2nd Sem NMIMS Sep 2023 solved assignments last date is 29 Aug 2023

Business Communication

September 2023 Examination

  1. What is Report Writing? Define the 3 sections of Report writing explaining each in detail

Introduction:

Report writing is an established and formal approach to presenting statistics, findings, or analysis on a specific subject matter or difficulty. It includes gathering relevant information, organizing it logically, and conveying it really and concisely. Reports are typically used in commercial enterprises, academia, research, and diverse professional fields to speak essential data, make knowledgeable selections, and document studies or investigations.

Execs of Report Writing:

  1. Clear communication: reviews provide a based format that permits records to be supplied clearly and concisely. This enables assertive communication and ensures that the readers,

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  1. As an effective manager and a leader, while writing a negative message to your audience, which are the steps you would consider before drafting the message.

Ans:

 

Introduction:

When writing a poor message as a supervisor and leader, it is crucial to consider the steps outlined below to ensure the message is delivered effectively. Although negative news can be challenging, approaching them with thoughtfulness and readability can help maintain professional relationships and reap the desired outcomes.

Concept & application:

Here are the steps to consider:

  1. Analyze the situation:

Before drafting a negative message, cautiously examine the scenario at hand. Identify the

  1. a. What is Digital Media? What are the ways for optimizing the content for mobile devices?

 

Ans:

Introduction:

Virtual media is any shape of media content saved and transmitted electronically. It encompasses diverse forms of communication, together with text, images, audio, and video, allotted through digital channels like the Internet, social media platforms, cellular applications, and more. In the modern digital age, virtual media has become a crucial part of our lives, transforming how we consume statistics, interact with others, and engage with the

  1. You are planning to switch your job and are in the process of applying to another company. What is a job market? What are the points of an organization and job opportunity will you consider while in the process of applying for the job?

Ans:

Introduction:

In today’s fast-paced and aggressive international, the job market is essential in shaping people’s professional lives. The task market refers to the overall conditions and dynamics surrounding employment possibilities, including the delivery and demand of jobs, the qualifications and capabilities required, and the compensation and advantages organizations provide. Know-how in the process market is essential while planning a profession pass, as it

Business Law

September 2023 Examination

  1. Please explain the different rights of consumer with special emphasis on the rights introduced under the Consumer Protection Act, 2019. (10 Marks)

 

Ans:

 

Introduction:

 

Consumer rights are essential for protecting people from their business interactions and ensuring fair and ethical practices within the marketplace. Those rights are designed to empower purchasers, provide them with recourse in case of unfair remedy, and sell a healthy and transparent business environment. The consumer protection Act of 2019 added several fundamental rights for consumers in India, enhancing their protection and addressing rising demands in the digital age.

Concepts and Applications:

 

  1. Right to Safety:

The right to safety ensures that clients are included in items and services which can harm their

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  1. Please explain any two (2) types of intellectual property rights and provide an example of each of the intellectual property right. Kindly note that the examples should be real life cases (10 Marks)

 

Ans:

 

Introduction:

 

Intellectual property rights (IPRs) are legal rights granted to individuals or organizations for their creations or inventions. Those rights defend the intangible belongings that result from human creativity and innovation. They offer exclusive rights to the creators or owners of intellectual property, letting them control and exploit their creations commercially. Numerous intellectual property rights exist, including copyrights, trademarks, patents, trade secrets, and business designs. Through this response, we can awareness of copyrights

  1. Samiksha wants to start a new organization that will have chain of pet salons in India. She is planning to start the organization all by herself as the owner. She needs clarity on setting up of the organization and has raised few queries. Kindly advise:

 

  1. What are the different Unincorporated and Incorporated forms of organization? Please explain each of them. (5 Marks)

 

Ans:

 

Introduction:

 

Starting a new organization requires careful consideration of the legal shape that best suits the business’s goals and desires. In India, entrepreneurs can establish their organizations as unincorporated or incorporated entities. Each form of company has its advantages and disadvantages. In this response, we will explore the distinct unincorporated and incorporated

  1. She intends to use “BuBri” as the name of the organization. She wants to know how she can claim intellectual properties for the name. Please explain the type of intellectual property/properties that can be claim and procedure of registering it? (5 Marks)

Ans:

Introduction:

Beginning a new organization requires cautious making plans and consideration of various factors. Samiksha’s plan to establish a sequence of puppy salons in India under the call “BuBri” is an exciting task. To shield the name and related intellectual property, Samiksha needs to understand the particular types of intellectual property rights available and the procedures for

Decision Science

September 2023 Examination

 

 

Q 1: Determine the probabilities for the below given statements and write your interpretation using following data.   (10 Marks)

 

 

 

    Do you like Anupama?
   

No

 

Yes

 

Total

 

Do you like ‘Kyuki sas bhi kabhi bahu thi”?

No 15 5 20
Yes 5 25 30
 

Total

 

20

 

30

 

50

 

 

  1. What is the probability that randomly selected person has said “yes, I like Kyuki…”?

 

 

  1. What is the probability that randomly selected person has said “ I don’t like Kyuki…”?

 

 

  1. What is the probability that randomly selected person has said “yes, I like Anupama…”?

 

  1. What is the probability that randomly selected person has said “ I don’t like Arupama…”?

 

  1. What is the probability that randomly selected person has said ‘like Anupama’, also said

 

‘like kyuki….’ prior to that?

 

  1. What is the probability that randomly selected person has said ‘like Kyuki….’, also said

 

“don’t like Anupama” prior to that?

 

Note: Do not use any software for the calculation, you are advised to show all necessary steps of calculations.

 

Ans 1

  1. Probability of saying “Yes, I like Kyuki…”

This change can be determined by dividing the number of those who said “sure,” like Kyuki, by the whole number of human beings:

Probability = (number of those who said “yes” like Yuki) / (general number of humans)

Probability = 30/ 50 = 0.6 or 60%

Interpretation: The possibility that a randomly decided person says, “Sure, I like Kyuki…” is

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Q2: Calculate the correlations among all possible combinations of variables using the following data and write your interpretations.   (10 Marks)

 

 

 

 

State Urban No of

Bank Offices

Urban Amount

Credit

Urban Amount

Deposit

Urban No of

Accounts

ANDAMAN & NICOBAR ISLANDS 31 10798.91 23009.661 300860
ANDHRA PRADESH 4254 1771561.22 1785273.21 56997520
ARUNACHAL PRADESH 71 18713.635 55093.574 620951
ASSAM 1164 321567.825 807884.938 15333369
BIHAR 3056 559501.655 1812236.67 42338127
CHANDIGARH 424 585840 549184 3364488
CHHATTISGARH 1284 599595.538 848908.706 15436631
DADRA & NAGAR HAVELI 35 9937.519 26367.337 488036
DAMAN & DIU 43 8227.23 36462.355 473049
GOA 397 126414.224 433800.37 3640393
GUJARAT 4831 3619277.92 4567644.04 60961143
HARYANA 2905 1446481.5 2226409.05 31466846
HIMACHAL PRADESH 381 90320.203 271842.575 2927090
JAMMU & KASHMIR 819 239474.898 578992.602 8568486
JHARKHAND 1501 385210.622 1302088.44 17698133
KARNATAKA 6204 4337559.3 6418221.89 72858087
KERALA 5949 2212958.59 3575806.38 59406050
LAKSHADWEEP 5 413.064 4906.115 34583
MADHYA PRADESH 3901 1447929.15 2508450.77 56132871
MAHARASHTRA 8846 21914275.1 21203097.7 139566919
MANIPUR 84 17502.179 47232.768 1216224
MEGHALAYA 165 30045.858 141589.032 1134644
MIZORAM 102 20101.754 51840.488 743615
NAGALAND 102 21505.157 70089.604 871327
NCT OF DELHI 3408 9559956.37 9604406.95 43749602
ODISHA 2123 678962.946 1608027.32 21675814
PUDUCHERRY 180 75818.599 118598.454 1989219
PUNJAB 3681 1547952.7 2283001.19 35795072
RAJASTHAN 3988 1475735.94 2194328.32 45786526
SIKKIM 39 10980.099 42445.246 303941
TAMIL NADU 7218 6172405.9 5455337.41 89424694
TELANGANA 3296 3359268.45 3303802.62 43319782
TRIPURA 216 41708.593 127616.832 2685808
UTTAR PRADESH 8522 2490881.56 5930432.61 117339360
UTTARAKHAND 1042 251706.35 748447.406 8992680
WEST BENGAL 4498 3061581 5141434.75 65921120

 

 

 

 

Ans 2 (A)

The correlation coefficient between “urban No of bank offices” and “city amount credit,” primarily based on the records analysis in Excel, is zero.684. This shows a moderate positive

The correlation coefficient between “Urban No of Bank Offices” and “Urban no of Amount”

The correlation coefficient between “urban No of bank offices” and “urban No of accounts” based on the analysis of the facts in Excel is 0.984. This indicates a robust and high-quality

The correlation analysis in Excel was famous for a robust positive correlation between the variables “urban quantity” (urban amount) and “credit” (credit). The correlation coefficient of one indicates a perfect delicate linear relationship among those variables. This suggests that

The correlation evaluation in Excel reveals a high-quality correlation between the variables

 

 

Q 3A: In Maharashtra there are 20 Big companies in IT sector. Out of these, 15 companies are in Mumbai. What is probability that at least two companies are from Mumbai if total 3 companies selected randomly to form a sample.     (5 Marks)

Note: Do not use any software for the calculation, you are advised to show all necessary steps of calculations.

 

Ans 3A:

Solution

To solve this problem the use of the binomial distribution, we can define the following parameters:

Q 3B: Draw the Line chart using EXCEL for the following variables and write your interpretations. Looking at the graph/ numbers (in the table) what type of correlation is suspected between crop area of wheat and cereals.    (5 Marks)

 

 

Year AREA UNDER

CULTIVATION Wheat (Lakh hectares)

AREA UNDER

CULTIVATION Coarse Cereals (Lakh hectares)

196566 126 443
197071 182 460
197576 205 438
198081 223 418
198586 230 395
199091 242 363
199596 250 309
200001 257 303
200506 265 291
201011 291 283
201516 304 244
202021 311 241

 

 

 

Ans 3B:

The graph displays the crop area of wheat and coarse cereals over a span of several years, ranging from 1965-66 to 2020-21. by using studying the graph, we can observe a clear pattern and draw conclusions about the correlation between those  variables.

First, let’s focus at the crop area of wheat. From the initial year of 1965-66 to the final year of

Essentials of HRM

September 2023 Examination

Q1. French Educators Ltd. is an Indo-French cultural exchange community. It is planning to hire more employees for expanding its operations in India. The HR Department is doing an HR supply forecasting for its expansion. Discuss the seven categories of information that are required for assessing its skill inventory. (10 Marks)

Ans:

Introduction:

French Educators Ltd., an Indo-French cultural exchange network, is preparing to extend its operations in India. As part of this expansion, the HR branch is conducting an HR deliver forecasting to assess the skill inventory of capacity personnel. This analysis is essential for determining the organization’s current staff skills and identifying the gaps new hires need to fill. To behavior comprehensive HR supply forecasting, the HR department has to consider seven key categories of information.

Concepts and applications:

  1. Instructional qualifications: evaluating the educational qualifications of employees is

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Q2. Patil Developers has ventured heavily into the commercial building construction market, leaving all its competitors behind. This has been possible due to its regular job analysis review process. As their HR Consultant, explain in detail some of the methods for collecting job analysis data. Give examples as needed. (10 marks)

Ans:

Introduction:

Job analysis is a necessary manner that facilitates organizations to understand and define the requirements of various job roles within their personnel. It involves collecting and studying statistics about task responsibilities, obligations, abilities, and qualifications. Rational task analysis enables corporations to make informed decisions about recruitment, education, performance evaluation, and compensation. Patil builders’ achievement in the industrial building production market can be attributed to their normal activity analysis review process. As an HR consultant, let us explore methods for collecting job analysis facts with practical

.

Q3. Sandeep has been asked to make a presentation to the HR department regarding the various sources of recruitment that are used by his IT Company. The company wants to understand which sources are the most effective and which ones are not. Help him answer the following questions:

  1. Explain to him what are the different internal sources of recruitment available with the firm. Give examples. (5 Marks)

Ans:

Introduction:

Recruitment plays a critical role in the achievement of any agency, and corporations need to discover various assets to draw and select the best talent. Internal recruitment sources refer to the strategies via which companies perceive and hire candidates from within their current personnel. These resources are valuable as they provide opportunities for professional growth and development to current personnel while ensuring a smooth transition and knowledge

  1. External sources of recruitment are also considered quite effective. Which sources did Sandeep discuss in this context? (5 Marks)

Ans:

Introduction:

Recruitment plays an essential role in the success of any organization, and IT companies are no exception. Companies employ various recruitment resources to draw and lease exceptional talent, both inner and outside. In this context, Sandeep has been tasked with imparting to the HR department of his IT Company the external assets of recruitment that are considered

Operations Management

September 2023 Examination

 

  1. List down and briefly explain the various types of inventories along with techniques of how to manage each. Identify at least three inventory management techniques applicable to pickup point stores of a large retail business operator with reasoning for the same. Explain how each technique contributes to the effective management of inventories for pickup point stores (assume several inventories of your choice). (10 Marks)

Ans:

 

Introduction:

 

Inventory control performs a vital function in the smooth operation of any retail business. It involves maintaining the ultimate degrees of various inventories to satisfy customer demand while minimizing costs and maximizing efficiency. On this reaction, we will explore different stock styles, briefly explain each, and then pick out three inventory control techniques suitable for pickup factor shops of a large retail business operator.

Types of Inventories:

  1. Raw materials inventory: This stock comprises the basic materials required for manufacturing or manufacturing. It includes items like raw materials, additives, and sub-

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  1. Define the theory of constraints and its key principles. Using an example of any synchronous manufacturing system, identify a bottleneck in the production process and describe how the Theory of Constraints can be applied to address this bottleneck. Also, describe how the concept of drum-buffer-rope (DBR) can be used to optimize production scheduling and improve overall system performance (10 Marks)

 

Ans:

 

Introduction:

The theory of Constraints (TOC) is a control philosophy Dr. Eliyahu M. Goldratt developed in the Nineteen Eighties. It aims to improve the performance of organizations by identifying and handling the limitations that limit their typical effectiveness. The concept indicates that each system, whether a manufacturing manner, a delivery chain, or a venture, has as a minimum one constraint that prevents it from accomplishing better performance levels. TOC provides a systematic method for perceiving, taking advantage of, and raising these

  1. The facilities management department is a good example wherein the operations involve the integration of the “core operations function” to be coordinating and working in sync with other departments. With reference to the healthcare sector discuss the following aspects of operations in a big multi-specialty hospital setup.

 

  1. Explain the role of operations managers in their interface with other functions in hospital facilities management. Give relevant examples. (5 Marks)

Ans:

 

Introduction:

In a big multi-specialty hospital setup, the role of operations managers is crucial in ensuring the smooth and efficient functioning of various facilities and services. The operations managers are crucial in coordinating and integrating the core operations function with other departments in hospital facilities management. They manage resources, optimize processes,

  1. Define Quality and list and discuss in brief the various dimensions of quality in hospital facilities management. (5 Marks)

 

Ans;

 

Introduction:

In an extensive multi-specialty health facility setup, the center’s control branch plays a crucial role in ensuring the easy functioning of the entire healthcare facility. Facilities management includes coordinating and integrating various operations within the clinic, ensuring that the center operations function seamlessly with different departments. One key issue of facilities control inside the healthcare quarter is keeping and delivering excellent services. Satisfactory

Strategic Management

September 2023 Examination

 

  1. You are the CEO of a bank which sustaining continuous loses in its insurance business although your company has a large bank of customers. What according to you could be the problem and what solutions would you suggest to the board?

 

Create a strategic plan to rebuild your business; Do you think retrenchment could be a strategic option? Justify your answer. (10 Marks)

Ans:

Introduction:

As the CEO of a bank facing non-stop losses in its coverage business, it’s imperative to discover the foundation causes of the problem and devise a strategic plan to rebuild the commercial enterprise. While the bank may have a large customer base, the sustained losses within the insurance segment indicate underlying problems that must be addressed. In this strategic plan, we will examine the potential troubles main to the failures and propose answers to rectify the situation.

Concepts and applications:

  1. Competitive analysis:

One possible problem might be intense competition in the insurance industry. We need to

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  1. The Pro Kabbadi League PKL is India’s leading kabaddi league but is struggling with sponsorship. What could be the reasons for this lack of sponsor interest? What strategies would you recommend to the league management if you were its strategy consultant? (10 Marks)

 

Ans:

Introduction:

The pro-Kabaddi League (PKL) has undoubtedly emerged as India’s premier kabaddi league, garnering considerable recognition and viewership since its inception in 2014. but, despite its enormous fulfillment, the company has confronted challenges in attracting sponsor hobbies. This lack of sponsorship can be attributed to numerous reasons, ranging from the nature of the sport to marketplace opposition and restricted outreach. In this strategic evaluation, we will delve into these factors and provide recommendations to the league management to overcome the sponsorship

  1. WPP became a global advertising be mouth because of a relentless acquisition’s strategy. This has led to its global dominance in such a scenario.

 

  1. If you were an owner of a small full-service advertising agency what strategies would you adopt to compete. (5 Marks)

Ans:

Introduction:

In a world dominated by a global advertising behemoth like WPP, small complete-carrier marketing agencies face numerous demanding situations to compete and thrive in the industry. WPP’s relentless acquisition approach has given it a significant area regarding assets, attain, and marketplace dominance. However, being a small organization does not mean one can’t compete efficiently. Small companies can carve out their space within the

  1. Analyze the state of India’s advertising industry and what the industry needs to do to evolve going forward in this highly competitive technology driven industry which is dominated by a few global giants. (5 Marks)

 

Ans:

Introduction:

The advertising industry in India has skilled a big boom and transformation over the years. With a population of over 1. three billion human beings and a rapidly expanding center class, India presents a large and lucrative market for advertisers. The industry has witnessed the rise of global giants and the emergence of new technologies, developing opportunities and