specified account in Swiss Bank.

Arvind asked, “ But why me ?”

“ So that you never talk about it to any one.”  The Fuma Project Manager said.

Arvind promised never to  leak it out to any one else.  And he tried to bargain to raise the bid by $ 2 million.  For. Arvind was familiar with the practice of “ pay – offs” involved in any such thing.  He thought it was against his loyalty to his company and his personal ethics.

Arvind promised the Fuma project manager that the bid would be raised to $ 28 million and fresh papers would be put in. He did not want to lose the job.

He came back to Muscat and kept trying to figure out how he should place the whole thing before his German Vice President.  He obviously was at a loss.

 

Questions :

  1. Analyse the reasons for Arvind Pandey’s dilemma.
  2. Does Arvind Pandey really face a dilemma ?
  3. In your view what should Arvind Pandey do ? Should he disclose it to his German Vice President ? 
\"XIBMS

XIBMS – ARVIND PANDEY CAUGHT IN BUSINESS WEB

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IIBM – Operations Research Answer sheet

IIBM – Operations Research Answer sheet

\"\"

Part One:

  1. In the case of (<=) inequality, to convert the inequality to an equation, we used to add a slack variable to the left-hand side of the constraint, this slake variable should be:
  2. Negative
  3. Positive
  4. May be positive or negative
  5. Zero
  1. In a set of m Χ n equations (m<n) the maximum number of corner points is given by…………
  1. According to the penalty rule for artificial variables, the objective coefficient of the artificial variable represents an appropriate penalty, positive or negative depending on the problem, but the necessary condition required to hold this is, that the value should be:
  2. 0
  3. 1
  4. None of the above
  1. The cases of the Simplex method in which the value of the variables may increase indefinitely without change in the constraints are:
  2. Degeneracy
  3. Alternative optima
  4. Unbounded solutions
  5. Nonexisting solutions
  1. An arc in a network model is said to be ‘Directed’ if it allows positive flow in one direction and
  1. Negative flow in a negative direction
  2. Zero flow in a negative direction
  3. Negative flow in the perpendicular direction
  4. None of the above
  1. PERT stands for……………………………………………………………………………………..
  1. In a preemptive method for goal programming, the optimum value of a higher-priority goal is never degraded by a lower-priority goal.(T/F)
  1. The column-dropping rule does not guarantee the nondegradation of higher priority goals.(T/F)
  1. The additive algorithm developed by E Balas for solving ILP problems was based on pure binary variables.(T/F)
  1. According to the inventory model for commodity possession for smooth business operation, Holding cost represents:
  2. Price per unit of an inventory item.
  3. The fixed charge incurred when an order is placed regardless of its size.
  4. The cost of maintaining inventory in stock.
  5. None of the above
\"\"

Part Two:

  1. What do you understand by ‘Degeneracy’ found in using the simplex method?
  2. What do know about ‘The Balancing of Transportation Model’? If unbalanced then remedy.
  3. Explain ‘The Vogel Approximation Model (VAM)’.
  4. Explain ‘Dijkstra’s Algorithm for routing.
  1. The stock of WalMark Stores, Inc., trades on the New York Stock Exchange under the symbol WMS. Historically, the price of WMS goes up with the increase in the Dow average 60% of the time and goes down with the DOW 25% of the time. There is also a 5% chance that WMS will go up when the Dow goes and 10% that it will go down when the Dow goes up.
  2. a) Determine the probability that WMS will go up regardless of the Dow.
  1. b) Find the probability that probability that WMS goes up given that the Dow is up.
  1. c) What is the probability that WMS goes down given that the Dow is down?
  1. Prove that if the probability P {A/B} = P {A}, then A and B must be independent.
  1. Tasco Oil owns a pipeline booster unit that operates continuously. The time between breakdowns for each booster is exponential with a mean of 20 hours. The repair time is exponential with a mean of 3 hours. In a particular station, two repairpersons attend 10 boosters. The hourly wage for each repairperson is $18. Pipeline losses are estimated to be $30 per broken booster per hour. Tasco is studying the possibility of hiring an additional repairperson.
  1. a) Will there be any cost savings in hiring a third repairperson?
  1. b) What is the schedule loss in dollars per breakdown when the number of repairpersons on duty is two? Three?
  1. When cars arrive at a one-bay car wash facility the interarrival time is exponential, with a mean of 10 minutes. Arriving cars line up in a single lane can accommodate at most five waiting cars. If the lane is full, newly arriving cars will go elsewhere. It takes between 10 and 15 minutes, uniformly distributed, to wash a car. Simulate the system for 960 minutes, and estimate the time a car spends in the facility.
  2. Define the Transportation Model and its variant in brief.
  3. Explain in detail Game Theory. Support your answer examples.

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IIBM – Operations Research Answer sheet Read More »

Resource prices – As we saw in Chapter 1, resources such as labour, technology and raw materials constitute inputs into the production process that are utilised by organisations to  produce outputs.

Resource prices

As we saw in Chapter 1, resources such as labour, technology and raw materials constitute inputs into the production process that are utilised by organisations to  produce outputs. Apart from concerns over the quality, quantity and availability of  the different factors of production, businesses are also interested in the issue of  input prices since these represent costs to the organisation which ultimately have to be met from revenues if the business is to survive. As in any other market, the prices of economic resources can change over time for a variety of reasons, most, if  not all, of which are outside the direct control of business organisations. Such fluc- tuations in input prices can be illustrated by the following examples:

  • rising labour costs – e.g. rises in wages or salaries and other labour related costs (such as pension contributions or healthcare schemes) that are not offset by increases in productivity or changes in working practices. Labour costs could rise for a variety of reasons including skills shortages, demographic pressures, the introduction of a national minimum wage or workers seeking to maintain their living standards in an inflationary period.
  • rising raw material costs – e.g. caused by increases in the demand for certain raw materials and/or shortages (or bottlenecks) in supply. It can also be the result of the need to switch to more expensive raw material sources because of customer pressure, environmental considerations or lack of availability.
  • Rising energy costs – e.g. caused by demand and/or supply problem as in the oil market in recent years, with growth in India and China helping to push up demand and coinciding with supply difficulties linked to events such as the war in Iraq, hurricanes in the Gulf of Mexico or decisions by OPEC.
  • Increases in the cost of purchasing new technology/capital equipment – e.g. caused by the need to compete with rivals or to meet more stringent government regulations in areas such as health and safety or the environment.

As the above examples illustrate, rising input prices can be the result of factors operating at both the micro and macro level and these can range from events which are linked to natural causes to developments of a political, social and/or economic kind. While many of these influences in the business environment are uncontrollable, there are steps business organisations can (and do) often take to address the issue of rising input prices that may threaten their competitiveness. Examples include the following:

  • Seeking cheaper sources of labour (e.g. Dyson moved its production of vacuum cleaners to the Far East).
  • Abandoning salary-linked pension schemes or other fringe benefits (e.g. com-pany cars, healthcare provisions, paid holidays).
  • Outsourcing certain activities (e.g. using call centres to handle customer com-plaints, or outsourcing services such as security, catering, cleaning, payroll, etc.). ● Switching raw materials or energy suppliers (e.g. to take advantage of discounts by entering into longer agreements to purchase).
  • Energy-saving measures (e.g. through better insulation, more regular servicing of equipment, product and/or process redesign).
  • Productivity gains (e.g. introducing incentive schemes). In addition to measures such as these, some organisations seek cost savings through
    divestment of parts of the business or alternatively through merger or takeover activity. In the former case the aim tends to be to focus on the organisation’s core products/services and to shed unprofitable and/or costly activities; in the latter the objective is usually to take advantage of economies of scale, particularly those asso- ciated with purchasing, marketing, administration and financing the business.

Case study questions

  1. If a company is considering switching production to a country where wage costs are lower, what other factors will it need to take into account before doing so?
  2. Will increased environmental standards imposed by government on businesses inevitably result in higher business costs?

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Resource prices – As we saw in Chapter 1, resources such as labour, technology and raw materials constitute inputs into the production process that are utilised by organisations to  produce outputs. Read More »

IIBM – Mass Communication Answer sheet

IIBM – Mass Communication Answer sheet

\"\"

Multiple Choices:

Q1. __________ Communication deals with the public outside the organization.

  1. External Communication
  2. Internal Communication
  3. Diagonal Communication
  4. Vertical Communication

Q2. It concerns the lifestyles and activities of people such as movie attendance, hobbies, and types of physical exercise

  1. Geographic‟s
  2. Demographics
  3. Psychographics
  4. None

Q3. Technique of sending magazines free to individuals within an industry to increase identification with an organization

  1. Association Magazines
  2. Controlled Circulation
  3. Conglomerate
  4. Association Management

Q4. The Connection made when a magazine runs a story about a product advertised in the magazine.

  1. Package deals
  2. Tie-ins
  3. Publishers
  4. Editorial

Q5. Writing illustrating and designing publications with a personal computer is known as

  1. Desktop Publishing
  2. Distributor
  3. Wholesalers
  4. Retailers

Q6. A boxlike mechanism used to view short films during the late 1800s

  1. Nickelodeon
  2. Broadcast TV
  3. Kinetoscope
  4. Computer

Q7. The technique of joining pieces of film or of digitally manipulating images in a creative process.

  1. Editing
  2. Oligopoly
  3. Processing
  4. Writing

Q8. Marketing strategy common in the 1930s and 1940s that required theaters to book movies before they were produced.

  1. A& B pictures
  2. Block booking
  3. Blind booking
  4. Vertical Integration

Q9. Department that controls the movement of programming through the day, logs what goes on the air, & supplies information for billing advertisers.

  1. Modulators
  2. Traffic
  3. Demodulator
  4. Decoding

Q10. A favorite television format of the 1950s that consisted of stage plays produced for TV is

  1. Blacklist
  2. Fellow Travelers
  3. Quiz show
  4. Anthology
\"\"

Part Two:

Q1. Differentiate between Broadcast Stations and Cable Systems.

Q2. Write a short note on Mass Communication?

Q3. Define the Interaction of supply and demand.

Q4. Explain the development of Mass advertising.

Q5. Schorr maintains that he has a journalistic obligation, which is to say responsibility, to disclose circumstances that could “color” his views on a politician. What does he mean by this? Is he right to say that that he has a moral responsibility as a Journalist to reveal such facts to his readers? Why or why not?

Q6. From what might Schorr‟s sense of journalistic obligation derive? What is its source?

Q7. Are there any circumstances under which it is morally justified to impose censorship? What, according to Fisk, are the likely effects of censuring the new Iraqi press?

Q8. When a society is relatively stable and well-established, there are always remedies for libel and inaccuracies in reportage. A society in crisis, like Iraq during the American occupation after the Second Gulf War, does not have such mechanisms in place. Do these facts provide the basis for a reasonable defense of the decision to censure the press?

Q9. What is the threat of Regulation? Explain the types of media regulation.

Q10. Define the approach to mass communication research. Also, discuss the types of research methods and the role of theory in research.

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Originality and Plagiarism-Free Content: Professionals in this field emphasize originality by creating authentic content free from plagiarism. To maintain academic integrity, they ensure that all information is appropriately cited and referenced.

Meeting Deadlines: Timely submission is a significant goal for academic writing professionals. They work within specified deadlines to provide students with completed assignments, enabling them to submit their work punctually.

Clear and Coherent Communication: Professionals strive to convey complex ideas in a clear, coherent, and academically appropriate manner. They focus on effective communication to ensure the content is easily understandable to the target audience.

Supporting Learning and Comprehension: Beyond completing assignments, academic writing professionals aim to support students\’ learning by providing explanations, analysis, and additional resources that help students grasp the subject matter more comprehensively.

Customization and Client Satisfaction: They tailor their services to individual student needs, providing personalized assistance and ensuring client satisfaction by addressing specific requirements and preferences.

Continuous Improvement: Academic writing professionals continuously update their knowledge base, research techniques, and writing skills to adapt to evolving academic standards and deliver the best possible support to students.

IIBM – Mass Communication Answer sheet Read More »

XIBMS – Business Communication

XIBMS – Business Communication

\"XIBMS

XIBMS – Business Communication

(ATV : Advertising Radio FM Brand)

            A young, gorgeous woman is standing in front of her apartment window dancing to the 1970s tune, “All Right Now” by the one – hit band free.  Across the street a young man looks out of his apartment window and notices her.  He moves closer to the window, taking interest.  She cranks up the volume and continues dancing, looking out the window at the fellow, who smiles hopefully and waves meekly.  He holds up a bottle of wine and waves it, apparently inviting her over for a drink.  The lady waves back.  He kisses the bottle and excitedly says, “Yesss.”  Then, he gazes around his apartment and realizes that it is a mess. “No !” he exclaims in a worried tone of voice.  Frantically, he does his best to quickly clean up the place, stuffing papers under the sofa and putting old food back in the refrigerator, He slips on a black shirt, slicks  back his hair, sniffs his armpit, and lets out an excited , “Yeahhh!” in eager anticipation of entertaining the young lady.  He goes back to the window and sees the woman still dancing away.  He points to his watch, as if to say “ Come on.  It is getting late.”   As she just continues dancing, he looks confused.  Then a look of sudden insight appears on his face, “Five,” he says to himself.  He turns on his radio, and it too is playing “All Right Now.”  The man goes to his window and starts dancing as he watches his lady friend continue stepping.  “Five, yeah,” he says as he makes the “okay” sign with his thumb and forefinger.  He waves again.  Everyone in the apartment building is dancing by their window to “All Right Now.”  A super appears on the screen: “Are you on the right wavelength ?”

Questions :

  1. What is non – verbal communication ? Why do you suppose that  this commercial relies primarily on non-verbal communication between a   young man and a gorgeous woman ?  What types of    non – verbal communication are being used in this case ?
  2. Would any of the non-verbal communications in this spot (ad) not work well in another culture ?
  3. What role does music play in this spot ? Who is the target market ?
  4. Is the music at all distracting from the message ?
  5. How else are radio stations advertised on TV ?
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XIBMS – Business Communication

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